Leading developer, Far East Consortium (FEC) is proud to announce that it is one of London’s fastest-selling new developments, having sold one third of its 495 apartments in its flagship development Aspen at Consort Place, Canary Wharf - despite launching just weeks before the first UK lockdown. This sales accomplishment demonstrates Canary Wharf’s property resilience and denotes the development’s strong appeal with its striking 65-storey design and forward-looking combination of lifestyle services and amenities.
FEC has experienced demand across the breadth of its studio, one, two and three-bedroom apartments, signalling that the design credentials of the development have been a strong pull for buyers. With its world-class architecture and interior design, it provides a compelling offering within the Canary Wharf landscape.
But perhaps what gives Aspen at Consort Place a leading edge is its services and amenities. The concierge team, wellness and fitness suite, business lounge and residents’ sky lounge will make day to day living a pleasurable and seamless experience – with technology and comfort integral its design, it is an ideal for those working from home or remotely. Furthermore, families have been thoughtfully considered. There will be an education facility as well as a health and community centre and internal and exterior play areas for children. Beyond Aspen, Consort Place will have a multitude of cafes and a restaurant to connect residents to the daily life of the local community. In addition, The 231-room four-star Dorsett hotel on the site will extend its hospitality expertise to the residents at Aspen.
Angela Walsh, Sales and Marketing Director at FEC UK says: “There has been much speculation regarding the future of Canary Wharf in light of the pandemic, with claims that the area is attempting to reinvent itself. The truth is, even before the pandemic, Canary Wharf was on the precipice of a second wave of exciting new developments and placemaking regeneration which better reflect modern life and the things that are important to us now. We welcome the number of other forthcoming developments because collectively, we can help to reshape the area into much more than a place to work. Naturally, we’re even more delighted that buyers have chosen to buy at Aspen, recognising the extra services and amenities that we are offering.”
Edward Robinson, Partner in the New Homes team at Knight Frank, said: “It’s true, Canary Wharf is changing, but all for the better in my opinion. Aspen at Consort Place is a leading example of a new destination which seeks to blend working and living, so that it works for people, rather than the other way round.”
Robinson continues: “Specifically, Aspen at Consort Place has stolen a march on other developments because it is offering more than an apartment; the development as a whole is different from many of its competitors with its design focus and breadth of services and amenities. What’s more, Aspen at Consort Place has communities in mind, so that once complete the place will have soul and personality in abundance.”
There has never been any doubt the working-day population is evolving and that the local communities living in Canary Wharf are becoming a greater part of the fabric of the area. People have come to desire homes which are close to work but also close to London’s third biggest shopping area with its 100 restaurants on their doorstep. Indeed, many cafes and restaurants have innovated in the last year – offering meal boxes and fine-dining to enjoy at home. Furthermore, many of these award-winning restaurants are now reopening with extended opening times to better fit its local communities, picking up a coffee after a morning walk and returning to their home office in their apartment, or offering picnic boxes to enjoy in one of the parks - for the reclaimed lunch-hour that at one time had all but disappeared.
Aspen at Consort Place is a short stroll from a number of convenient transport links; Canary Wharf tube station is served by the Jubilee Line in zone 2, with the DLR services on its doorstep, whilst London City Airport is less than five miles away by car. Further still, there is the Thames Clipper river bus service, which departs every 20 minutes, visiting over 39 piers, and also the anticipated arrival of Crossrail. The forthcoming Elizabeth Line will allow commuters to reach Liverpool Street within seven minutes, Farringdon within nine minutes and Heathrow Terminals 1, 2 and 3 within thirty-nine minutes. This new tube line will provide fast access to Bond Street’s luxury boutiques, the shopper’s paradise that is Westfield Stratford, and of course, some of Europe’s largest corporate headquarters in Liverpool Street.
Prices for apartments at Aspen at Consort Place currently start from £554,500 For more information please visit: www.aspen-canarywharf.com. For images please click here.
For more information on Far East Consortium, please visit: www.fecil.uk
For sales enquiries, please contact Knight Frank on 020 7718 5202.
-ENDS-
For further press information please contact Elevate PR:
Kirsty Merritt 01883 818010 kirsty@elevatepr.co.uk
Freya Martyniak 01883 818010 freya@elevatepr.co.uk
About Far East Consortium (FEC)
Founded in 1972 and listed on the Hong Kong Stock Exchange, FEC is a property developer, and holds a strategic investment in Dorsett Hospitality International, manages and owns casinos and is a leading car park operator in Asia-Pacific with additional car parks in the UK. Overall, the company’s over forty-year track record has resulted in a significant infrastructure of residential, mixed-use and hotel spaces
throughout the Asia-Pacific and Europe regions. FEC aims to continue this success across London and the South East, Manchester and other key cities across the UK.
FEC UK was established in 2012. Over this time, FEC UK has grown exponentially as a leading nationwide developer with a collective GDV of approximately £1.4bn in committed projects. As part of FEC UK’s vision for the future, it is focused on delivering almost 18,000 new homes across all of its UK-wide projects, in addition to key projects in Europe. FEC UK is known for forging strong links with public bodies and private enterprises, bringing to fruition a number of flagship projects in collaboration with local government organisations and housing associations. To date, FEC UK has over 12 million square feet of committed mixed-use developments.
In London, FEC’s current projects include Consort Place and Ensign House in Canary Wharf and the restoration of Hornsey Town Hall in Crouch End. In the North of England, FEC is leading the regeneration of Manchester’s Victoria North district – previously the Northern Gateway – which will see the construction of more than 15,000 new homes over the next decade.
With head offices in London’s Mayfair and a regional office in Manchester, FEC began its UK operations in 2012. The opening of Dorsett Shepherds Bush Hotel was in 2014, with its second hotel in the UK, Dorsett City, opening in summer 2017. Overall, FEC’s Dorsett Hospitality International is located in 27 major cities worldwide.
For more information, please visit: www.fecil.uk
