The Crown Estate completes major UK development partnership
The £24 billion joint venture will deliver housing and commercial space across multiple regeneration projects.
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Independent business managing land for the nation
thecrownestate.co.ukLast updated
In short: The Crown Estate reported a record £1.2 billion annual profit driven by offshore wind, while facing scrutiny over executive pay and royal leases.
The £24 billion joint venture will deliver housing and commercial space across multiple regeneration projects.
Operating profit excluding Round 4 fees rose 5% to £370 million. Revenue retained for investment to increase from 27% to 60%.
The review highlights 4.5GW floating offshore wind projects, financial results, and supply chain investments in Wales.
His third four-year term starts 2028-01-01, with unanimous Board support and royal approval following the Prime Minister's recommendation.
The Crown Estate has committed to redirecting the majority of its future investments away from the capital, with approximately two-thirds of spending planned for regions...
Dan Labbad became chief executive of the Crown Estate - managing the monarch's land and property across England and Wales - in 2019.
Lendlease and The Crown Estate have completed an agreement to enter into a £24bn partnership that will oversee a pipeline of 27,500 homes and more...
Britain's offshore wind boom has helped the Crown Estate post a record £1.2 billion profit for the third consecutive year, ...
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