Crown Estate Wales is a part of the Crown Estate, which is a collection of lands and assets owned by the British monarch. It manages a variety of properties and resources in Wales, including coastal areas, forests, and urban developments. The revenue generated from these assets is used to support public services and contribute to the economy. The management of Crown Estate Wales focuses on sustainable development and environmental stewardship. It aims to balance economic growth with the protection of natural resources, ensuring that the land is used responsibly for future generations.