Wednesday, July 9, 2008

Queen's property empire beats credit crunch to make record profit of £211m

By Nick Allen Last Updated: 5:34PM BST 09/07/2008

The Queen's property portfolio has bucked the credit crunch and made record profits of £211 million.
Turnover for the Windsor estate was up 5.5 per cent to £5.8 million with its value up 1.8 per cent to £173 million.
The Crown Estate's profits rose 5.6 per cent over the last financial year fuelled by a series of canny deals in London.

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