The Woolwich Estate is expected to benefit from the launch of the Elizabeth Line, previously known as Crossrail, in December 2018.

The company, which already operates sites along the new train route such as Broadgate, Paddington Central and Ealing Broadway, said the estate in central Woolwich covers 360,000 square feet of retail, residential and office space.

British Land said the estate, covering 4.9 acres in south east London, represents a net initial yield of 4.1 percent.

(Reporting by Radhika Rukmangadhan in Bengaluru; Editing by Amrutha Gayathri)