All Later living articles – Page 8
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OnlineSilbury agrees £39m loan for Elysian Kent scheme
Silbury Finance, the development lender backed by Oaktree Capital Management, has agreed a £39.2m loan to the UK Retirement Living Fund (ReLF) to fund the development of a retirement village in Royal Tunbridge Wells, Kent.
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NewsUK care home sector rebounding from Covid-19 hit, Knight Frank reports
Rises in weekly fees across UK care homes suggest the sector is showing signs of recovery after its pandemic-induced slump, research by Knight Frank suggests.
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NewsPincher promises to “remove barriers” to later-living development
Housing minister Christopher Pincher has promised to “identify and remove” barriers facing developers of later-living schemes.
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NewsARCO urges government to adopt new later-living term
The Associated Retirement Community Operators (ARCO), which represents later-living operators, has urged the government to adopt a new term to categorise the sector.
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OnlineHow will the residential property developer tax affect the retirement living sector?
The new residential property developer tax (RPDT) is being introduced from 1 April 2022.
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NewsWatkin Jones and Patrizia consider developing later-living schemes
Student and build-to-rent developer/operator Watkin Jones and German investor Patrizia are looking to enter the later living sector in the UK.
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NewsInspired Villages snaps up Hampshire site for second net-zero scheme
Inspired Villages has acquired a site for its second net-zero retirement community in Hampshire.
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OnlineCapreon and Revere Life launch senior living JV
Capreon, a Noé Group real estate investment arm, and later living developer and operator Revere Life have launched a joint venture to provide senior living housing in the South East of England and Midlands.
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NewsInvestment in senior housing market surges 73%
Investment into the senior housing market has leapt 73% in the first nine months of the year compared to the same period in 2020, data by Knight Frank has revealed.
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NewsUrban Village Group launches later living division
Birmingham-based developer Urban Village Group has made a number of senior hires to lead its push into the later living sector.
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NewsImpact plans to double the size of its care home portfolio
Investor predicts boom in development on the back of government social care funding announcement.
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NewsRetirement home completions in 2021 leap 21% year on year
The number of retirement homes due to be completed this year is up 21% on last year, according to data from Savills.
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NewsNew ARCO-led group pushes for Scottish later living provision
Later living body the Associated Retirement Community Operators (ARCO) has formed a group with consultancy Sovereign Property Partnership to discuss how and why Scotland is falling behind on sufficient later living provision.
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OnlineCastleoak begins work on East Sussex luxury care home
Specialist care developer Castleoak has begun work on a new luxury 55-bed care home for Barchester Healthcare in Seaford, East Sussex.
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OnlineSchroders’ later-living fund and Elysian purchase £55m Tunbridge Wells site
The UK Retirement Living Fund (ReLF), managed by Schroders Capital and advised by Octopus Real Estate, has acquired a large site in the centre of Royal Tunbridge Wells in a joint venture with Elysian Residences.
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NewsWork starts on Inspired Villages Hampshire scheme
Specialist later living developer Castleoak has begun construction on a retirement village near Chandler’s Ford, Hampshire, for later living operator Inspired Villages.
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NewsAitch Group launches £60m land acquisition fund
Boutique developer Aitch Group has announced plans to invest up to £60m in land acquisition in London and the home counties in the next year.
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NewsHalifax £60m mixed-use later living plans submitted
Crosslee Properties has submitted plans to Calderdale council for a mixed-use development on a vacant 27-acre site in Hipperholme, near Halifax.
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NewsMcCarthy Stone seeking 60 new sites a year
Later-living housebuilder McCarthy Stone has increased its existing programme to buy land across England and Wales to acquire 60 new sites a year.
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OnlineL&G and NatWest Group Pension Fund form £500m JV for retirement home portfolio
Legal General has entered into a 15-year joint venture partnership with NatWest Pension Trustee Limited (NWPTL), the defined benefit pension scheme of NatWest Group, to invest £500m of equity in building later-living communities.
