Retirement Living
Retirement living could relieve NHS pressure, government report says
Retirement living supported by the government can alleviate pressure on the NHS and improve the health of residents, a Department of Health and Social Care-commissioned report has said.
Fortwell Capital extends Cinnamon Care Collection funding to £65m
Fortwell Capital has extended the revolving credit facility it has made available to luxury care and retirement homes developer and operator, Cinnamon Care Collection, to £65m.
Octopus Real Estate buys £100m care home portfolio
Octopus Real Estate has acquired eight new care homes for £100m from LNT Care Developments.
Puma Property Finance provides £8.5m development loan for care home
Puma Property Finance has provided an £8.5m development loan to fund the construction of a purpose-built care home in Wilmslow, Cheshire.
The elderly are central to towns
Does housing for older people “undermine the vitality and viability” of a town centre? That was one of Elmbridge Borough Council’s reasons for refusing permission for a housing-with-care scheme in Walton-on-Thames in October.
9 in 10 people say government should improve elderly housing options
Almost nine in 10 people (88%) believe the government should improve housing options for elderly people, according to a survey by the Associated Retirement Community Operators (ARCO) and Later Life Ambitions.
Inspired Villages appoints Sonia Parol as design director
Legal & General’s retirement housebuilder Inspired Villages has appointed Sonia Parol as design director.
Retirement living sector can help to beat loneliness
Editor: The UK residential property market, understandably, was buffeted at the start of the first lockdown. But during this second lockdown, early indicators are looking good, with the stamp duty holiday undoubtedly helping.
Senior living investment forecast to hit £1.5bn this year
The UK senior living sector has seen a bumper year of investment in 2020, with a forecast of £1.5bn in total expected by the end of the year.
