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Our Estates

There is no organisation in the world quite like The Crown Estate. Our property portfolio includes ancient forests, farms, parkland, coastline, shops, offices and homes. Our role as guardian, facilitator, manager, influencer, employer and revenue creator is unique. We have two main objectives: to benefit the taxpayer by paying our revenue surplus to the Exchequer, and to enhance the value of the estate and the income it generates.

2007 has been an extremely impressive year in terms not only of our financial performance, but also our increased level of investment activity and our publicly recognised achievements. In addition, we have begun to benefit from significant operational changes made in the last two to three years. As we complete our first year in brand new offices we have sent out a clear signal that The Crown Estate is a thriving, modern, UK property business which is well placed to deliver on challenging targets developed around our core values of commercialism, integrity and stewardship.

Urban Estate

Urban Estate

The urban estate consists of over 600 commercial properties in London and elsewhere including shops, offices, retail and business parks, shopping centres and industrial sites. There are also over 2,600 residential properties ranging from 1,340 units let on monthly regulated or assured tenancies, to long leasehold properties in Millbank, Regent's Park and Kensington.

  • £195.7m
  • Turnover
  • (74.6% of group)
  • £5,352m
  • Property value
  • (81.4% of group)
Marine Estate

Marine Estate

The marine estate includes over 55% of the UK's foreshore, the beds of tidal rivers and estuaries, and almost all of the seabed out to the 12 nautical mile territorial limit around the UK. It also includes the rights to explore and utilise the natural resource of the UK continental shelf, with the exception of oil, coal and gas. It covers a diverse portfolio of interests embracing marine aggregates, potash mining, oil and gas pipelines, telecommunication and power cables, aquaculture, renewable energy, moorings, marinas, wildfowling and ports.

  • £38.3m
  • Turnover
  • (14.6% of group)
  • £337m
  • Property value
  • (5.1% of group)
Rural Estate

Rural Estate

The rural estate is one of the largest in the UK with almost 110,000 hectares (270,000 acres) of agricultural land, forests, residential and commercial property in England, Scotland and Wales (excluding Windsor). There are also 22 mineral leases producing limestone, sand, gravel, clay, slate and the Mines Royal (gold and silver). There are 780 agricultural tenancies and 730 residential properties. The forestry estates cover over 13,700 hectares (34,000 acres) of which almost one third is managed by The Crown Estate, with the remainder let.

  • £22.3m
  • Turnover
  • (8.5% of group)
  • £714m
  • Property value
  • (10.9% of group)
Windsor Estate

Windsor Estate

The Windsor estate covers around 6,300 hectares (15,600 acres) and includes almost 3,200 hectares (7,700 acres) of forest, Windsor Great Park and Home Park, the Savill and Valley Gardens, residential properties and some commercial properties including Berkshire and Swinley Forest golf clubs, Ascot Racecourse, Smith's Lawn and two let farms. Windsor Great Park is the only Royal Park managed by The Crown Estate. The board of The Crown Estate has a duty to maintain its character as a Royal Park and forest.

  • £5.5m
  • Turnover
  • (2.1% of group)
  • £170m
  • Property value
  • (2.6% of group)