Crown Estates Assets Call

A fresh call has been made for Crown Estate assets in Wales to be devolved to the country, a call backed by Pembrokeshire councillors last year, after it made £210m profit this financial year.

Today, June 26, the Crown Estate published its annual review, also releasing a Wales-specific review, showing that, in 2025-’26 its profits in Wales were £210m, up from £8.7m in 2020-’21.

Plaid Cymru Westminster Leader Liz Saville Roberts said that Plaid Cymru – which has long campaigned for the assets to be devolved – has a “mandate to keep fighting for fairness” with devolving the Crown Estate being a position held by every council in Wales.

The new Plaid Cymru Welsh Government is also pursuing control over natural resources, in line with Scotland, where the Crown Estate was devolved in 2017.

Ms Saville Roberts said that profits from Wales’ natural resources being sent to London is a “striking injustice” and that the next UK Government “must take steps to devolve the Crown Estate to Wales”.

Back in 2025, Pembrokeshire County Council joined other Welsh councils in supporting the Crown Estate assets in the county being devolved to its people.

The Crown Estate owns 65 per cent of Wales’ riverbeds and beaches.

Proceeds from the Crown Estate, which dates to the 17^th century, are split by 25 per cent funding the Royal Family and 75 per cent to the UK Treasury.

Responsibility for the Crown Estate is already devolved to the Scottish Government, which has previously been reported as generating £103.6 million into the public coffers in Scotland in 2023.

A sticking point in Wales is that Westminster has to date been against any change.

A successful notice of motion before Pembrokeshire County Council, by Plaid Cymru councillor Michael Williams said: “We ask PCC to support the proposal for the Crown Estate assets to be devolved to the people of Wales, so that profits can be used to invest in the economy and communities of Wales.

“A poll in 2023 showed that 75 per cent of the population were in favour of taking control of the assets of the Crown estate rather than the profits going to the Treasury and the Crown.

“Local authorities are under huge financial pressure and placing the Crown Estate in the hands of Wales would be a significant step to address the lack of investment in our local government.

“We call upon the Welsh Government to ask Westminster to devolve the assets and revenue of the Crown Estates as a matter of urgency, as was done in Scotland in 2017.

“We demand that Wales is treated fairly and accepts management of the Crown Estate land for the benefit of the people of Wales.”

Councillors have previously heard the Crown Estates derives nearly £60,000 from some 16 leases in Pembrokeshire.

The £59,005 quoted at the time includes £26,600 for foreshore lease agreements, £8,520 for the land around Haverfordwest’s Riverside Market, and £12,800 for a sailing centre and car park at Cosheston Pill near Pembroke Dock.