Newton Retained to Manage Financial Portfolio
Newton Retained to Manage Financial Portfolio
Newton Investment Management has been reappointed to manage the Duchy of Lancaster’s financial portfolio for a further 3 years, following a full re-tender process. The firm, which is the headquartered in London, is the global investment management subsidiary of investment bank BNY Mellon and provides a broad range of services to institutional investors, charities and corporations […]
Signature Farm Snapped Up By Elveden Farms
The Duchy of Lancaster has purchased Mallard Hearn Farm, Donington, bringing the total acreage owned by the Duchy in Lincolnshire to 2,580. The land holding and buildings have now been combined with neighbouring Park Farm to create a holding on the eastern estate which will be one of the most productive in the Duchy’s portfolio. […]
Lancaster Approves Growth Plans for the Castle
The Duchy of Lancaster has secured planning consent for the next phase of restoration work at Lancaster Castle. Plans and drawings submitted at the start of the summer illustrated ways in which the former prison kitchen yard could be opened up to reveal further historic buildings currently hidden from view. These would include the King’s […]
‘Gravity’ Pulls Duchy South
The Duchy of Lancaster has acquired a portfolio of commercial buildings which significantly increases its presence across the South of England. The ‘Gravity’ portfolio, which comprises four distribution warehouses (Basingstoke, Harlow, Redditch, Alcester) and one industrial estate (Swindon), was acquired for £34.25m. The acquisition will generate a net income of £2.37m in year one and […]
Six of the best for Christmas
The refurbishment of six of the Duchy’s rural residential properties to incorporate the Duchy Design Guide has been completed this month and all properties are let and will be occupied in time for Christmas. A mix of traditional cottages, period farmhouses and family residences, Park and Apple Tree Cottages, Brakenhurst Farm, Cloughton Fields and Root […]