A perspective from our Rural Estates

"Alongside efforts to improve our commercial returns, we implemented initiatives that will contribute to the sustainable production of energy, continued to play a part in maintaining the nation’s food security and reduced the environmental impact of our activities."

Nicholas Dobbs
Head of Grosvenor Family Office & Rural Estates

Read more about our performance in our latest Annual Review or click here for our detailed perspective.

Performance highlights

Our commercial activities are predominantly centred around one of the UK’s leading commercial dairy and arable farms, the management of a rural property portfolio and a timber production venture.

Net profit*



The property activities in the rural estates saw an improved year as the significant prior year impact of Covid began to unwind.

Grosvenor Farms’ underlying  trading performance was broadly flat year-on-year but overall results were down as a result of significant exceptional expenditure developing future projects.

*Based on EBITDA per the most recently approved audited financial statements and excluding central administrative charges.

Gross value



Asset values increased year-on-year both as a result of positive revaluations and the acquisition of a commercially grown forest in mid-Wales.

This acquisition will support the supply of materials for our recently opened sawmill facility on the Eaton Estate, which will produce timber products, both for use in our own properties and for commercial sale externally.

Group 2