London Underground has confirmed the shortlist of bidders to run and manage the tube network’s £2bn non-operational property portfolio.
The six shortlisted bidders are:
- Trillium and Land Securities
- Hammerson, Ove Arup & Partners and CB Hillier Parker
- Stanhope, Legal & General Property, Rotch Property and Premisys Group
- Pillar Properties and Berkeley
- Helical Bar and Nelson Bakewell
- Chelsfield
The next round of bidding will close in July this year. The London Underground Property Partnership will run for 20 years and is intended to accelerate station refurbishments and related development.
EGi News 10/04/00