CWG’s Wood Wharf plans gather pace

The Canary Wharf Group is making one its first forays into residential property, with a significant amount of build-to-rent stock, to be managed by its Vertus arm. A 327-unit building at 10 George Street, at Wood Wharf to the east of the Canary Wharf estate, will be the first to be completed, in December 2019, followed by 8 Water Street, with 174 units. The “flagship” of the Vertus estate, Newfoundland, to be finished in the second quarter of 2020, is a 60-storey, 636-apartment tower with a distinctive ‘diagrid’ design. Wood Wharf, one of the largest development sites in the capital, will eventually provide 3,300 new homes, almost 2m sq ft of office space, and 490,000 sq ft of shops, restaurants and community facilities.

Property Week (08/11/2018)