CROWN ESTATE FACTS

The Crown Estate provides leases for fish farms and works to develop the aquaculture industry. It has invested £1 million in Scottish aquaculture R&D over the last five years.

Working on a commercial basis, it ensures its assets are managed effectively while maintaining strong links with local communities and investing in stewardship and educational activities to maintain the value

of the estate. The Crown Estate manages

a diverse £9.9 billion portfolio across the UK and pays all revenue profit to the UK government at present. In 2013/14, this

totalled £267.1 million.

The organisation has

offices in London, Edinburgh, Glenlivet and Lockerbie and works with Scottish

government, Scottish parliament, local authorities, communities and businesses in sectors

such as offshore renewables, tourism and aquaculture. In Scotland, the Crown Estate comprises: the Energy and Infrastructure portfolio, including management of the seabed out to 12 nautical miles and the rights to renewable energy on the UK continental shelf; the Rural and Coastal portfolio; and approximately half the foreshore, where it manages around 850 aquaculture sites and licenses 5,000 moorings.

It also encompasses 37,000 hectares

including the Glenlivet, Fochabers,

Applegirth and Whitehill estates, with agricultural tenancies, residential properties and forestry; and the urban estate, which includes retail property in

Edinburgh.