Home Business MTR to develop real estate in and around stations

MTR to develop real estate in and around stations

MTR Corporation has appointed John Robinson as the head of property in Europe as it looks to capitalise on opportunities to develop spaces around its stations.

Headquartered in Hong Kong, the business operations rail systems all over the world, including TfL Rail and as the minority partner in South Western Railway (30 per cent) with First Group (70 per cent).

It has already completed property development schemes at 39 stations in Hong Kong, providing around 100,000 residential units and more than two million square metres of commercial space, and recently completed its first mixed residential-commercial property development in Shenzhen, China.


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An MTR spokesperson said that, 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, John’s appointment comes at the perfect time.

MTR Corporation’s CEO for Europe, Jeremy Long, 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.”

A chartered surveyor with more than 20 years’ experience delivering property developments in the UK, John will work under Neil Walker, business development executive of Europe at MTR Corporation.


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