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Annual Report and Accounts 2008

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Fact:

  • Property sales and purchase transactions valued at millions of pounds are made by The Crown Estate every year

Fact:

  • Over £211 million of net revenue generated by The Crown Estate is paid to the government, for the benefit of the taxpayer

Latest News Headlines

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Karen Millen

 

Press Release

THE CROWN ESTATE DELIGHTED TO ANNOUNCE ALL RETAIL UNITS AT 229-247 REGENT STREET NOW FULLY LET

16 May 2005

The Crown Estate has completed deals to let the three remaining retail units at the £200m mixed retail, residential and office development at 229-247 Regent Street.

The three new retailers joining Regent Street are Karen Millen, the contemporary, cutting edge, women’s fashion retailer who will take 3,500 sq ft at number 247; Quiksilver, the world renowned, innovative, leisure wear retailer will trade from 229 Regent Street with 5,000 sq ft and Halifax bank, the UK’s largest mortgage lender and savings provider, who will take 6,150 sq ft at 5 Hanover Street.

These deals signal the completion of the letting of the retail space at the first major development completed as part of The Crown Estate’s vision for Regent Street. The recent arrivals will complete an impressive list of tenants at the site which already include the flagship stores of international brands Apple, Ted Baker and Lacoste

David Shaw, Head of Regent Street Strategy, said, “The deals show that our commitment to the £500 million redevelopment of Regent Street is attracting the best national and international retailers. These three exciting retailers contribute to Regent Street as a unique international destination, where time is always well spent.”

The scheme was only topped out in April 2004.

Further Information