Network Rail regulation and performance


Network Rail confirms year’s largest property sale

Network Rail has pocketed £35m from the sell-off of its National Logistics Centre in Ryton – representing the organisation’s largest-value property sale this year.

The deal is part of NR plans to sell off infrastructure in order to raise extra funds, as well as release underused land for housing developments.

External analysis suggested that the site could be phased out of the national railway system with the introduction of a new inventory order and delivery system over the next few years. As part of the deal, the site will be leased back to Network Rail for the next 15 years while changes take place.

“Network Rail has decided to raise funds from asset disposals to support our ongoing rail enhancement programme,” commented Network Rail Property managing director, David Biggs.

“Investment is crucial to improving the railway in Britain. Improvements lead to longer, faster, more frequent trains; a better, more reliable infrastructure; and better facilities for passengers, especially at stations.

“The sale of the National Logistics Centre in Ryton is part of this plan to build a bigger, better and more reliable railway which benefits all rail users, and delivers the best value for money for taxpayers.”

The announcement forms part of the infrastructure owner’s plans to sell its assets in order to generate extra funding and plug existing cash gaps.

The organisation has also been considering selling off its electrical power networks and even some of its 18 major stations, potentially including London Waterloo, Manchester Piccadilly, Birmingham New Street and Edinburgh Waverly – although not much has been said on these proposals since last year.

These efficiency drives are fuelled by fears that the UK’s infrastructure manager could be in as much as £50bn of debt by the end of the decade.

Have you got a story to tell? Would you like to become an RTM columnist? If so, click here.


Tarka Man   20/10/2017 at 13:23

If TOC's paid the true price for track access Network Rail would not be in debt by so much; but then no one would bid for non profit making franchises. So funds that could support the infrastructure go to pay profits for other state governments...the system is mad :(

Ampox   20/10/2017 at 13:31

Need to make sure that careless sell-offs do not compromise future expansion needs - rail is a growing industry!

Jerry Alderson   22/10/2017 at 20:01

Greater Anglia were well and truly 'upset' that Network Rail had sold off so much of Chesterton Sidings, next to the new Cambridge North station, as they would have stabled trains there overnight. Passengers might have got a better service as well. However, it's not all bad news as the land will be used for a hotel right next to the station (just as they have done at Cambridge), along with apartments and offices, so that will attract a lot of rail users and make the new station well used. When a land sale allows patronage on the railway to grow then I am not generally concerned by it.

Andrew Gwilt   23/10/2017 at 12:26

What about the brand new £70million 50-acre brownfield site is where the new Network Rail Derby Triangle development is likely to take place or to be built in Derby in the East Midlands that will create about 3,300 new jobs in Derby and across the East Midlands and beyond.

Andrew JG   24/10/2017 at 01:01

That new National Logistics Centre is on the outskirts of Coventry. Which is good for new jobs to be created in the West Midlands. Aswell for Warwickshire and nearby towns and neighbouring counties.

Burtocf   14/11/2017 at 17:55

Re Tarka Man: trouble with increased Track Access Charges they take no account of Netw.R's efficiency or otherwise, and would be inflationary which politicians would especially hate. But cash certainly needs to found from somewhere if only to undertake vital maintenance, crucial to a reliable timetable.

Add your comment


rail technology magazine tv

more videos >

latest rail news

Tram passengers demand better value for money from services

21/03/2018Tram passengers demand better value for money from services

  Satisfaction with value for money for tram passengers has dropped slightly, the latest Tram Passenger Survey h... more >
West of England to get £9.45bn economic boost from new rail partnership plan

21/03/2018West of England to get £9.45bn economic boost from new rail partnership plan

Rail companies across the west of England have set out a long-term plan for the region’s railway, which will boost t... more >
First Virgin Azuma trains arrive in UK after two-month journey from Japan

21/03/2018First Virgin Azuma trains arrive in UK after two-month journey from Japan

Two brand new Hitachi trains completed their two month journey from Japan yesterday, arriving at Teesport, Middlesborough.... more >

editor's comment

23/01/2018Out with the old...

Despite a few disappointing policy announcements, especially for the electrification aficionados amongst us, 2017 was, like Darren Caplan writes on page 20, a year generally marked by positive news for the rail industry. We polished off the iconic Ordsall Chord (p32), hit some solid milestones on Thameslink (p40), progressed on ambitious rolling stock orders (p16), and finally started moving forward on HS2 (p14) ‒ paving the way for a New Ye... read more >

last word

Encouraging youngsters to be safe on the railway

Encouraging youngsters to be safe on the railway

This summer, Arriva Group's CrossCountry and the Scout Association joined to launch a new partnership to promote rail safety among young people. Chris Leech MBE, business community manager at the TOC, gives RTM an update on the innovative scheme. Recognising that young people are more likely to take a risk trespassing on railway tracks, C... more > more last word articles >

'the sleepers' daily blog

How biometrics can help improve health and safety measures on railway construction projects

20/03/2018How biometrics can help improve health and safety measures on railway construction projects

In this article biometric identity, time and attendance specialists Donseed look at how biometric technology is already starting to enhance health and safety measures on railway construction projects. Advances in technology are starting to transform the way in which the rail network in the UK is managed, operated and maintained. There is ... more >
read more blog posts from 'the sleeper' >


Smart Ticketing: The way ahead

13/03/2018Smart Ticketing: The way ahead

Jacqueline Starr, managing director of customer experience at the Rail Delivery Group (RDG), runs through the nationwide progress in rolling out ... more >
A benchmark year for HS2

13/03/2018A benchmark year for HS2

Jim Crawford, managing director of Phase 1 at HS2 Ltd, discusses the many critical activities set to take place this year as the mammoth high-spe... more >
The North has a plan

13/03/2018The North has a plan

There has always been an incredible thirst for change in the north. Now, there is finally a plan robust and forward-thinking enough to make it ha... more >
EWR: Getting it right

13/03/2018EWR: Getting it right

Peter Austin, delivery director at East West Rail Company (EWRco), argues that completing the link between Oxford and Cambridge as quickly as pos... more >

rail industry focus

  • 08/12/2017A game changer for Midland Metro

    The West Midlands Combined Authority (WMCA) updates RTM’s Luana Salles on the latest projects taking place across the growing Midland Metro...
  • 09/11/2017Testing tomorrow's technology today

    David Brazier, site manager and area sales manager for the UK & Ireland at OMICRON electronics, tells RTM’s Luana Salles about the major...
  • 09/11/2017What next for safety?

    As rail businesses edge towards their target of zero injuries, improving safety performance can plateau. Amey’s sector director for rail, Lee...
View all News


Transforming travel in the north west

06/02/2018Transforming travel in the north west

RTM’s Josh Mines talks to Robin Davis, head of new trains at TransPennine Express (TPE), about the huge rolling stock change journey the co... more >