Built Environment Networking Blog: Retirement Living News

Phoenix Group Expands Portfolio with Hambro Perks Investment

In a strategic move to diversify its investment portfolio, Phoenix Group, the UK’s leading savings and retirement business, has acquired a stake in the London-based venture capital firm, Hambro Perks. This acquisition aligns with Phoenix’s objective to provide its customers with increased opportunities in rapidly expanding private enterprises. Phoenix Group’s acquisition comprises a 5% stake […]

Posted by: Mya Driver

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£300m development portfolio – Aitch Group diversify in challenging market with new land sought

In 2022, property developer Aitch Group spend £70 million on land across four London boroughs including Brent, Waltham Forest, Greenwich and Southwark. This added a further £300 million (GDV) to the Aitch Group development portfolio. With immediate funds available, Aitch Group are now seeking more land for development in 2023 and onwards – specifically sites […]

Posted by: Mya Driver

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£31 million Bedfordshire later living scheme gets go-ahead

Inspired Villages has successfully secured planning permission for 111 homes at their Millfield Green later living plot in Caddington, Bedfordshire. Willmott Dixon, the contractor who built the original 86 homes, will build the first phase of this £31 million development. The village is set to include amenities such as, a swimming pool, sauna, gym, restaurant, […]

Posted by: Mya Driver

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Aedifica acquires £8.5m in Scotland care home

Aedifica has invested £8.5m to acquire a fully operational care home in Ayr, Scotland. Creggan Bahn Court in Ayr has undergone two expansions in the past 10 years, currently accommodating 58 residents across the site. The home is operated by Maria Mallaband Care Group who operate 17 sites across Aedifica’s portfolio. The carte home is […]

Posted by: Mya Driver

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Aedifica invests £13.5M in the construction of a care home

A forward acquisition of a care home is to be constructed in Biddenham (UK) for the Maria Mallaband Care Group with an investment of approx. £13.5 million. The care home will have a capacity of 60 residents. Stefaan Gielens, CEO of Aedifica, commented: “We are pleased to announce that Aedifica will invest approx. £13.5 million […]

Posted by: Mya Driver

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Aedifica invests £15.5 million in a central London care home

Rosewood House is located in a residential area near Stepney Green Park in Tower Hamlets (approx. 320,000 inhabitants), a central borough of London encompassing Canary Wharf and Whitechapel. Catering to the mid-market elderly and specialist care segment, the care home meets the highest standards of care and comfort. It accommodates up to 90 residents in […]

Posted by: Mya Driver

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Allegra Care and Moorfield add 133 beds to partnership through acquisitions in Cambridgeshire and Suffolk

Allegra Care, a UK-focused care home operator, and UKREiiF attendee Moorfield Group, a UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund IV (Moorfield), have completed the acquisition of two nursing, dementia and care homes in Cambridgeshire and Suffolk from Alysia Caring, adding a further 133 beds to the partnership’s […]

Posted by: Mya Driver

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Allegra Care and Moorfield close in on £125M portfolio

A joint venture (‘JV’) between Allegra Care, a UK-focused care home operator, and Moorfield Group, a UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund V (Moorfield), has completed the acquisition of four nursing, dementia and care homes in Bristol and South Gloucestershire. The JV acquired the homes from Grove […]

Posted by: Mya Driver

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Amazon Property launches £250m real estate fund covering multiple sectors

Amazon Property, the leading London investor-developer run by CEO Charles Gourgey and COO Chris Lanitis, has committed, via Amazon Capital (the group’s private equity division), a £250 million real estate fund to invest in joint venture opportunities in the logistics, managed office solution, PBSA, Life Sciences and retirement sectors.  Amazon Property built its strong brand […]

Posted by: Mya Driver

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Anchor Homes seeks partners for 5700 home

Later living provider Anchor is seeking development consultant partners to help realise ambitious plans to deliver 5700 new homes over the next ten years. Anchor, England’s largest provider of specialist housing and care for people in later life, will deliver the schemes across England, developing retirement communities that comprise 60 or more homes for sale, […]

Posted by: Mya Driver

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