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MTR appoints European Head of Property to bring rail investment model to Europe

MTR Corporation has signalled a clear intention to develop opportunities under its Rail + Property model with the appointment of John Robinson as Head of Property for the European Business, announced today.

The appointment of Mr Robinson, a Chartered Surveyor with over 20 years’ experience of delivering a wide range of property development schemes in the UK, is the latest step towards bringing Rail + Property to Europe. Mr Robinson will work under Neil Walker, Business Development Executive of the European Business at MTR Corporation.

With the value and strategic location of property above and around stations being increasingly recognised in the UK, and the Government looking for new ways to support private investment in these projects, Mr Robinson’s appointment comes at the perfect time for MTR to capitalise on the broad scale of opportunity available.

MTR has an acknowledged track record of delivering Rail + Property projects, with property developments completed at 39 stations in Hong Kong providing some 100,000 residential units and more than 2 million square metres of commercial space. MTR recently also marked the completion of its first mixed residential and commercial property development in Shenzhen in Mainland China, and celebrated the first full year of service of the South Island Line in Hong Kong, an ambitious project linking the city’s southern district to its business area.

MTR’s Rail + Property model and sustainable approach to developing real estate in and around stations was also a key reason that MTR was included in the 2017 Fortune “Change the World” Top 50 list of companies making contributions to solving societal problems with smart business practices.

Jeremy Long, CEO European Business, MTR Corporation said:

“Developing above and around stations often brings with it added complexity of design or construction, but we see real potential for combining our railway operations and property development expertise here in Europe and giving greater focus to this in our overall development plans.”

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Notes to Editors

About MTR

  • MTR Corporation is acknowledged as one of the world’s leading operators of metro, commuter and airport rail systems and has a successful international consulting business. It is also an acknowledged world leader in Rail + Property development, and manages shopping malls, retail units, apartments and other major buildings along some of its lines.
  • In the UK, MTR Crossrail is the operator of the Crossrail concession (which will be renamed the Elizabeth line when fully open), and is currently running TfL Rail services between Liverpool Street and Shenfield.  MTR will begin running services between: Heathrow and Paddington in May 2018; Paddington and Abbey Wood in December 2018; Paddington and Shenfield in May 2019; and full through services (including to Reading) in December 2019.
  • MTR has operated South Western Railway, one of the largest UK franchises, as a joint venture with First Group since August 2017. As part of this, First MTR South Western Trains Limited will deliver new trains, redeveloped stations, and a range of other enhancements which will improve both rail services and customer experience.
  • MTR was a joint venture partner in London Overground Rail Operations Ltd (LOROL), which held the concession from November 2007 until November 2016. 
  • Elsewhere in Europe, MTR runs the Stockholm Metro, the Stockholm Pendeltåg commuter railway and provides open access MTR Express services between Stockholm and Gothenburg.
  • Around the world, MTR: runs metro, commuter rail, light rail and infrastructure, develops and manages significant rail-related property and is delivering new rail lines and major upgrade projects in Hong Kong; operates lines in Beijing, Shenzhen and Hangzhou in Mainland China; is lead shareholder in a joint venture operating the Melbourne train system and leads a Public-Private-Partnership (PPP) consortium which will deliver and operate the Sydney Metro Northwest in Australia.

Listed on the Hong Kong stock exchange, MTR has a market capitalisation of approximately £27 billion, and is included on the FTSE4Good and Dow Jones Sustainability Indexes. It won over 50 awards in 2017 for quality, customer service and sustainability.