Luxury ‘later life’ scheme approved for Kensington’s Heythrop College site
Auriens’ KPF-designed super-prime retirement scheme in W8 has been given the go-ahead, having previously been refused by the Mayor of London.
Tag: specialist prime resi
Cain brings Oberoi to Mayfair for European branded residence debut
Luxury hotel group Oberoi will operate Cain International’s 23-unit serviced apartment scheme at 17-22 South Audley Street.
Berkeley moves ahead with Sunningdale Park retirement & resi development
Berkeley Group and Audley Group will transform the former Government building – sold in 2016 – into 168 new homes, 103 later living apartments, and a 42-acre public park near Virginia Water.
Auriens partners go to court over bankruptcy dispute
Karen Mulville has filed a bankruptcy petition against business partner Johnny Sandelson in the High Court, which Sandelson argues should be dismissed
Ranked: Britain’s top towns for student housing investment
“Student housing is the most mature of the UK’s purpose-built rentalised residential markets,” says Savills, offering up some First Class opportunities for property developers and investors – but it’s not all about academic rankings…
Property developer teams up with bookseller Foyles to create residents’ libraries
Retirement home developer Elysian Residences has partnered with bookshop Foyles to create and manage libraries in top-end later living schemes across London and the South East
Build-to-Rent, student housing & retirement living present a £700bn investment opportunity says Savills
The value of the UK’s “residential operational real estate” sector – combining build-to-rent, senior living and student housing – is set to quadruple, forecasts Savills, hitting £880bn once fully mature
Legal & General makes a major play in the retirement property sector
Investment giant targets ‘last time buyers’ with plans for a £2bn later living portfolio in prime regional towns
Goldman Sachs backs Auriens with £185m debt facility
Global investment bank makes another significant play into a specialist resi sector
Kensington’s ‘caviar care’ scheme knocked back by London’s Deputy Mayor
RBKC has come under fire for not securing enough affordable housing from Johnny Sandelson’s proposed development of the Heythrop College site
High Net Worth & Retiring: Understanding London’s booming ‘later living’ sector
New report estimates London has £62 billion of ‘under-utilised space’ in the form of large, mortgage-free family houses, with £5 billion in Kensington & Chelsea alone; massive unrealised wealth could instead be generating ‘significant lifestyle, healthcare support and inheritance benefits’ for retirees, says developer, and presents a huge opportunity for a formerly niche sector of the property market…
US investment bank ploughs £75m into British modular housing manufacturer
Goldman & Sachs believes Derbyshire-based TopHat ‘has the potential to make a significant impact on the housing shortage’