Network Rail: Assets

(asked on 27th February 2017) - View Source

Question to the Department for Transport:

To ask Her Majesty’s Government how much money Network Rail has raised to date from the sale of assets announced as part of the Hendy Review.


Answered by
 Portrait
Lord Ahmad of Wimbledon
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 13th March 2017

Network Rail continues the process of identifying what parts of its property portfolio might be suitable for sale.

The strategic disposals completions (net cash after deducting cost of sale) to date total £24.2m.

It is important to note that this is only what has been raised to date. This is an ongoing programme and Network Rail continues to assess the suitability of assets for divestment.

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