Show Menu

A private estate established in 1337 which funds the public, charitable and private activities of the Prince of Wales and his family.

Duchy of Cornwall acquires new property

Picture of site

The Duchy of Cornwall is pleased to announce the acquisition of a new property in Milton Keynes. The purchase of a 117, 000 square foot store, situated on Patriot Drive in Rooksley, was completed on Thursday 13th August 2015. The store is let to B&Q.

The property is valued at £35million and follows the purchase of a distribution unit in nearby Brinklow in 2011. Both acquisitions reflect the Duchy's strategy to improve the balance within its overall property portfolio.

Including the new acquisition in Milton Keynes, the Duchy now owns 14 significant commercial properties held as standard investments but the majority of the estate consists of agricultural holdings, residential lettings and development sites such as Poundbury in Dorchester.

Writing for the Duchy's Annual Report this year, Secretary and Keeper of the Records, Alastair Martin said: "Over the next few years the Duchy aims to increase the revenue surplus at least in line with inflation. Given the economic difficulties facing the agricultural sector and the continuing need for forward-funded infrastructure at the Duchy’s key development sites, meeting this target will be challenging. Further diversification within the portfolio will be sought where possible to underpin revenue growth."

Discover more

Communities Secretary James Brokenshire visits Nansledan

Communities Secretary James Brokenshire visits Nansledan

Communities Secretary James Brokenshire MP has visited the Duchy of Cornwall’s Nansledan development in Newquay to learn more about how it is helping to create a thriving community.

Read more
Poundbury features on Channel 4’s Phil Spencer: History of Britain in 100 Homes

Poundbury features on Channel 4’s Phil Spencer: History of Britain in 100 Homes

Poundbury was featured on Channel 4’s Phil Spencer: History of Britain in 100 Homes programme.

Read more
Natural Capitals

Natural Capitals

Following a successful pilot phase in 2017 , The Duchy of Cornwall has launched a major new project to understand and enhance the value of natural capital across our rural estate.

Read more