04 Jul 2023
Crown Estate makes record £442.6 million profit, thanks to offshore wind
Profits from the British monarchy’s multibillion-pound legacy portfolio of land and property holdings have surged 42 per cent. The Crown Estate, which owns the seabed surrounding Wales, Northern Ireland and England up to 12 nautical miles, announced record £442.6 million net revenue profit, £129.9 million higher than last year. This increase primarily reflects option fee […]