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973221

registered interest
date	13/09/2018
answering body	Department for Transport
answering dept id	27
answering dept short name	Transport
answering dept sort name	Transport
hansard heading	Network Rail: Property
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Transport, what estimate has been made of the potential annual savings that will accrue to Network Rail after the sale of its property portfolio to Telereal Trillium and Blackstone Property Partners.
tabling member constituency	Kilmarnock and Loudoun
tabling member printed	Alan Brown
uin	174778
answer	answer is ministerial correction date of answer 15/10/2018 answer text <p>Network Rail will save circa £18.1million annually, in operational costs of the Commercial Estate business.</p> answering member constituency Orpington answering member printed Joseph Johnson question first answered 15/10/2018 10:39:27 answering member 4039 label Biography information for Lord Johnson of Marylebone
tabling member	4470 label Biography information for Alan Brown

973266

registered interest
date	13/09/2018
answering body	Department for Transport
answering dept id	27
answering dept short name	Transport
answering dept sort name	Transport
hansard heading	Network Rail: Property
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Transport, what the annual rental income was in each financial year since 2010-11 for the Network Rail properties due to be sold to Telereal Trillium and Blackstone Property Partners.
tabling member constituency	Kilmarnock and Loudoun
tabling member printed	Alan Brown
uin	174782
answer	answer is ministerial correction date of answer 15/10/2018 answer text <p>We do not hold the data in the format requested for 2010/11, 2011/12, 2012/13, 2013/14, 2014/15. The below table details the income for the Commercial Estate business that Network Rail have exchanged contracts on, for the last 3 years.</p><p> </p><table><tbody><tr><td colspan="3"><p><strong>Year</strong></p></td></tr><tr><td><p> </p></td><td><p><strong>15/16</strong></p></td><td><p><strong>16/17</strong></p></td><td><p><strong>17/18</strong></p></td></tr><tr><td><p>Property Rental income (£k)</p></td><td><p>68,531</p></td><td><p>73,058</p></td><td><p>80,853</p></td></tr><tr><td><p>Other Income</p></td><td><p>620</p></td><td><p>486</p></td><td><p>407</p></td></tr><tr><td><p><strong>Total Income</strong></p></td><td><p><strong>69,151</strong></p></td><td><p><strong>73,544</strong></p></td><td><p><strong>81,260</strong></p></td></tr></tbody></table><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p> answering member constituency Orpington answering member printed Joseph Johnson question first answered 15/10/2018 14:12:29 answering member 4039 label Biography information for Lord Johnson of Marylebone
tabling member	4470 label Biography information for Alan Brown