LaSalle IM funds Audley retirement scheme

By David Parsley2020-02-24T09:14:00

Source: Shutterstock/gagliard images

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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