In our recent report we discover how Canary Wharf is transforming from a primarily financial hub into a vibrant Central London mixed use neighbourhood.
Crossrail will make a huge difference once it is fully operational and will make Canary Wharf more accessible and better connected than ever before.
There are plenty of new developments under construction to cater for the first wave of new residents keen to take advantage of the enhanced connectivity, while the planning pipeline is ready for the next wave of Canary Wharf occupants. Many of the new inhabitants will be renters, such is the scale of multifamily development.
The volume of new development over the next 5–10 years will mark a step change for Canary Wharf as a residential location.
We expect price and rental growth in Canary Wharf to be strong and higher than the Central London average over the next five years. The opening of Crossrail together with a wealth of residential developments and an influx of new residents will be the key drivers of this out performance.
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