//
According to the Daily Telegraph, the Prince of Wales has appointed Ian Henderson, the former chief executive of Land Securities, to chair the fund which is called Tellesma.
One-third of the fund will be owned by The Price's Charities, a group of 19 charitable organisations which includes the Princes Trust. The rest will be owned by other investors.
Tellesma will focus on brownfield sites and commercial property developments and put into practise the Prince's belief that work, residential and recreational space should be combined.
Most of the Prince's life and work is funded by the Duchy of Cornwall estate which was originally founded in 1337 by Edward 111, according to his official website. The estate consists of more than 54,000 hectares of land.
Become an independent investor with the help of Knowledge to Action.
