There is no organisation in the world quite like The Crown Estate.
With a property portfolio encompassing many of the UK’s cityscapes, ancient forests, farms, parkland, coastline and communities, The Crown Estate’s role as employer, influencer, manager, guardian, facilitator and revenue creator is unique.
The working relationship between The Crown Estate and the Treasury is described in a framework document which is updated annually or as occasion requires.
The Treasury and The Crown Estate PDF (115 KB)
We have two main objectives: to benefit the taxpayer by paying the revenue from our assets directly to the Treasury; and to enhance the value of the estate and the income it generates.
Our portfolio has a total capital value of £7.3 billion, demanding the utmost in professionalism and efficiency from our staff and management to create added value for everyone – the people, businesses and communities who deal with us, and the nation as a whole.
Our estate is part of the fabric of Britain - from beef farms in the north of Scotland to Portland stone mining in Dorset, from offices in the West End of London to retail parks in the West Country, from farms in the heart of the country to seabed extending out from the coast. Highlights include:
- agricultural estates of approximately 106,000 hectares (263,000 acres) which are made up of 780 tenancies across 450 principal farm holdings
- extensive marine assets throughout the UK, including over half of the foreshore and all the seabed out to the 12 nautical miles limit
We have entered into a memorandum of understanding with the Marine Management Organisation (MMO) to provide a framework for co-operation between our two organisations. The MMO was established to make a significant contribution to sustainable development in the marine area and to promote the UK government’s vision for clean, healthy, safe, productive and biologically diverse oceans and seas.
A copy of the memorandum can be downloaded via following the link:
Memorandum of understanding with MMO PDF (1.6 MB)
The role of The Crown Estate has never been more important than it is today.
While preserving the heritage for which we care is a vital priority, the way in which we fulfil this important responsibility is driven by the best and most advanced business practices available to us.
These extend to enhancing the skills of our people, to working in partnership with others to enable and nurture productive commercial opportunities, to protecting vulnerable environments, contributing to communities and enabling social integration – all delivered through a lean, efficient organisation that’s determined to maximise the value of the services it delivers.
Our activities are supported by our core values of commercialism, integrity and stewardship, which inform the way we behave and the actions we take to fulfil our responsibilities.