Thursday 7 November 2019 – Media Release
Vertus Debuts with 10 George Street, the First Build-to-Rent Development in Canary Wharf
- Canary Wharf Group’s new rental arm Vertus reveals a first look at 10 George Street, the first of three build-to-rent developments to arrive on the Estate
- 10 George Street will be the first building to complete in Wood Wharf, Canary Wharf’s new district, with residents moving in from early 2020
- The 327-unit building will boast 6,000 sq. ft. of amenities space including wellness facilities, lounge, bar and south-facing terrace
- Residents will benefit from varied apartment types and styles, as well as flexible tenancy terms
- Studio apartments start from £1,950 per calendar month
Canary Wharf Group’s new build-to-rent operator Vertus, announces its launch, and reveals an exclusive look at its first development, 10 George Street. The striking building is the first among three planned build-to-rent developments on the Canary Wharf estate. With access to an exceptional range of amenities, residents at 10 George Street will also benefit from the ability to sign to a tenancy term to suit their needs with flexible deposit options. The studio to three-bedroom apartments at the 327-unit building will be available to rent from early 2020, and the show floor is available for viewings on selected open days. Apartments will start from £1,950 per calendar month.
10 George Street will set a new precedent for build-to-rent developments to follow, creating the ultimate lifestyle for its residents in the heart of Canary Wharf’s new residential district, Wood Wharf. The 37-storey building has been designed by GRID Architects and the striking façade shows the triangular balconies carefully placed, giving the structure a very distinctive character.
The development additionally comprises 6,000 sq. ft. of Club Vertus social spaces, including lounge, expansive south-facing garden terrace, private event space, and a bar area with automatic winedispensers. Several of the areas will be bookable for private use by residents. The building will also host a private gym studio for residents, run by leading wellness experts Antidote, part of The Health Concierge Group. Additionally, there will be two Sleep Suites for guests of residents to stay in.
Expertly designed by leading interior specialists, each apartment has been created for modern open-plan living and accentuates natural light throughout, with high-specification integrated appliances available. Furnished by Camerich, residents will be able to make the spacious apartments feel like home with complete control over colour schemes and decorations.
Canary Wharf Estate offers an exciting and vibrant community to live in. Residents can enjoy the five different shopping malls, unrivalled restaurant provision and London’s largest collection of outdoor public art on the Estate. The Estate also provides a diverse and exciting arts and events programme, including the annual Winter Lights festival, Summer Screens, Strong Island health and wellness events, Fashion Weekends and many more.
The new district, Wood Wharf, will house up to 3,600 new homes, 350,000sq. ft of retail space and eight acres of public spaces, adding to the already extensive offering of Canary Wharf. Already well-connected by the Jubilee and DLR lines, the arrival of the Elizabeth line will make Canary Wharf even more accessible.
Alastair Mullens, Head of Vertus, comments, “The apartments at 10 George Street are set to raise the standards of build-to-rent in London. As a new residential landlord for Canary Wharf, Vertus will provide a fantastic experience for those who rent with Vertus, with varied facilities, an exciting events programme and 24/7 concierge, all this without the commitment of buying. We expect to see a strong demand for these apartments once they launch in 2020.”
For further information, please contact:
Canary Wharf Group plc
T: 020 7418 2166
Notes to Editors:
Vertus is part of the Canary Wharf Group. Over the last 30 years the Group has serviced the world’s blue-chip corporate and retail tenants whilst undertaking the design, construction and management of the ever-growing Estate.
Canary Wharf Group has built this reputation by providing exceptional service through estate management, building management, public space management and security.
Vertus will manage all aspects of the build-to-rent developments on the Estate. The Vertus portfolio currently consists of three buildings which are under construction, totalling 1,137 build-to-rent residential apartments.
Vertus will manage the residential leasing and management of the buildings and the individual apartments. Vertus will be dedicated to meeting the needs of their customers and residents by providing a superlative service, 24 hours a day and 365 days per year.
About Canary Wharf Group:
Canary Wharf Group plc has overseen the largest urban regeneration project ever undertaken in Europe, designing and building more than 16.5m sq ft of London real estate, which now houses local and international companies and renowned retailers.
The Canary Wharf Estate is a major retail destination comprising around 1m sq ft across five shopping malls, including the award-winning leisure development, Crossrail Place, housing one of London’s most stunning roof gardens.
Canary Wharf’s new district, Wood Wharf, will provide up to 3,600 new homes, 2m sq ft of office space, 350,000 sq ft of retail space and over eight acres of public spaces, squares and parks. There will also be a GP surgery and a two-form primary school for 420 children.
Canary Wharf Group is a wholly owned joint venture between Brookfield Property Partners and the Qatar Investment Authority.