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How has the arrival of the Silvertown Tunnel affected local real estate markets?

London’s new £2 billion shortcut should spark a real estate revival in Greenwich and Newham
CoStar Analytics
April 9, 2025 | 9:29 AM

Infrastructure projects in London have traditionally profoundly affected local commercial real estate. In 1999, the opening of the Jubilee Line extension connecting Green Park to Stratford via Canary Wharf helped open up stations along the line to substantial new commercial and residential development. Likewise, the opening of the Elizabeth line in 2022 helped drive up office rents around stations in the central section and residential values in surrounding areas.

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