Network Rail is exploring new models for the management and ownership of its 18 managed stations with the goal of bringing improvements for both passengers and the communities they serve. They have engaged Citigroup as advisors to consider a range of potential options. No decisions have yet been taken and no estimate of the potential value of these stations has been made as part of this work. Citigroup were appointed following a competitive tender process, and the details of their fee are commercially confidential.
Network Rail expect that this work will be presented to their Board by the end of 2016.