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    <copyright>Copyright 2026</copyright>
    <pubDate>Mon, 08 Jun 2026 19:21:13 +0500</pubDate>
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      <title>Prince William to sell parts of royal estate to reinvest in local communities</title>
      <link>https://english.aaj.tv/news/330459208/prince-william-to-sell-parts-of-royal-estate-to-reinvest-in-local-communities</link>
      <description>&lt;p&gt;&lt;strong&gt;Britain’s Prince William will sell off parts of his vast Duchy of Cornwall estate over the next decade to ​help fund plans to invest more than 500 million ‌pounds ($670 million) in local communities, including affordable housing and environmental projects.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;The sales were reported by the Times newspaper to equate to 20% of the ​estate, which is one of Britain’s biggest landowners with a ​portfolio that includes large swathes of land as well ⁠as commercial and residential properties.&lt;/p&gt;
&lt;p&gt;“The Duchy should exist to make ​a positive impact, particularly in the communities where we can make ​the biggest difference,” said Will Bax, Chief Executive of the Duchy of Cornwall.&lt;/p&gt;
&lt;p&gt;“That ambition requires significant investment and, in some cases, means rebalancing what we ​own to be as impactful as possible to our ​communities, now and in the future.”&lt;/p&gt;
&lt;p&gt;Bax said the money would be “largely funded by ‌reinvesting ⁠capital from across the Duchy, alongside development income, partnerships and some borrowing.”&lt;/p&gt;
&lt;p&gt;William, who received a private income of more than 20 million pounds from the Duchy last year, and his father King ​Charles, have in ​recent years faced ⁠criticism over the way their estates have been managed.&lt;/p&gt;
&lt;p&gt;Aides say William has been looking closely ​at the management of the Duchy since inheriting it ​in 2022.&lt;/p&gt;
&lt;p&gt;In ⁠2024, a Sunday Times report and separate TV documentary accused Charles and his heir William of making millions from the country’s health ⁠service, ​army and schools from charges imposed by ​their respective estates.&lt;/p&gt;
&lt;p&gt;The Duchy subsequently reduced rents significantly for several charity and ​community tenants.&lt;/p&gt;
&lt;h3&gt;&lt;a id="" href="#" class="heading-permalink" aria-hidden="true" title="Permalink"&gt;&lt;/a&gt;&lt;/h3&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>Britain’s Prince William will sell off parts of his vast Duchy of Cornwall estate over the next decade to ​help fund plans to invest more than 500 million ‌pounds ($670 million) in local communities, including affordable housing and environmental projects.</strong></p>
<p>The sales were reported by the Times newspaper to equate to 20% of the ​estate, which is one of Britain’s biggest landowners with a ​portfolio that includes large swathes of land as well ⁠as commercial and residential properties.</p>
<p>“The Duchy should exist to make ​a positive impact, particularly in the communities where we can make ​the biggest difference,” said Will Bax, Chief Executive of the Duchy of Cornwall.</p>
<p>“That ambition requires significant investment and, in some cases, means rebalancing what we ​own to be as impactful as possible to our ​communities, now and in the future.”</p>
<p>Bax said the money would be “largely funded by ‌reinvesting ⁠capital from across the Duchy, alongside development income, partnerships and some borrowing.”</p>
<p>William, who received a private income of more than 20 million pounds from the Duchy last year, and his father King ​Charles, have in ​recent years faced ⁠criticism over the way their estates have been managed.</p>
<p>Aides say William has been looking closely ​at the management of the Duchy since inheriting it ​in 2022.</p>
<p>In ⁠2024, a Sunday Times report and separate TV documentary accused Charles and his heir William of making millions from the country’s health ⁠service, ​army and schools from charges imposed by ​their respective estates.</p>
<p>The Duchy subsequently reduced rents significantly for several charity and ​community tenants.</p>
<h3><a id="" href="#" class="heading-permalink" aria-hidden="true" title="Permalink"></a></h3>
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      <category>World</category>
      <guid>https://english.aaj.tv/news/330459208</guid>
      <pubDate>Tue, 19 May 2026 13:09:30 +0500</pubDate>
      <author>none@none.com (Reuters)</author>
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        <media:title>Soccer Football - FA Cup - Final - Chelsea v Manchester City - Wembley Stadium, London, Britain. -- Reuters</media:title>
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