LaSalle IM funds Audley retirement scheme

Retirement home

LaSalle Investment Management has agreed a £106m loan facility to finance the development of two retirement villages in the South of England.

The development loan has been extended from the LaSalle Residential Finance (LRF) programme to a recently formed joint venture between Audley Group and the UK Retirement Living Fund, which is managed by Schroders Real Estate and Octopus Real Estate.

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