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Network Rail to sell property portfolio

Published: 17/08/2018 By Martin Armstrong

Although it has been in the public domain for some time, the sale of Network Rail’s property portfolio appears imminent. The portfolio comprises circa 5,500 properties across England of which 4,455 are converted railway arches. Of these circa 50% are situated in London.

There are a number of suitors and it is anticipated that any purchaser will look to increase rents significantly. This will obviously have a significant and potentially detrimental impact on the largely small businesses, such as garages repair shops, hairdressers, gyms and breweries which operate from these premises.

Read the corresponding article here