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UK : East of City - winter 2016/17

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UK : East of City - winter 2016/17

Since the 1980s, Canary Wharf has transformed from what was once one of the busiest docks in the world to become an area well-known as one of London’s leading financial districts.

It is only since the early 1990s, however, that it has also become a recognised prime residential area for people to live as well as just work, characterised by new build, high rise towers.

Wapping, on the other hand, began to be developed residentially from 1981. The founding of The London Docklands Development Corporation led to deserted warehouses in the area being transformed into luxury flats.

This trend has been seen again, more recently, with the conversion of previous industrial and office buildings. New developments in these markets will continue to have a positive impact on the surrounding housing stock already available in the area.

Source : Savills

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