News

headlines and more


Network Rail announces sale of commercial assets

Network Rail announces sale of commercial assets

18 November 2017

Its commercial assets portfolio comprises 5,500 properties - most of which archways - and is the largest provider of small and medium business space in the UK.  Network Rail is selling leaseholds of the properties, retaining the freehold for asset protection purposes.

 

Network Rail and the Government has approved the sale to bring forth income for major investment projects.  The portfolio is not essential to the running of the business.