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Our unique set up, established through an Act of Parliament to operate independently and commercially, means that there is nothing else quite like us. About The Crown Estate, including our purpose, strategy, history and leadership. Our purpose is to create lasting and shared prosperity for the nation. It drives our strategy and informs all we do.
The Crown Estate is not the private property of the King. Our assets are hereditary possessions of the Sovereign held ‘in right of the Crown’. This means they belong to the Sovereign for the duration of their reign, but cannot be sold by them, nor do revenues from the assets belong to them. The UK government does not own The Crown Estate ...
18 de jun. de 2021 · This year, the estate auctioned the rights to build offshore wind farms around Wales and England in a deal that could be worth almost £9bn over a decade. The Crown Estate is also pegging ...
The Crown Estate Act 1961 establishes the modern-day company – managed by an independent board with a duty to maintain and enhance the value of the estate. 1964: Seabed ownership extended The Continental Shelf Act extends The Crown Estate’s ownership of the seabed up to 12 nautical miles from the UK’s coast.
The Crown Estate is an independent commercial business, created by an Act of Parliament, with a diverse portfolio of UK buildings, shoreline, seabed, forestry, agriculture and common land. The ...
9 de jun. de 2021 · The Crown Estate made €400 million profit in 2019/20Image: Charlotte Ball/empics/picture alliance. It also makes clear that the British government also does not "own" The Crown Estate, ...
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