Super-prime properties performed really well for the owner of Regent Street (and promote of Regent's Quadrant 3 Scheme in which £300m was invested) as the value of the Crown Estate's property portfolio surged to £8bn for the first time. Net profit was up 4% from the previous year and the Treasury (by which, of course, one refers to Her Majesty's Treasury) gave a sign of glee. The Crown's Marine Estate that owns most of the UK coastline also profited from investment in wind farms (generating 1.5% of the UK's electricity!!!).
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