MTR to bring rail and property development model to Europe
http://www.metro-report.com/news/news-by-region/europe/single-view/view/mtr-to-bring-rail-and-property-development-model-to-europe.html
Hong Kong's MTR is not the first railway company that commenced property development along its own rail lines. Pacific Electric would be the first, followed by major private railways in Japan. Though electric railways in the United States were declined after mortarization, Japan's private railways have flourished by property development.
Hong Kong's MTR seems to be different. In addition to property development along the rail lines, the company has founded joint companies in China, Sweden, and UK.
MTR's way to expand its developmental procedure is what Japan's Railway companies should learn to take part in overseas rail industry.
