Olympics ''spur London development''
Fri 28th Sep, 13:42:42 BST
Development projects ahead of the 2012 Olympics in London will revamp the centre of the city as well as the area around the venues, according to an investment property specialist.
It has been predicted that the regeneration of areas in east London, where most of the events will be held, will make the area a more attractive proposition to those looking for a home but Naomi Heaton, chief executive officer of residential property experts London Central Portfolio, said that there has been less focus on the wider effect of the games.
"Many people are unaware of how much is also happening in the centre of London They''ll be a huge amount of activity in the centre of town there''s going to be a massive face lift in the centre of London," she pointed out.
In order to make getting around the capital easier for Olympic visitors, there has also been extensive development of transport links, including new train services between the city centre and Stratford.
Ms Heaton predicted that while more properties will become available in the east of the city, demand for housing in the centre will continue to be high.
It has been predicted that the regeneration of areas in east London, where most of the events will be held, will make the area a more attractive proposition to those looking for a home but Naomi Heaton, chief executive officer of residential property experts London Central Portfolio, said that there has been less focus on the wider effect of the games.
"Many people are unaware of how much is also happening in the centre of London They''ll be a huge amount of activity in the centre of town there''s going to be a massive face lift in the centre of London," she pointed out.
In order to make getting around the capital easier for Olympic visitors, there has also been extensive development of transport links, including new train services between the city centre and Stratford.
Ms Heaton predicted that while more properties will become available in the east of the city, demand for housing in the centre will continue to be high.
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