Build Scotland Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
08/07/2009

The Crown Estate Reports On Its Performance In Scotland

Construction News Image
The Crown Estate has announced today a gross surplus for its Scottish estates of £15.5m for the year ending 31 March 2009, compared to £11.4m in the previous year. This represents 6.4% of The Crown Estate's total gross surplus of £243.2m for the UK as a whole.

The surplus goes towards public spending for the benefit of all UK taxpayers.

Revenue in Scotland was £17.6m, compared to £13.9m for the previous year. The property value of The Crown Estate in Scotland fell by 4.0% over the year to £227.5m.

Ian Grant, Chairman and Scottish Commissioner of The Crown Estate, said: "We continue to invest in the long term development of The Crown Estate in Scotland. Last year we invested £5.4m in our marine estate in Scotland and a further £2m in our rural estate. This included improvements to ports and marinas, continuing support for the aquaculture industry and the development of small scale renewable energy programmes in rural areas.

-- Advertisement --
NorthernAsbestosServicesLtd

"Preparing for the development of offshore renewable energy continues to be at the heart of our work in Scotland. We have worked closely with the Scottish Government to ensure that Scotland is well placed to take advantage of the opportunities offered by offshore wind, wave and tidal power."

The success of The Crown Estate's work over the last year has depended on a range of partnerships. The Crown Estate Scottish Liaison Group met three times during 2008/09 providing a forum for The Crown Estate to co-operate with the 22 stakeholder organisations that are members.

The Crown Estate has also strengthened its partnerships with local authorities and enterprise agencies on projects ranging from energy from waste projects to improving facilities for Scotland's marine leisure industry.

"We continue to prioritise long term investment," added Ian Grant. "We have a shared interest with the communities and customers we work with to ensure their future prosperity. This is true of our work on marine renewable energy, aquaculture and is reflected in our support for agriculture and forestry. We recognise too that our stewardship of often fragile marine and rural environments places a duty on us the safeguard these assets for future generations."

(GK/JM)

Latest Construction News

03/05/2024

The Wheatley Group has been given planning permission from Glasgow City Council to convert the 1930s B-listed Bellgrove Hotel into 14 modern, energy-efficient and affordable flats – eight of which will be wheelchair accessible. Permission has also been granted for a further 56 flats to be built on ...
03/05/2024

Renewable energy leader Drax has announced that it will invest £80 million in a major refurbishment of its iconic 'Hollow Mountain' Cruachan pumped storage hydro power station in Scotland. Global hydropower technology supplier ANDRITZ has been appointed as the main contractor for the Cruachan ...
03/05/2024

Clark Contracts has welcomed the news that the former Dalmarnock Purifier Studios, now branded as EastWorks, has been awarded the Refurbished/Recycled workplace award at the prestigious British Council for Offices (BCO) Awards 2024. The 120-year-old former purifier shed, owned by Clyde Gateway, ...
03/05/2024

Stirling Council has launched a public consultation to shape future developments at the Viewforth and Burghmuir Road areas. The new draft framework and planning brief for Viewforth and Burghmuir covers a key area of the city centre that includes the Viewforth site, existing council buildings, ...
03/05/2024

Morrison Community Care (CCG) Holdco has secured planning permission or its latest project in South Queensferry, marking its third consecutive success. Forming part of a wider 44-hectare masterplan that will include 980 new homes, a primary school and commercial premises on Builyon Road, south of ...
03/05/2024

The Highland Council's Economy and Infrastructure Committee have carried out a review of the last two years of the Community Regeneration Funding Programme, ahead of agreeing changes to how the 2024/25 programme will be delivered. Committee Chair, Cllr Ken Gowans said: "Following a successful two ...
03/05/2024

Perth and Kinross Council and partners are set to progress community-led projects aimed at revitalising homes and improving rural transport links, following a winning bid for Innovate UK Pathfinder Places funding. Funding of £150,000 has been secured following a successful Phase 1 Pathfinder ...
03/05/2024

SGN engineers working on the H100 Fife project have helped support the Methilhill Community Children's Initiative (MCCI) by building an eco-toilet in the charity's learning garden. MCCI provides a safe and engaging space for local children to participate in various outdoor activities, including ...
03/05/2024

SNIPEF, the Scottish and Northern Ireland Plumbing Employers' Federation, has published a draft of its 2024 election manifesto detailing six strategic policy proposals designed to support its members and the broader plumbing and heating profession. Once finalised, the manifesto will be central to ...
03/05/2024

The Scottish Environment Protection Agency (SEPA) have published their 2024-25 Annual Operating Plan, detailing how they will protect and improve Scotland's environment over the next 12 months. The publication follows the launch of a new Corporate Plan at the end of March, which set out the ...
RBT Underfloor LimitedMorris & Spottiswood LtdMaterials Market LtdToner Damp Proofing SuppliesNo HydroBurnside Plant Hire LtdKattrak International Hidromek SalesScotdeck LtdThe Big Block Co LtdSafe Access (Highland) Ltd.
Terms and Conditions
2024/05/07 10:53:42