Financial Times FT.com

Canary Wharf ready to reap Crossrail dividend

By Elaine Moore

Published: October 13 2007 07:41 | Last updated: October 13 2007 07:41

Investors say the go-ahead for Crossrail, which came last week, will mean big rises in the value of properties along the route of the line that will connect Heathrow to the West End and Canary Wharf.

Properties in south-east London are set to benefit most and experts say the project could lead to prices in Canary Wharf matching those in Mayfair as the fast connections to Heathrow and the City make the area a prime location.

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