All Retirement living articles – Page 18
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Online
Renaissance acquisition doubles PegasusLife retirement portfolio
Retirement living developer PegasusLife has acquired rival Renaissance Retirement in a deal which will double its portfolio and make it the third largest retirement living developer in the UK.
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Online
McCarthy & Stone unveils plans for Surrey retirement scheme
Retirement housebuilder McCarthy Stone has revealed plans to build a 43-unit scheme with a gross development value of £21.5m located in Weybridge, Surrey.
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News
Triple Point completes £26m of portfolio buys
Triple Point Social Housing REIT has completed the acquisitions of 30 supported housing properties from a range of portfolios for an aggregate price of £25.7m.
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Online
Civitas completes £122m supported living acquisitions
Civitas Social Housing has completed the acquisition of 57 specialist supported living and mental health care properties for £116.6m, with a further four exchanged for £4.9m.
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Online
Triple Point makes quadruple acquisition of supported housing
Triple Point Social Housing REIT has acquired 52 units of supported housing across four properties in Merseyside, Lancashire and Brighton for a total of £10.4m.
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Online
Audley acquires first Mayfield site
Audley Group has exchanged contracts with the Watford Riverwell Partnership to acquire the first site for its new mid-market offering, Mayfield Villages.
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Insight
Senior living is about people not just profit
Property Week ’s second Retirement Living conference took place last week against a backdrop of growing investor interest in the sector.
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News
Retirement developers launch legal challenge against mayor's planning guidance
Four of the biggest retirement housing developers are mounting a legal challenge against the mayor of London’s new planning guidance on affordable housing.
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Insight
Harnessing the spend of the baby boomer generation
Groundhog Day – sorry, the Budget – is upon us again. Far from freeing up the green belt, turning up borrowing for social housing or seed-funding modular factories, we’re likely to see more pointless demand-side levers or the training of more brickies (a bit like shuffling the deckchairs on the ...
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Online
Green light for £33m retirement living in Wiltshire
McCarthy Stone has obtained planning permission for a £32.6m retirement living development at the former Aviva offices in Salisbury, Wiltshire.
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Online
Frontier care homes bought by Aviva Investors
Aviva Investors has acquired a portfolio of care home developments from Frontier Estates for £71m on behalf of its Lime Property Fund.
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News
Skansa sells Swedish nursing home for £22m
Skanska has sold a nursing home under construction in Gothenburg, Sweden for around $29m (£22m) to Northern Horizon.
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Insight
Retirement living: later-life living can be luxurious
There is no reason why retirement accommodation shouldn’t be beautifully designed, believes Auriens co-founder Karen Mulville. Here she talks to Property Week about the company’s planned scheme in Chelsea, London.
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Online
AXA IM acquires Retirement Villages Group
AXA IM - Real Assets has completed the acquisition of Retirement Villages Group on behalf of a club of investors in a deal believed to be worth £100m.
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Online
Former MOD rehab site in Surrey set to hit market
A former Ministry of Defence medical rehabilitation site near Leatherhead is being put up for sale by the Trustees of the Headley Court Charity.
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Insight
L&G chases grey pound with new retirement living arm
Legal General has developed a reputation as an early mover into new, underinvested markets - witness its move into build-to-rent (BTR) and modular housing - and last month, it was at it again, this time announcing its intention to build 3,000 retirement homes over the next five years. ...
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Online
We must ensure downsizing is attractive option
It is well known in this country that we have a strong attachment to home ownership and climbing up the property ladder. As a consequence there has long been a reluctance to move back down; far from being seen as a pragmatic step, down-sizing is viewed negatively and with suspicion. ...
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Online
Audley gets green light on Romsey redevelopment
Audley Retirement has secured planning permission to begin work on its 14th development near Romsey in Hampshire.
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Online
L&G enters retirement living market
Legal General has entered the retirement living sector with plans to build 3,000 new homes over the next five years through a new company called Inspired Villages Group.
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Markets
Auriens makes a capital venture
Few developers of retirement living schemes venture into London. The capital is too expensive and the competition for land sites too fierce.