Pinnacle Group has secured a contract to manage and repairs at a development of affordable rented homes in Wood Wharf – the new neighbourhood at Canary Wharf, London.
Under the five-year contract for Canary Wharf Group, Pinnacle will maintain 143 affordable rented homes made up of one, two, three and four-bedroom apartments.
Pinnacle will maintain and clean communal areas and oversee the management of refurbishment issues, including successions and void periods for two blocks that are part of the first phase of Wood Wharf – part of the sustainable community at Canary Wharf.
It is also managing the letting process with Tower Hamlets Council, which includes vetting applicants conducting both virtual and in-person viewings and arranging the tenancies.
Pratik Popat, regional manager at Pinnacle Group, said: “We have been working hard to fill the apartments as quickly as we can. At the moment it is taking only 10 days from tenant referral to sign up, and we have signed up nearly 100 residents.”
Pinnacle will employ at least 25 per cent of its workforce at Wood Wharf from within the London Borough of Tower Hamlets. Later this year, Pinnacle will also start a programme of courses to help residents improve their employability with job-seeking advice and training.
When completed, Wood Wharf will have up to 3,600 homes, retail space, offices, an NHS medical centre and primary school, waterside and cycle paths with parks and gardens.