THE CROWN ESTATE
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Our Portfolio

Fact:

  • 2008/09 revenue by estate (% of group total):
    Urban £221.4m (72.8%)
    Marine £49.7m (16.3%)
    Rural £26.7m (8.8 %)
    Windsor £6.3m (2.1%)

Fact:

  • 2008/09 property value by estate (% of group total):
    Urban £4.0bn (72.9%)
    Rural £920m (16.7%)
    Marine £409m (7.4%)
    Windsor £166m (3.0%)

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Our Portfolio
16 New Burlington Place

The Crown Estate is worth over £6 billion, encompassing three properties sectors – urban, rural and marine – throughout the UK, giving it a unique diversity.

Over the past ten years we have seen revenue growth of 70.5%, delivering to the Treasury £1.8 billion, and despite the fall in capital values during 2008/09, we have achieved capital growth of 65.9% over the same period.

The estate is run on modern commercial lines but heritage and conservation issues also predominate; The Crown Estate owns over 1,000 listed buildings, 37% of which are Grade 1 (compared with the national average of 2.5%) and there are over 400 Sites of Special Scientific Interest on our rural and marine estates.

The key facts set out here illustrate how the estates, individually and together, contribute to the commercial and cultural life of the nation:

  • £226.5 million in net income surplus – all of our net revenue generated annually is paid to the government for the benefit of the taxpayer.
  • The portfolio is managed actively. Property sales and purchase transactions valued at millions of pounds are made by us every year.
  • Our land and property is let through around 10,000 tenancies across the UK.
  • The urban portfolio represents 73% of our property value (including indirectly held property) and 74% of our gross revenue surplus. It includes shops, offices, retail and business parks, industrial sites and residential properties.
  • We have 1,280 units let on monthly regulated or assured tenancies in London.
  • Almost all of the property in London’s Regent Street and Regent’s Park belongs to The Crown Estate.
  • The marine estate includes more than 55% of the UK’s foreshore, tidal river-beds and almost all of the seabed within the 12 nautical miles limit – including rights to all minerals but excluding hydrocarbons.
  • With 146,000 hectares (360,000 acres) we have one of the largest rural estates in the UK.
  • Windsor Great Park, the only Royal Park owned and managed by ourselves, is enjoyed by around two million visitors every year.
  • Rights to all naturally occurring gold and silver – the Mines Royal – belong to The Crown Estate.