FOI release

Duchy of Cornwall Asset Transactions

Updated 2 July 2013

1. Request

Please provide a list of transactions of the Duchy of Cornwall that the Treasury has approved since 31 March 2009. Please use the same format as you have used in the past:

2. Disclosure

An updated list of transactions approved by two Lords Commissioners of HM Treasury under Section 11 of the Duchy of Cornwall Management Act 1863 from July 2009 to the 10 November 2012 can be found below. HM Treasury previously published relevant information on the Duchy of Cornwall transactions in June 2009.

2.1 2009

Purchase of house £600,000

Sale of land for housing £580,000

Sale of land £6,500,000

Surrender payment to tenant £1,485,000

Sale of land £718,750

2.2 2010

Sale of land for housing £863,270

Construction of property £3,300,000

Authority to borrow from Capital account £3,000,000

Plant and equipment £200,000

Property improvement £1,020,000

Surrender payment to tenant £625,000

Surrender payment to tenant £850,000

Sale of land £4,814,250

Sale of land £3,209,860

Sale of land £590,000

Sale of Land & infrastructure work £1,210,000+£100,000

2.3 2011

Sale of property £885,000

Development expenditure  £800,000

Development expenditure  £800,000

Development expenditure  £700,000

Property improvement £185,000 

Photovoltaic installations £2,500,000 

Improvement to dwellings £785,000 

Purchase of property £38,385,500 

Sale of land £1,350,000 

Sale of land  £4,478,212 

2.4 2012

Development expenditure £400,000 

Construction of property  £1,000,000 

Development expenditure £400,000 

Construction of property  £600,000 

Professional fees £600,000 

Construction of property £900,000 

Construction of property £750,000 

Sale of property £629,167 

Sale of land £568,411 

Sale of property  £600,000 

Sale of property £5,451,482 

Surrender payment to tenant  £892,068 

Property improvement  £960,000 

Sale of property  £810,000 

Property improvement  £510,000 

Development expenditure £600,000 

Development expenditure £630,000 

Development expenditure £2,000,000 

Sale of land £8,328,976 

Sale of land £2,530,699