William could put Duchy of Cornwall land on market
PA MediaA fifth of the Duchy of Cornwall could be sold in the next 10 years to help invest £500m into tackling housing and nature crises.
The Prince of Wales is set to consolidate his holdings around five "heartlands" - the Isles of Scilly, Cornwall, Dartmoor, the Bath area and Kennington in south London.
The land earns Prince William, who inherited the portfolio worth more than £1bn when his father became King, nearly £23m a year in private income used to fund the charitable, private and official lives of him, his wife and their children.
Duchy chief executive Will Bax said the prince decided it should not exist just to own land and should "have a positive impact on the world".
'Enable change'
Bax said the prince planned to invest £500m made up from land sales, development income, partnerships and borrowing, into his priorities.
"If we don't see an opportunity for positive impact, then perhaps we don't need to be a part of that place," Bax told The Times, which first reported the story.
"But where there is social need and where there is environmental challenge and where there is an opportunity to enable change, then we'll be a great partner in working with people to achieve that."
In March, concerns were raised by people living on the Bradninch estate near Cullompton, Devon, who said they had been left feeling "enormously stressed" over plans to sell off land.
Bax told The Times all 10 tenants were "engaged in a conversation around buying their farm" and he believes the majority of them would.
