KiwiRail's assets are valued at $NZ 13bn ($US 10.48bn), the majority of which is land, but the new strategy reduces their value to $NZ 7bn.

Two new entities will be created as a result of this reassessment: New Zealand Railways Corporation will continue to be a public benefit entity and hold the land, while KiwiRail will own the rolling stock, ferries, commercial property and rail infrastructure.