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**erepsysoulpfbs** · 06-02-2009, 08:04 PM

Crown Estate
From Wikipedia, the free encyclopedia

In the United Kingdom, the Crown Estate is a property portfolio owned by the Crown. Historically the possession of monarchs, it is now not the private property of the reigning monarch and cannot be sold by him/her, nor do the revenues from it belong to the monarch personally. It is managed by an independent organisation and headed by the Crown Estate Commissioners. The surplus revenue from the Estate is paid each year to HM Treasury. The Crown Estate is formally accountable to parliament, to which it makes an annual report.
The Crown Estate is one of the largest property owners in the United Kingdom with a portfolio worth over £7.33 billion, with urban properties valued at £5.38 billion, and rural holdings valued at £903 million; and an annual profit of £211 million, thus yielding 2.88% as of July 2008. The majority of the estate by value is urban, including a large number of properties in central London, but the estate also owns 272,000 acres (110,000 ha) of agricultural land and forest, more than 55% of the UK's foreshore, and retains various other traditional holdings and rights, for example Ascot racecourse and Windsor Great Park.

06-02-2009, 08:04 PM	#11
erepsysoulpfbs Join Date Oct 2005 Posts 455 Senior Member	Crown Estate From Wikipedia, the free encyclopedia In the United Kingdom, the Crown Estate is a property portfolio owned by the Crown. Historically the possession of monarchs, it is now not the private property of the reigning monarch and cannot be sold by him/her, nor do the revenues from it belong to the monarch personally. It is managed by an independent organisation and headed by the Crown Estate Commissioners. The surplus revenue from the Estate is paid each year to HM Treasury. The Crown Estate is formally accountable to parliament, to which it makes an annual report. The Crown Estate is one of the largest property owners in the United Kingdom with a portfolio worth over £7.33 billion, with urban properties valued at £5.38 billion, and rural holdings valued at £903 million; and an annual profit of £211 million, thus yielding 2.88% as of July 2008. The majority of the estate by value is urban, including a large number of properties in central London, but the estate also owns 272,000 acres (110,000 ha) of agricultural land and forest, more than 55% of the UK's foreshore, and retains various other traditional holdings and rights, for example Ascot racecourse and Windsor Great Park.
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