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Evening Standard
Evening Standard
Business
Oscar Williams-Grut

British Land set for £2 billion London windfall from warehouses and Canada Water redevelopment

British Land Canada Water London Simon Carter

British Land’s Paddington Central estate

(Picture: British Land)

British Land is expecting to reap big profits from its investments in London, predicting a £2 billion windfall from its redevelopment of Canada Water and investment in warehouse space in the capital in the coming years.

CEO Simon Carter said the property giant saw “a wealth of development opportunities” in London as he gave the £2 billion figure.

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