The Duchy of Lancaster has today published its financial results for the year ended 31st March 2025. During the year:
Alastair Martin CVO, CEO and Clerk of the Duchy Council, said: “This year the Duchy has made significant progress towards its objectives of generating appropriate revenue for the Privy Purse whilst managing the estate in a progressive and sustainable manner. We remain focussed on exemplary stewardship of this important and historic estate.”
“Our commitment to long-term management encompasses sustainable stewardship of our properties and lands, with a focus on enhancing both environmental performance and social value. We invest strategically to improve the quality and sustainability of our assets whilst creating lasting benefits for our tenants and local communities.”
“We continue to invest in our portfolio to improve energy efficiency, benefitting both the environment and our tenants. At the same time, we are investing in rural buildings across the estate to improve housing and create employment opportunities. We remain committed to restoring and preserving our heritage assets and supporting our local communities through our charitable donations.”
The Duchy of Lancaster is a historic portfolio of land and assets held in trust for the reigning Sovereign. It provides the Monarch with a source of income that is independent of Government and the public purse.
To view/download a copy of the Annual Report and Accounts for the year ended 31st March 2025, please click here or visit the Financial Reporting page on our website (www.duchyoflancaster.co.uk).