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Prince William to sell parts of royal estate to reinvest in local communities
LONDON: Britain’s Prince William will sell off parts of his vast Duchy of Cornwall estate over the next decade to help fund plans to invest more than 500 million pounds ($670 million) in local communities, including affordable housing and environmental projects. The sales were reported by the Times newspaper to equate to 20 percent of the estate which is one of Britain’s biggest landowners with a portfolio that includes large swathes of land as well as commercial and residential properties.
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independent.co.uk
Prince of Wales to raise £500m by selling 20% of private land and property portfolio
The duchy provides William, who is the 25th Duke of Cornwall, with a private income of nearly £23 million a year
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Prince William to sell off large swathes of Cornwall
The duchy provides William, who is the 25th Duke of Cornwall, with a private income of nearly £23 million a year
