Crown Estate posts record profit
Return on the estate’s £8.1bn portfolio, which includes Regent Street and Windsor Great Park, was 11.3%, comfortably outperforming the property industry benchmark
The Crown Estate, owner of Regent Street, Windsor Great Park and manager of the UK’s coastal waters, has announced a record profit of £253m.
Profits were up 5.2% on last year, a welcome boost for the public accounts, as all Crown Estate profits flow into Treasury coffers.