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Annual Report 2024/25

At The Crown Estate we are dedicated to working towards a better future, managing land, property and the seabed for the benefit of the nation today, and for future generations. 

In 2024/25 The Crown Estate generated a net revenue profit of £1.1 billion for the UK. This temporary significant uplift in profits is driven by the short-term option fees from Offshore Wind Leasing Round 4. This means that over the last 10 years we have delivered £5bn for spending on vital public services. We have secured new borrowing and investment powers through the Crown Estate Act 2025 and established key partnerships to allow us to go even further in addressing national needs.

Download our Annual Report

You can find out more about what we’ve achieved and our ambitions for the future in this video from our CEO, Dan Labbad. 

Our impact so far

Learn more in our Annual Report

    • Net zero carbon and energy security

      • 12GW

        of clean power generated through offshore wind

      • 20%

        reduction in energy across our real estate portfolio compared to our 2021/22 baseline

    • Nature recovery and biodiversity

      • 700

        acres of new woodland has been planted to date

      • 15,000

        acres of farm land leased under sustainable tenancy agreements

    • Inclusive communities and economic growth

      • £5m

        awarded of our £50m Supply Chain Accelerator fund

      • 1,000

        children will visit our farms by the end of the year

    Our Annual Report 2024/25 shows how we have been putting our strategy into action. We are continuing to help deliver energy security and net zero, protect and restore nature, and support communities and economic growth throughout the UK, whilst generating financial return for the nation.

    The Crown Estate has a unique remit and resources that gives us a real opportunity to make a meaningful difference for future generations.

    Our commitment to our nation's future

    • 50GW

      Potential pipeline of offshore wind capacity

    • 56,000

      Potential new homes

    • £20 million

      Rural Environment Fund to support farmers with nature recovery

    Our stories

    Find out more on how we're delivering on our strategy, with projects that have a positive impact on nature, climate and people. Hear from our teams and our partners as to how we're making a difference for our nation's future. 

    • Inspiring the Next Generation of Offshore Wind Workers in Wales

      Minecraft

    • Restoring Nature at Windsor Great Park

      The Windsor Estate

    • Supporting Skills for Offshore Wind

      Offshore Wind

    • Shell to Shore

      Marine

    • Adventure Play at Windsor Great Park

      The Windsor Estate

    Delivering our strategy

    Read our short blogs for more stories of impact from our annual report including our work with partners and local communities, from our cities to the seabed. 

    2024/25 Report and supplementary documents