Powers over the revenue and management of Crown Estate resources in Scotland have been transferred to the Scottish Government, with Ministers now controlling over thousands of hectares of rural land, approximately half Scotland’s foreshore and leasing the seabed for rights to renewable energy.
New body Crown Estate Scotland (Interim Management) will ensure continuity, while ministers finalise a long term strategy that will include opportunities to place local communities at the heart of the new arrangements for managing assets, which in total were worth £271.8 million in 2015-16 and generated a gross annual revenue of £14 million.
Land Reform Secretary Roseanna Cunningham, MSP, said: “This is a historic day. The management and resources of the Crown Estate now rest with the people of Scotland and we have a genuine, once in a lifetime opportunity to use them to change the fabric of Scottish society, placing the needs of local and coastal communities at the centre of our long term planning for these considerable assets.”
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