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Evening Standard
Evening Standard
Business
Simon Hunt

Crossrail brings soaring office rents along Elizabeth Line route

Crossrail Elizabeth Elizabeth Line Ben Cullen London

The infrastructure of the Elizabeth line has been a catalyst for office development.

(Picture: PA)

The arrival of Crossrail helped office rents skyrocket in areas that sit along the route of the Elizabeth line.

Rents in Shoreditch and Clerkenwell have shot up 123% since the proposal to build Crossrail was given royal asset in 2008, while rents in Paddington have grown 45%.

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