Third Space

Vertus Edit aparthotel to offer flexible studios in Canary Wharf

With rooms and facilities spread across two buildings in Wood Wharf we find our that’s what with general manager Isabel Landaeter

The aparthotel offers studios for flexible stays in Canary Wharf
Aparthotel Vertus Edit offers studios for flexible stays in Canary Wharf

Subscribe to our free Wharf Whispers newsletter here

Where and how we want to live and work, is a debate that will continue to play a potent part in public discourse for years to come.

But one thing is certain. It’s areas that offer the greatest flexibility – real range – that will thrive. 

Smart, then that Vertus, Canary Wharf Group’s build-to-rent subsidiary, has unveiled a new product on the east London estate. 

Launching in February, 2025, Vertus Edit will run as an aparthotel across two newly-finished brick-faced buildings on Wood Wharf

Quite where hotels stop and aparthotels start is itself a matter for lengthy debate – and not one that’s necessary to explore here.

Suffice to say, Vertus Edit’s 378 studios and its extensive guest facilities offer those seeking brief or medium-term stays on the Wharf a fresh option designed to satisfy a wide range of needs. 

“That’s why this isn’t just a hotel,” said Isabel Landaeta, general manager of aparthotels at Vertus. 

“Guests get a bit more space and a fully functional kitchen – they can stay a couple of nights or for a longer period.

“We’ve got a co-working space, lounges, a gym, meeting rooms and outdoor roof terraces – there’s a lot of space for people to explore across the two buildings outside of their studios. 

“You have all the amenities you need including a 24-hour reception service and weekly housekeeping. 

“Vertus has already made a name for itself in the neighbourhood with a reputation for service, so for Vertus Edit, it was about adapting that for people with different needs – those wanting a shorter stay or more flexibility. 

“For example, someone might not want to sign a lease on a rental apartment, but they might want to live here for six months.”

Vertus' Isabel Landaeter
Vertus’ Isabel Landaeter

Vertus Edit: a home-from-home

Vertus Edit offers four studio sizes for guests, the Little, Cosy, Comfy and Roomy, ranging from 200sq ft to 301sq ft in size.

All come fully furnished with an en-suite bathroom, towels, toiletries, a kitchen equipped with cookware, utensils, crockery, glassware and cutlery, a TV and super fast Wi-fi.

While no room service is available, there is a 24-hour self-service pantry for guests to access as well as Canary Wharf’s myriad hospitality and shopping options a few minutes’ walk from West Lane via Union Square. 

Vertus Edit will obviously cater for people visiting the area for business, perhaps on secondment at a London office from overseas or in town to seal a deal, but it’s been structured as more than that.

“We’re aiming to appeal to people who might not have considered staying in Canary Wharf before,” said Isabel. 

“Of course we’ll be accommodating corporate clients and offering discounts for longer stays, but we will also be there for people visiting for conferences at Excel, gigs at The O2, those coming to see ABBA Voyage or Mamma Mia The Party and even people running the London Marathon.

“This isn’t just about Monday-to-Friday. We think we’ll appeal to people taking a longer period of time to visit London as tourists because of our transport links.”

Vertus Edit is dog friendly with puppy packs costing £50 available to guests
Vertus Edit is dog friendly with puppy packs costing £50 available to guests

flexible and local

To that end, Vertus Edit reflects the current reality of Canary Wharf – an estate that each day taps deeper into east London and the areas that surround it, increasingly blending its existing aesthetic with local flavours.

Each room features artwork from East London Printmakers – about 1,200 handmade prints in total by 10 artists. Guests can even purchase works from the collective if they wish.

Key toiletries in the studios have been sourced locally too, from Kankan, a business founded by women in Hackney that’s laser-focused on sustainability and minimising its negative impact on the environment. 

“That’s something we’re really serious about,’ said Isabel. “For our towel service, we’re using Oxwash, established by Dr Kyle Grant-Talbot. 

“He’s a former NASA and SpaceX engineer who has created a laundry process that saves water and carbon and prevents almost all microplastics entering the environment.”

In edition to its green credentials, Vertus Edit’s spaces are intended for broad appeal.

Much use is made of texture, colour and luxuriant wallpapers in the communal areas, with lush furnishings and vibrant art adorning the spaces. 

Meeting rooms will be available for hire to both guests and other individuals and organisations, with a truly open and flexible approach to the facilities on offer.

It’s all part of creating a malleable, functional addition to the estate.

The red brick edifice of 3 West Lane, one of two Vertus Edit buildings at Wood Wharf
The red brick edifice of 3 West Lane, one of two Vertus Edit buildings at Wood Wharf

the next logical step

“The evolution of why people live and stay in Canary Wharf started with private residential homes and Vertus’ rental offerings,” said Isabel.

“Vertus Edit is the logical next step – if you’re looking for greater flexibility, then this would be the product for you.

“We expect there to be some overlap, naturally, as people come for a couple of months and then decide to rent an apartment.

“It works the other way too. For people living in Canary Wharf’s towers, this acts as an extension of their homes when, for example, a relative wants to stay locally for a couple of weeks or longer.

“If you’re renting a studio flat, for instance, this provides the space to accommodate them and residents know they can trust the service because it’s from Vertus.

“We also have plans to run events for guests who are staying here and we’ll be on hand to tell them all about Canary Wharf and east London. 

“Those staying for a few months may well become friends with the team and other inhabitants, but we want the feel to be about the neighbourhood rather than forced community.

“Personally I’m most excited about people on the estate getting to understand what an aparthotel is and what it feels like. 

“In addition to what we’re offering, we also have 12 commercial spaces on the ground floor between our two buildings and I think the businesses that take these will add so much to the neighbourhood along with what’s coming on the ground floor of 8 Harbord Square.

“Since Union Square opened, I’ve been really surprised by how many people are already walking past us. 

“I’ve also been lucky enough to see some of the plans for what’s going to open here and it’s going to be really exciting.”

Vertus Edit studios feature artwork from East London Printmakers
Vertus Edit studios feature artwork from East London Printmakers

ket details: Vertus Edit

Vertus Edit is open from February 2025 with prices starting at £117.14 per night for a Little studio accommodating up to two people. 

The largest Roomy apartments start at £160.12 per night, also for up to two guests.

Find out more about the aparthotel here

Read more: How Arc is bringing the ‘largest sauna in the UK to Canary Wharf

Read Wharf Life’s e-edition here

Subscribe to our free Wharf Whispers newsletter here

Subscribe To Wharf Life

Vertus set to evolve its Canary Wharf offering with short stay plan

We sit down with Vertus managing director Alastair Mullens to find out how he’s grown and softened the residential brand plus what the future holds

Image shows Vertus blocks at Wood Wharf, clad in brick in front of more residential towers
Vertus’ residential rental operation is a key part of the Canary Wharf estate

Subscribe to our free Wharf Whispers newsletter hereT

Things move fast in Canary Wharf.

Already, in August 2024, it’s hard to remember a time when people weren’t living on the estate – such has been the interweaving of the blossoming residential community with the fabric of the place, a shift in mindset to becoming a truly 24/7 slice of London. 

But in 2018 it was all still to come.

That’s when Alastair Mullens took on the role of managing director at a newly minted Canary Wharf Group subsidiary called Vertus, created to handle the estate’s crop of build-to-rent (BTR) properties.

At the time, BTR was still a relatively new concept in the capital and, indeed, the rest of the UK.

But, aiming to ape the success of well-established “multi-family” schemes in the USA and elsewhere, it was already gaining traction among developers who saw the potential advantages in terms of easier financing and steady income streams against the big revenue splashes of private sale.

Image shows Vertus managing director Alastair Mullens, a man in a blue suit and a white shirt with blonde hair
Vertus managing director Alastair Mullens

a mountain to climb

“When I arrived, it was just me and one other member of staff,” said Alastair.

“It looked like a very big mountain to climb.

“But now we have more than 75 people working at Vertus – the team did an amazing job and it’s been a really great journey.”

Specifically, the company has completely filled three buildings on the estate – 10 George Street and 8 Water Street in Wood Wharf and Newfoundland, which sits to the western edge of the estate. 

Even within this relatively short space of time, however, there’s been a constant feel of agile evolution.

“Vertus was very much born out of Canary Wharf and initially it felt quite corporate,” said Alastair.

“It was directed at a customer base we thought we were going to attract – the people who worked on the estate, who could afford to rent through us.

“That was very successful and about 70% of the people who moved into the first phase of 10 George Street were those workers.

“Today though, that percentage is around 25% at full occupancy.

“It’s a change that has been driven by two things – the arrival of the Elizabeth Line and the way the pandemic has shifted things.

“People now have more flexibility for work and may not be in the office five days a week.

“They have more of a choice about where they live and many are choosing Canary Wharf, even if they don’t work here.”

a resurgent Canary Wharf

It’s demand that’s perhaps unsurprising.

The estate’s resurgence after Covid has seen a wealth of attractions arrive locally, prompting 67.2million people to visit in 2023.

The latest figures for July show the month was 8.5% up on last year.

Canary Wharf is hot in a way that has nothing to do with the summer weather. 

Its decision to embrace competitive socialising, an enhanced hospitality offering and even kids activities, has turned it from an area that was once overlooked to a place Londoners are actively seeking out.

Less formal, less corporate – more fun, more relaxed. 

While Vertus’s buildings are currently full, its journey is really only just beginning.

In preparation for what’s to come, it’s softened its branding in line with the Wharf of the mid 2020s and to reflect the greater flexibility it’s about to bring to the market. 

Image shows a bed, with an abstract picture on the wall as well as a reading light
The brand is set to launch studios for shorter stays at the start of 2025 under the Vertus Edit brand

softening brand Vertus

“We’ve kept the name with the rebrand but have taken time to understand how our customers see us,” said Alastair. 

“We’re not just a corporate landlord they’re renting from to get a good service.

“Words like  ‘friendship’ and ‘interaction’ – both with fellow-residents and our team – are what we thrive on.

“The brand now feels more homely, rather than just a company providing places to live. 

“Outwardly we’re far softer and we’ve done a lot of work on the tone of our voice so it feels friendlier.

“That’s both in our image and advertising, but also in our communications with residents. We’re delivering the same messages but in a less formal, more direct way.

“This has come from the way we’ve seen residents interact with our team – that they prefer to be addressed by their first names, for example.

“All of this is a shift in mentality – a change in the demographic living with us and, perhaps, the way in which people now feel about being less formal.

“Historically, the Canary Wharf estate has been very corporate.

“Aesthetically it’s been steel, glass and concrete. 

“But in recent years it’s softened too – green walls, green lamp posts and our collaboration with the Eden Project in Middle Dock.

“Then there’s the leisure offer, which has made it a more fun environment.

“A good example was when we held The North Face Climb Festival at Wood Wharf recently.

“Our team said residents saw the buzz and were attracted to it.

“Originally we marketed the area as a private estate filled with peace and tranquillity. 

“Now we’re selling an environment that’s increasingly lively and fun – somewhere people really want to be.”

Image shows a kitchenette in a Vertus Edit property
Vertus Edit studios come complete with kitchenettes

homes in the pipeline

The good news for those who would also like to live locally is that Vertus is by no means done providing apartments. 

“Two new towers at 50 and 60 Charter Street will see more than 750 Vertus apartments available to rent, with around 300 ready by the end of 2025 and the rest by mid-2026,” said Alastair. 

“Then, 40 Charter Street completes at the end of 2027 with more than 550 properties.

“We’ve taken much of what we’ve learnt from our current buildings – how the concierge teams work, rolling out parcel delivery to individual apartments and offering more co-working space – and put this into these towers.

“They will give us another 1,300 BTR apartments in Canary Wharf.

“We’ve also learnt a lot about fostering community and, about a year ago, reimagined our resident engagement programme as Vertus Plus. 

“This includes perks such as early access to new restaurant openings and discounts at retailers on the estate as well as an events team that works to arrange experiences for those living in our apartments. 

“When you see a group going for dinner after an event, you know they have connected – we can bring people together, but it’s our residents who build the community.

“In order to support that, we are very much encouraging longer tenancies in our buildings.”

Image shows a Vertus Edit studio with a bed and a kitchenette reflected in the mirror
Vertus Edit studios are available to book from February 2025

Vertus Edit, a shorter stay

While the arrival of new properties will doubtless be welcome given the demand for tenancies in Vertus’ existing portfolio, the company is also further evolving its offering to appeal to those with different needs.

Vertus Edit offers 378 studios for more flexible, shorter stays – even for a single night.

“These are completing around the end of this year and will offer people the opportunity to stay in a Vertus product for a number of nights or months,” said Alastair.

“The studios are, on average, 17sq m and have everything a visitor needs. 

“They’ve got small kitchenettes, with hobs, combination microwave ovens and enough storage for pots and pans.

“It’s a product that’s fun, colourful and funky.

“We’ve long been getting enquiries about short-term rentals and we are now able to say that there is an option.

“We’re using the equity in the Vertus brand for this because people recognise it and Vertus Edit becomes that place to stay in Canary Wharf.

“Then, if someone enjoys a short-term stay in the area and sees what we have to offer, they may well decide to upgrade.”

next steps

As for the future, with Canary Wharf’s continued growth there’s still much more in the pipeline.

“We are developing North Quay, so the question is how we offer appropriate accommodation for people working in the life sciences space,” said Alastair.

“I’d also like to see a BTR product with reduced amenity.

“We’ve followed the American model and we offer a great product and great service but not everyone wants things like a big lounge, a gym or a cinema room.

“Some people just want to rent a good apartment that’s well managed with high-speed broadband.

“I think if we could do something like that it would be well taken up with people paying a reduced rent for fewer amenities.

“There’s not a lot around like that in the market at the moment. 

“This may also allow tenants to save more easily if they want to buy a property in the future.” 

key details: Vertus

More information about renting with Vertus and stays with Vertus Edit can be found here.

Single night bookings for the latter start at £100 a night for two people.

Discounts for longer stays are available.

Read more: How Toby Kidman created a pub with soul at the Pacific Tavern

Read Wharf Life’s e-edition here

Subscribe to our free Wharf Whispers newsletter here

- 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
Subscribe To Wharf Life