Chief Executive's review

We contributed £329.4 million to the Treasury this year, up 4% from last year on a like for like basis. We are proud to have contributed £2.7 billion to the Treasury over the past ten years.

These results have been delivered by a hard-working and talented team, driven by a clear set of values and a passion for creating brilliant places through conscious commercialism. Our purpose inspires us to deliver strong financial returns, and lead the industry as a responsible and sustainable business.

Our continued outperformance is founded on a clear strategy, disciplined market positioning and excellence in execution. Across the business we have worked in partnership with our customers to build ever-stronger relationships, driving great results.

As we look to the future, our challenge is to continue deliver the innovative and flexible space, services and experiences that will meet the future needs of our customers, as well as the people who live, work and visit our places. We remain focused on embedding our Aspirations 2030; driving super-efficiency, climate resilience, and creating healthy places and habitats.

"This is an important and exciting time. We are investing significantly in our people, pivoting the business to a more customer-centric and services-based model, and ensuring that we are well positioned to meet future challenges and opportunities head on."

Alison Nimmo CBE, Chief Executive