All Later living articles
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Online
Downing LLP invests £27m into residential care businesses
Investment manager Downing has invested £27m in three elderly residential care businesses.
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Professional
Later-living use class is needed
It is no secret that the UK is short on housing stock and it is sometimes the case that larger houses, which were once full of a whole family, are kept from the market due to misconceptions about the later-living options that are available, including care homes.
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News
ARCO appoints McArthur as standards committee chair
ARCO, a national body for operators of integrated retirement communities, has appointed Karen McArthur as the independent chair of its standards committee.
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News
ELM set to acquire 1,400 later living units across 30 local authority areas
ELM Group, which owns and manages retirement communities in the South of England, announced it is buying 1,368 later living units from housing developer Orbit across 30 local authority areas.
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Markets
Building diversity into retirement living
A more culturally diverse ageing population calls for a different later-living offer.
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News
Deutsche Bank refinances chunk of Lifestory’s UK portfolio
Deutsche Bank has provided an inventory facility to refinance part of Lifestory’s UK portfolio in a £150m deal, Property Week understands.
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News
Undersupply of 600,000 later living units creates mid-market opportunity, says CBRE
Investment into mid-market later living developments is required to address the undersupply of 614,000 senior living units across the UK, according to CBRE research.
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News
Colliers appointed to sell £17.2m Aberdeen care home
Colliers has been instructed to sell Aberdeen care home Tor Na Dee and Craig Court for an unnamed private client with a guide price of £17.2m, which would reflect a 6% net initial yield if achieved.
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News
Inspired Villages to develop 177-home Buckinghamshire later living scheme
Later living developer and operator Inspired Villages has exchanged contracts for a site at Farnham Royal, Buckinghamshire, where it plans to create 177 homes.
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News
Birchgrove acquires London BTR scheme worth £68m
Later living developer Birchgrove has paid Octagon Developments £38m for a 78-apartment build-to-rent (BTR) scheme in Hamton Court, London, with a projected gross development value (GDV) of £68m.
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Insight
Burnham Waters’ Ian Holloway on how retirement villages can help solve the housing crisis
Around 8.5 million people in England have unmet housing needs, according to a 2021 report by the National Housing Federation. House prices have increased as a result of the shortage, making it more challenging for many people to purchase a home and climb the housing ladder.
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News
Audley and SLIP to deliver 150 later-living homes at Brent Cross Town
Joint venture partners Audley Group and Senior Living Investment Partners (SLIP) are set to deliver 150 net-zero later-living homes at Brent Cross Town in north London.
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News
Later living stock rises but only meets 15% of demand, says Knight Frank
The number of complete and operational UK senior housing units rose 6.4% to 762,872 in 2022, according to Knight Frank.
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News
Maclean pledges to protect older people from hidden event fees
Housing minister Rachel Maclean has pledged to protect residents in later-living accommodation from hidden event fees.
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News
Forsters’ Amy France on the challenge faced by the Older People’s Housing Taskforce
As the Older People’s Housing Taskforce finally gets under way, it will attempt to tackle one of the biggest challenges facing the UK – how can suitable housing options be provided for later life?
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Insight
Make later-living homes a priority
As the Older People’s Housing Taskforce finally gets under way, it will attempt to tackle one of the biggest challenges facing the UK – how can suitable housing options be provided for later life?
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News
Later living faces planning and perception challenges
Speakers at Property Week’s Later Living conference discussed challenges and opportunities in UK’s older people’s housing sector.
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Markets
Care homes in a short supply
The need for care beds is outpacing supply, creating risks and opportunities.
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News
Later Living Conference: trust in industry is key to driving sales
Trust and emotional factors play a more significant role than specific facilities for older customers deciding to move into integrated retirement communities (IRCs), according to panellists at Property Week’s Later Living Conference in London on 22 June.
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Online
Later Living Conference: Service-led model key to cracking mid-market
Later living operators need to move from a product-led to a service-led model to create a successful mid-market offering, Tom Hartley, managing director of data and analysis firm Carterwood, said in a speech today at Property Week’s Later Living Conference.