Crossrail promises property and commercial boom
The creation of Crossrail is prompting a positive knock-on effect in the commercial property sector, according to experts.
Following findings in a report published last year, experts say there is "growing evidence" of the impact and influence of the rail scheme.
In Canary Wharf, development space for retail and leisure has been secured above the station and there are further investment opportunities flagged up for the areas around Limmo shaft, near Canning Town and in Woolwich East.
Ian Lindsay, Crossrail's director of property, said: "It is encouraging to see major UK and international firms citing Crossrail as a catalyst in pushing forward existing schemes and an enabler in identifying new opportunities.
"With our own property plans also making good progress and plenty of commercial opportunities still in the pipeline, Crossrail will continue to be a key driver in the future development of London."
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