Network Rail announces office space joint venture

Posted on by Rob Powell

NETWORK Rail has partnered up with a serviced office provider to establish office space at key railway stations.

The joint venture with The Office Group will initially see offices become available at five London train stations.

The first of the “rail hub offices” will be at Paddington where office space for 250 will be available. Network Rail, the owner and operator of the country’s rail infratstructure, will reinvest any profits back into the railway network.

David Biggs, Network Rail’s director of property, said: “We are constantly looking for ways to improve our stations and unlock the potential for commercial revenue that they hold. The network of drop-in office space created through this innovative joint venture will provide a new and convenient service at stations. Passengers are already able to eat, drink and shop at our stations, so it was only logical that we offered them the opportunity to work here too.”

Charlie Green, Co CEO of The Office Group, said: “Opening in mid-2012, this deal has been made with one eye on the busier public transport networks we may see during next year’s 2012 Games. This rail hub office will give employers in Games travel hotspots a place to base their employees during busy periods next summer.”

Since it was formed in 2003, The Office Group has developed a portfolio of 11 businesses centres in London and Bristol.

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