.
6/26/13, "Queen's income set to rise for second year running," BBC
"Because it owns and manages the seabed around the UK out to the
12-mile limit, the Crown Estate is heavily involved in offshore wind
farms, where it saw an extra 1GW of power come on
stream, with around
300 new turbines erected offshore.
The Crown Estate also made £13.1m from cables and pipelines that cross its land.
As part of its overall property portfolio, it also owns the
foreshore of almost half of the UK's coastline, although much of it is
leased out to third parties.
It holds around 144,000 hectares (356,000 acres) of the
country's agricultural land and forests, as well as residential and
commercial property outside urban areas."
============================
6/26/13, "Queen scores record profit from booming London property," Reuters
"Crown Estate -
owned by Queen Elizabeth - on Thursday said it made record profit in the
year to March, thanks to the strong performance of its central London
properties.
Crown Estate's 5.2 percent rise
in profits to 252.6 million pounds gives the queen a 38 million pounds
2014/15 payout, pegged at 15 percent of the total by a 2012 law designed
to link her income to the UK's economic health....
Owner
of wind farms and most of Britain's sea bed along with its Regent Street properties, the company has outperformed the wider economy due to strong overseas interest in London property and the UK's growing reliance on green energy....
The Queen - whose payout
rose 20 percent to 36 million this year - was previously paid by
taxpayers through an allowance set by parliament and other government
grants....
In May, it signed a 320 million pound
deal with Oxford Properties, owned by one of Canada's largest pension
funds, to redevelop London's upmarket St James's Market district."...
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