The Crown Estate income surplus now £210.7 million

The underlying performance of the Queen’s portfolio continues to be strong.

Despite being a net seller of assets over the year, the gross surplus of £246.8 million compares favourably to last year’s £243.2 million.

Activity in the capital markets was reflected by the fact that commercial portfolio outperformed the IPD Quarterly benchmark (IPD Universe) by 2.6 per cent, delivering a total return of 20.4 per cent.

The total value of directly-held property portfolio rose by 8.6 per cent to £6.0 billion (£5.5 billion in 2008/09).

Total capital value rose by 10.4 per cent to £6.6 billion (£6.0 billion in 2008/09).

Over the last ten years, the value of the property portfolio has increased by £2.6 billion.

Over the same period, The Crown Estate has paid a total of £1.9 billion to the Treasury.

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