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TfL eyes £200m from sale of 13 properties

FUNDING

18 January 2019
 

Transport for London could raise at least £200m by selling 13 freehold properties, including the Broadway Complex above St James’s Park Tube station.

The sales are part of a wider  TfL programme to cut office accommodation costs. 

In 2016 TfL had 37 properties housing 15,000 workstations, with annual operating costs of £83m.

Workstation capacity will have fallen to 12,000 by the end of March through actions such as property disposals, sub-lets, commercial leasing of...

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Hertfordshire County Council
Hertford
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Hertfordshire County Council
Hertford
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