List view / Grid view

Graham Edwards

 

news

Network Rail agrees £1.46bn commercial estate sale to help fund railway upgrade plan

Network Rail has agreed terms with Telereal Trillium and Blackstone…

11 September 2018 | By

Network Rail has agreed terms with Telereal Trillium and Blackstone Property Partners for the sale of its commercial estate portfolio. Proceeds from the £1.46 billion transaction will help fund the large-scale railway upgrade plan, bringing major improvements for passengers and reducing the need for taxpayers to fund the railway.