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Real estate industry

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Sense of protection

Article Abstract:

The compensation scheme set up by Central Railway PLC have been welcomed by industry observers. It was set up to tackle the problem of compensating people who were affected by major works, such as the construction of a new railway line. Central Railway has devised a Property Protection Scheme which guarantees the company will purchase houses, affected by the works, at market value. They have issued a simple document to each household asking for details of the value of their home. Some 450 residents have agreed to sign up to the scheme.

Author: Meerloo, Edward
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1999
Holding companies, not elsewhere classified, Offices of Other Holding Companies, Railroad Holding Companies, Property acquisition, Central Railway PLC

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Losing on points

Article Abstract:

UK rail commuters in Surrey travel on trains operated by the lowest performing rail operator in the country, according to the Office of Passenger Rail Franchising. The operators, South West Trains, Connex South Central and Connex South Eastern, all paid fines totalling 2.835 million pounds sterling in 1997 for underperforming, while the remaining 9 regional operators paid 2.2 million pounds sterling in 1997. Operators have been criticized for running dirty trains, not running on time and for inadequate station provision.

Author: Higgins, Lawrence
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1998
Railroad Passenger Operations, Line-Haul Railroads, Railroads, line-haul operating, Passenger rail services, Connex South Eastern, Connex South Central, Stagecoach South Western Trains Ltd.

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Subjects list: Management, Railroads, Railroad management
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