The Crown Estate has committed to redirecting the majority of its future investments away from the capital, with approximately two-thirds of spending planned for regions beyond London and the south-east over the coming two decades.Senior figures at the £16.7billion property and land portfolio, which formally belongs to King Charles but operates as an independent commercial enterprise generating revenue for the Treasury, revealed their strategy to MPs on the Commons public accounts committee last week.The organisation intends to deploy fresh investment and borrowing capabilities granted through the Crown Estate Act 2025 to back substantial housing construction, life sciences facilities, technology hubs and commercial projects across England, Wales and Northern Ireland.Helen Price, the estate’s chief financial officer, acknowledged that three-quarters of the property holdings are currently situated in London and the surrounding region. The Crown Estate has committed to redirecting the majority of its future investments away from the capital, with approximately two-thirds of spending planned for regions beyond London and the south-east over the coming two decades | GETTYAssets include Regent Street, various West End properties and the Windsor estate in Berkshire.”Over the course of the next 10 to 20 years we are looking to invest across England, Wales, and Northern Ireland,” Ms Price told MPs.”Clearly, we will be investing in London – we have a significant portfolio there that needs redevelopment – but we will look to invest, for example, around two-thirds of our upcoming investment outside of London. Over time we are looking to rebalance the shape of our portfolio.”These rebalancing plans build upon a £24billion partnership announced earlier this month with Australian property and infrastructure firm Lendlease, which will deliver thousands of homes alongside science, innovation and commercial developments in London and Birmingham.Crown Estate assets include Regent Street, various West End properties and the Windsor estate in Berkshire | PAChief executive Dan Labbad indicated the Lendlease collaboration could expand beyond Birmingham, with scope to bring in additional partners.The estate has identified £40billion worth of property development opportunities in its pipeline, though Mr Labbad acknowledged external support would be essential to fund such ambitions.”There is no way the Crown Estate can deliver it under traditional means. So we will be looking for more partners,” he told the committee.The estate recorded operating profits of £1.2billion last month, with £875million of that sum coming from option fees paid by wind farm developers seeking to secure seabed locations.This offshore wind revenue stream has driven significant income growth in recent years, with further seabed areas set to be auctioned tomorrow.The Crown Estate controls the seabed and substantial portions of coastline surrounding England, Wales and Northern Ireland, though Scottish assets and revenues have been transferred to devolved control.The organisation’s profits serve as the benchmark for calculating the sovereign grant, which determines how much public money the King receives annually.