Vertus hits major milestone

Vertus hits major milestone, with all its buildings now fully occupied as demand for rental property in London surges to new heights.

Newfoundland Build to Rent development, one of three Vertus buildings in Canary Wharf | BTR News
Newfoundland Build to Rent development, one of three Vertus buildings in Canary Wharf.

Vertus, the residential leasing arm of Canary Wharf Group, celebrates a key milestone – reaching full occupancy across its three buildings. This follows an unprecedented surge in demand for high-quality rental property in London in 2022.

The three Build to Rent developments include 10 George Street, 8 Water Street and Newfoundland – of all which have won multiple HomeViews awards. Combined, they provide 1,137 high-quality rental apartments each with their own selection of premium resident facilities tailored to the needs of modern renters. Prices start from £2,100pcm, which includes access to the communal amenities, high-speed broadband and Samsung HD Smart TV with a TV licence.

Across all three buildings, residents have access to a private dining room, which can be booked for special occasions, gyms and areas with wide-screen TVs and games consoles, and a 24-hour concierge to assist with enquiries and to receive parcels.

Vertus launched Canary Wharf’s first Build to Rent building in 2020, with residents benefitting from all the exciting aspects that make the private Estate a 15-minute city. Residents benefit from direct access to a wealth of independent and global brands, an array of restaurants including Dishoom, Hawksmoor and Pergola on the Wharf, and incredible transport links. Canary Wharf has since established itself as a sought-after residential address.

Residents can also enjoy what is going on around the Estate with a culturally inspired, year-round art and events programme, including the popular Winter Lights festival and the UK’s largest free-to-visit award-winning public art collection. There is also 20 acres of landscaped parks, boardwalks and gardens, creating a sustainable community where people can live, work and play.

“How this place has developed and evolved is really quite mesmerising, especially as I grew up around here. The area has completely changed and now many of the tall buildings you see are residential and not just offices, like some people still think. The Estate has everything you need – any shop you want to go to, they’ve got one here.”

Ryan Mendy, a Vertus resident currently living at 8 Water Street

Club Vertus allows residents to be part of a wider social community, making it easier for them to meet like-minded people all year round. Club Vertus offers an extensive programme of social events organised by a dedicated in-house team. Events includes cooking masterclasses, cocktail making and a Wine Wednesday club.

“Since the launch of our first development, 10 George Street, we’ve had the opportunity to test the demand for rental properties on the Estate, and we can say with confidence that despite Covid and the current economic turbulence, the level and speed of take-up has been exceptional. Our residents are drawn to Vertus because of the quality of our buildings, the amenities offered as part of Club Vertus, and the wealth of activities delivered by our in-house team as well as all the events held on the Estate throughout the year, making it a truly exceptional place to live.

“With the arrival of the Elizabeth line, offering fast links into west London and Heathrow, in addition to the Jubilee line, riverboat services and the DLR, all three buildings are conveniently positioned for those working locally or further afield, as well as frequent travellers. We’re pleased to have reached this important milestone with the help of our joint letting agents CBRE, Savills and Knight Frank and look forward to introducing a greater number of new rental buildings across a variety of tenures over the coming years.”

Alastair Mullens, Managing Director, Vertus

Vertus is currently developing three further apartment buildings across the Estate.