Guy Hands emerges as bidder in Network Rail's property sell-off

Sale will leave ‘gaping hole’ in rail infrastructure budget, say dismayed campaigners Private equity firms, including Guy Hands’ Terra Firma, have emerged as contenders to take over Network Rail’s commercial property business, fuelling further dismay over the forced sale of assets to fund the budget shortfall. The US investment giant Blackstone is understood to be another bidder for the rail property arm, which includes about 5,500 premises across England and Wales and is