London's Crossrail boosting residential investment in the West End
London's new high-speed rail network is powering growth in central districts, including the West End

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One of the world's most culturally and economically diverse cities, and a leading global center of finance, education, technology and media, London continues to be a favorite offshore destination for property investment. House prices across the UK capital have entered the recovery phase, with demand and price growth expected to accelerate following the opening of the Crossrail high-speed rail link, currently scheduled between October 2020 and March 2021.
Neighborhoods around Crossrail stations will see increased demand and price growth over the next few years, as the Elizabeth Line improves connectivity and station areas are redeveloped with new amenities and public spaces. Research by Jones Lang LaSalle (JLL) forecasts Central London residential price growth to increase from 1.5 percent in 2019 to 5 percent in 2021, buoyed by the Crossrail effect. Central London rents are expected to grow from 2 percent to 3.5 percent during the same period.
One of the most ambitious new stations serving Crossrail will be at Paddington, one of London's main rail interchanges serving the West End. Commercial and residential development around Paddington has accelerated over the last few years to meet the high demand for a well-connected address that's anticipated when Crossrail services begin. One of the most notable is West End Gate, a new residential quarter bringing more than 600 homes to this enviable location nestled between the City financial district, world-famous shopping streets and Theatreland.
Globally attractive destination
With its robust economy, world-class education and convenient access to global markets, London is an attractive place to live, work and study. Employment is predicted to grow by 10 percent over the next decade, driven by the booming tech hubs of East London Tech City, Kings Cross and other emerging locations.