Tuesday, 13 April 2021

Property Developer Plans 5,000 UK Retirement Homes In City Centres

A property developer owned by a French investment management group has announced an ambitious £2bn plan to build 5,000 retirement homes across 40 urban sites in the UK over the next decade. As town and city centres are being reshaped as a result of the changes to UK high streets accelerated by the coronavirus pandemic, Retirement Villages Group (RVG) said it had won planning permission for a £110m retirement community of 196 one and two-bed apartments to rent or buy in central West Byfleet in Surrey, on the site of a 1960s office block with shops and a car park, which will be knocked down. Read more on the Guardian website.

https://www.theguardian.com/uk-news/2021/apr/12/property-developer-plans-5000-uk-retirement-homes-on-urban-sites 

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