Third Space

Alma offers luxury rental flats where the City meets east London

Built-to-rent apartments come with access to communal roof terrace, gym, screening room and workspace plus easy access to the Elizabeth Line

A dressed show home apartment at Alma near Aldgate East
A dressed show home apartment at Alma near Aldgate East

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“There’s a real difference between renting from a private landlord and from a build-to-rent company,” said Amelia Polowyj of Native Residential, the company British Land has engaged to manage its Alma scheme at Aldgate East

The sharp angles of its triangular tower on the corner of Whitechapel High Street and Commercial Road house some 159 apartments, each available to let for up to 24 months. 

Sprinkled with a wealth of amenities, it’s a 24/7 operation with its own bespoke scent and work on its walls from local artists.  

“One of the benefits is having a dedicated team on-site you can speak to face-to-face if there are any issues in the property,” said Amelia, Alma’s general manager.

“As build-to-rent becomes a bigger part of the market as it has done in America, it will showcase why it’s a good option.

“For example, we have people moving from overseas who aren’t familiar with London, so having someone on reception who can recommend their favourite restaurant or local service is great. 

“That joins up the dots and isn’t something you can find in private rental.”

It’s a topic that Amelia is passionate about having moved from the world of retail to property.

Initially she managed high-end student accommodation and then build-to-rent properties in and around Manchester.


Native Residential's Amelia Polowyj, general manager at Alma
Native Residential’s Amelia Polowyj, general manager at Alma

delivering on customer service at Alma

“It was while I was at Vita Living that a resident handed me a letter on her final day with us,” said Amelia.

“She wanted to convey how much it had meant to her that from her very first week I’d remembered her name and apartment number when she came to talk to us.

“That was so impactful to me – that something I would describe as simply good customer service, had meant so much to her. It demonstrates the kind of service people can expect.”

Amelia said that while people in rental schemes in Manchester were largely waiting to buy, the London market at developments like Alma was different. 

“People here are very content to rent as a choice,” she said. “Alma, for instance, is very much at the upper end of the market. 

“We provide as much of a tailored experience here as is humanly possible – it’s a premium living product.

“We’re the first operator to launch in Aldgate East and will be 25% occupied by the end of the year. Every apartment comes with a full suite of integrated appliances.

“There are American-style fridge-freezer, wine coolers, comfort cooling, washer-dryers  and underfloor heating in the bathrooms.

“All of the appliances are smart so you can control them from your phone – turning on your oven while you’re on your commute so it’s ready to cook when you get home.

“The homes all have either a winter garden or terrace depending on the layout, the former offering tenants the best of both worlds and making the space a genuine extension of the apartment. 

“The architects have been careful to ensure all bedrooms are a good size to cater for people who are sharing.

“The furniture, which is included in the price alongside Samsung Smart TVs,  has been designed and curated so as not to overwhelm the rooms.

“The designers have really thought about the logistics – how someone’s going to use the space.”

Apartments at Alma feature bedrooms designed to cater for tenants who are sharing the property
Apartments at Alma feature bedrooms designed to cater for tenants who are sharing the property

residents’ facilities

Beyond each apartment, the development offers a wide selection of facilities for residents to use.

There’s an expansive triangular roof terrace complete with sun loungers and views towards the City and the East End, a lounge for relaxation that doubles as a private kitchen and dining room and a screening room for when the Samsung TV isn’t quite enough.

There’s also a small gym and a shared workspace on the ground floor with bookable pods for those who need privacy. 

Alma is pet-friendly, with no extra charges for those who like to live with animals and boasts its own service app with features such as dry cleaning and dog walking.

“Everything’s been thought through in great detail, even if residents won’t necessarily notice immediately,” said Amelia.

“The furniture in the apartments and the communal areas is all sustainable and has been designed to be easily repairable should the need arise.”

Besides the facilities, Alma’s greatest attraction is perhaps its location.

The Monopoly board is looking very much out of date, with Whitechapel an increasingly desirable part of town thanks to its walking-distance proximity to the City, extensive regeneration locally and impressive transport links resulting from the arrival of the Elizabeth Line.

The latter offers a three-minute connection to Canary Wharf after a 10-minute walk and a direct route to much of central London as well as Heathrow Airport.

The scheme is also within walking distance of the Square Mile’s offices, the vibrancy of Shoreditch and the historic sites of Tower Hill.

The development boasts an expansive, shared roof terrace
The development boasts an expansive, shared roof terrace – image Tom Bird

work-life balance at Alma

“More than ever, especially following the pandemic, people are starting to understand the value of work-life balance,” said Amelia. 

“Having the ease of a 10-minute walk to and from work is a massive positive. 

“And there’s so much to do in the local area – we have a community host who has set up a network of neighbourhood heroes so our residents can get benefits from local businesses.

“Right now it’s about getting the Alma brand out there.

“We have a cap on the number of students we’ll take as tenants at about 20% because we want to ensure a mix with professionals in the building. 

“We already have quite a few corporate clients and we’re aiming for a nice balance, with short stays also available on the 11th floor so people can try out life at Alma.” 

Part of the communal suite of residents' facilities at Alma
Part of the communal suite of residents’ facilities at Alma

key details: Alma

Alma is located on the corner of Whitechapel High Street and Commercial Road close to Aldgate East Tube Station.

The build-to-rent development comprises 159 apartments with prices starting at £2,950 per month for a studio.

One-beds start at £3,325, while two and three-beds are £4,172 and £5,488 respectively.

The duplex penthouse is currently on the market for rent at just under £10,000. 

Find out more about the development here

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Principal Tower in Shoreditch has only four apartments left for sale

Popular residential scheme on the border of the City and east London has a few homes still available

Image shows a tall residential tower block with three volumes and curved corners – it's Principal Tower in Shoreditch
Principal Tower is located in Shoreditch on the edge of the City Of London

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Right now, Principal Tower sits in a series of liminal spaces – physical and temporal.

The Shoreditch development is both in the City and part of a hip east London neighbourhood.

To the west, slabs of glass encase office workers.

Across the road are bars, restaurants, dives, clubs and destinations.

It’s both the urban bustle of Liverpool Street for the Elizabeth Line and the counter-cultural edge of Shoreditch High Street Overground.

As a residential project, it’s right on the cusp of being sold out too, with only four homes remaining.

There’s a one-bed, a two-bed and a three-bed with prices starting at £1.28million.  

Then there’s the penthouse on the 48th floor – a three-bed, three-bath duplex arranged over some 2,855sq ft of space with a decent size terrace.

That will set you back £9.9million. 

All boast outdoor spaces and are contained within a Foster + Partners tower set back a little from Shoreditch High Street and Worship Street.

Part of the wider Principal Place scheme – which boasts commercial premises let to Amazon – the structure shoots up some 50 storeys from the street with rounded corners and fins offering a modern take on Art Deco and 1950s futurism.

Amid the more angular shapes of the City, it’s something of a maverick, standing out against the severe geometry of the nearby office blocks and suggestive of a more welcoming, hospitable function.

That’s one reason, perhaps, that only a quartet of properties are still available from a complement of 299.

It’s a singular building in an enviable location, unafraid to plough its own furrow.

Its boldness is similar to that of Christopher Murray, co-founder and managing director of Concord London, the joint venture partner responsible for Principal Tower alongside Brookfield Properties.

Image shows Concord London co-founder and managing director Christopher Murray, a man with short mousy blonde hair in a striped shirt
Concord London co-founder and managing director Christopher Murray

Principal Tower, a joint venture…

Christopher said: “When we were asked to get involved, it was obviously a great location to live.

“There are still great restrictions on building houses in the City itself, so we thought this was a missing product in the market – that people would be happy to live just up the street.

“Shoreditch is a cool neighbourhood – trendy and edgy.

“Blue collar nights and white collar days.

“It has great food, great restaurants and rooftop bars. 

“From our point of view, the project was a no-brainer.

“We focused on building a tall residential tower with western and eastern elevations that offer unparalleled views.

“People can see the major London landmarks such as the BT Tower, the London Eye and St Paul’s.

“We wanted a mix of sizes but with large spaces and a similarly generous approach to communal areas and amenities. 

“It’s gone down really well, with the vast majority of properties now sold.

“Some buyers wanted to hear about the City, others about Shoreditch.”

Image shows a dining table and chairs in front of windows through which can be seen the City Of London skyline
Principal Tower’s penthouse is still available

subtle curves, looking sharp

“The design was absolutely key – the tower had to be a gateway, a node announcing that you’re entering a different part of London and we think it has quite a lot of presence,” added Christopher.

“It’s the first building that has been entirely designed by Foster + Partners.

“They didn’t do residential interiors before this but on our tower it’s everything from the hinges to the door handles and the flooring.

“There’s an exactness about it, from the mirrors to the matching patterns on the marble and how the flooring lines up with the skirting boards.

“They’ve thought about everything – how the doors open, how they close and what they sound like.

“The beauty in the design is that it’s equally possible to just leave it be or to put your signature on it.

“The style doesn’t presuppose anybody’s taste.

“The apartments themselves are all about daylight with open-plan designs.

“Every home has a terrace and some have more than one – again of a generous size. 

“We’re not a cookie cutter developer and large properties are hard to come by.

“In the end, this is high-end housing that, because of its location, has a broad audience.

“I look at the competition and I know I’m biased, but I can tell you that this really is the best. 

“I can be pretty self deprecating about our buildings – I’m very honest – but when it comes to Principal Tower, it’s a home run.”

Image shows the side of Principal Tower with other commercial blocks in the background
Four properties are still available at the development

a wealth of amenities

The tower has an obvious appeal for City workers or those who simply want to benefit from the Square Mile’s amenities alongside the buzz of Shoreditch.

However, the proximity of the Elizabeth Line at Liverpool Street makes it an equally appealing prospect for Canary Wharf workers. 

Also, with London rapidly moving eastwards, direct connections to Royal Docks and Stratford look like increasingly attractive assets.

Residents’ amenities include an infinity pool, a spa, sauna and gym overlooking Principal Place.

There’s also a cinema, lounge space and a 24-hour concierge service that promises five-start hotel-style service.

Christopher said: “This really is the last chance to buy here.

“There’s already a very good vertical community in the building – there’s a feeling of belonging.

“People are respectful of the building and of each other.

“Neighbours speak to neighbours. Residents see it as a special place and it’s a great environment.

“The person on the door will know your name as you enter the beautiful two-storey lobby and then we have super fast lifts to get people to their homes.

“There’s also parking down below which is accessed by a car lift – it’s like something from James Bond.”

Image shows a living room with curved glazing offering views across London
Properties at Principal Tower feature curved corner glazing

a proud moment

“While we’re keen to sell the remaining apartments, there will be a touch of sadness when it’s done because it’s been such an amazing journey,” said Christopher.

“Working with Brookfield on this has been a great experience and that’s not because they’re Canadian like me.

“We’re very proud of what we’ve built and we’d love anyone who is interested to come down and take a peek.

“We especially want people to see the penthouse, which hasn’t been available all that long and really is an incredible space.

“At 3,000sq ft it has stunning views with floor-to-ceiling windows and beautiful outdoor space. 

“I’ve been in the property business for a very long time but I can’t think of another space like it.

“It has a modern vibe but there’s the Art Deco style to it too. It’s unique.

“As a company we think a lot about the apartments we create – some things work in plan form but not in reality and there’s nothing worse than getting it wrong. 

“Some developers have a formula-based approach, which works fine in the commercial space because development can be quite repetitive – it’s less emotive.

“But for residential every village in London is different, every borough is different, there are varied creeds and politics. 

“People want different things so it’s about not just knowing your customer but knowing where they are and why they will come to you.

“We have staff on-site every day and we’d love to show you around.”

Image shows a glass and stone staircase in Principal Tower with a gravel bed and plants in pots under it in front of a full-height window
Foster + Partners also created the interior finish for Principal Tower

key details – Principal Tower

There are currently four properties available at Principal Tower in Shoreditch High Street.

Prices for a one-bed start at £1.28million and the penthouse is on the market for £9.9million.

Find out more about the tower here

Read more: How Third Space has expanded its offering at Canary Wharf

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- Jon Massey is co-founder and editorial director of Wharf Life and writes about a wide range of subjects in Canary Wharf, Docklands and east London - contact via jon.massey@wharf-life.com
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Moorgate: How London Oktoberfest offers a German party on the Elizabeth Line

Formerly on the Isle Of Dogs, the event is in Finsbury Square a short ride from Canary Wharf

London Oktoberfest will take place in Ealing and Moorgate in 2023

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I have some sympathy with TfL.

Trying to cover all the places that Liverpool Street station now connects to is no easy task, with the Elizabeth Line now meeting the Circle, Hammersmith And City, Metropolitan and Central lines as well as the Overground and National Rail at the interchange.

That there’s a direct exit from the Liz Line and connection to Moorgate, often gets lost in the mix – but it makes for a whole range of extra possibilities for those using the link, including onward journeys via the Northern line and northbound rail services.

It’s more than that too, of course. It also puts everything that part of the city has to offer within easy reach of Canary Wharf – a seven-minute ride from the estate’s station.

For Carsten Raun, this alteration in the physical infrastructure of the capital means pitching the London Oktoberfest tent at Finsbury Square makes all kinds of sense.

“We actually started in the UK at Cambridge this year and now we’re coming again to London – first in Ealing and then at Finsbury Square near Moorgate,” said the event director and organiser.

“We’ve been on the Isle Of Dogs in previous years and, in 2023, we’re a little closer to Canary Wharf again.

“The transport is really great in this location, so I think it’s easy for people to get there.

“It’s great to be back – we have been running in the capital for more than 10 years. 

“Of course, we will be offering the bratwurst, pretzels and schnitzel that people love and the beer imported directly from our brewery in Bavaria.

“They make two different wonderful draught beers for us, one is the FestBeer, which is a sweet lager and then a craft beer.”

The beer served is from Ebermannstadt in Bavaria

Specifically, the beer hails from the small town of Ebermannstadt, located to the north of Nuremberg.

Located beside the river Wiesent, the Bavarian FestBeer Brewery dates back to 1776 and originally operated as a communal facility for the local population.

Its flagship brew uses malt from Vienna and Hallertauer hops for a pleasant level of bitterness combined with floral and herbal aromas.

“We’ll be having a band from Germany again, playing throughout our run inside the tent,” said Carsten. 

“I call it Oktoberfest music – traditional music as well as songs that people can sing along with.

“The capacity of the venue is 1,800 people and that makes for a really great party. We’re very much back to pre-pandemic times, people just want to have a great night out.

“We’ll also be bringing our outstanding Halloween Party back on October 28, where people are welcome to dress up to have some spooky fun.

“The last weekend in November will be focused on a luxury experience for companies and corporate clients who would like to celebrate. 

“There will be a special lunch for businesses from noon-5pm on November 2 and 3, where they can bring clients to entertain them.

“Personally, I’m looking forward to Halloween.

“Each year we do it I’m really surprised by how much effort people put into their costumes, although you don’t need to be dressed up to get in, of course.

“Some are very terrifying. It’s also worth mentioning that any size of group can be seated together if they book at the same time and for the same package.”

Standard entry starts at £5 although there are a number of packages available as well as the option to buy or rent traditional leather lederhosen and dirndl dresses.

Bavarian Tickets cost between £25 and £32, with seating in the middle part of the tent, a 1.5 pint measure of FestBeer, bratwurst in a roll and a German snack.

Costumes are available to hire for the event

The Oktoberfest package includes the food, two beers, seating in the front part of the tent and a shot of Underberg – an alcoholic digestive distillation from Germany. These tickets cost £45-£50.

A further £15 per head buys a VIP package with seating in front of the band, a glass of German sparkling wine, two beers, Underberg and schnitzel with Bavarian potato salad.

Corporate packages are flexible with various food and drink options on offer and dedicated table service for parties of eight or more. Prices per person start at £100.

l London Oktoberfest typically runs on Thursdays and Fridays from 5pm-11pm and on Saturdays from 11am-4.30pm and 5.30pm to 11pm. Tickets for general admission start at £5.

The event runs at Walpole Park in Ealing from October 19-21, 2023, and at Finsbury Square near Moorgate from October 26-28, 2023, and November 2-4, 2023.

Find out more about London Oktoberfest

Read more: Sign up for the Santa Stair Climb at One Canada Square

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- Jon Massey is co-founder and editorial director of Wharf Life and writes about a wide range of subjects in Canary Wharf, Docklands and east London - contact via jon.massey@wharf-life.com
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