The Prince of Wales is actively involved in running the Duchy of Cornwall.
In accordance with His Royal Highness’ directions, the overall management approach for the Duchy seeks to achieve a balance over the long term between the Duchy’s commercial objectives and its environmental and social responsibilities. This ensures that not only are current requirements met but that the interests of future Dukes of Cornwall and of those people who will live in, earn their living from or simply enjoy Duchy property are also given due weighting. This approach reflects the fundamental belief that, by working in sympathy with the environment and in partnership with tenants and local communities, the Duchy will continue to fulfil its primary function in the future.
The Duchy’s long-term property investment strategy is to own, manage and, wherever possible, improve its balanced portfolio of high quality property.
The landed estate comprises primarily agricultural, commercial and residential property, in addition to which the Duchy has a portfolio of quoted investments and authorised unit trusts. The majority of the properties are in the rural portfolio and are mainly located in the South-West of England. The larger estates include a mixture of agricultural, residential and other properties. In addition to the rural portfolio, the Duchy has a small urban residential property portfolio, a commercial property portfolio, and an investment portfolio.
