The Crown Estate is one of the nation's most diverse property businesses encompassing urban, rural and marine assets. We are an independent commercial business, created by an Act of Parliament. Our role is to make sure that the land and property we invest in and manage are sustainably worked, developed and enjoyed to deliver the best value over the long term. We are above all a commercial organisation, tasked by Parliament with enhancing the value of the £9.4 billion property portfolio we manage and generating a profit for the benefit of the nation. We work to a clear investment strategy, concluding hundreds of millions of property transactions every year, also delivering some of the most ambitious redevelopment schemes in the heart of London. This is why we continue our strategy of placemaking across Regent Street and in St James's, as well as nationally across our Regional retail portfolio – helping drive footfall and awareness of our core assets as visitor destinations.