Innovative Aged Care
A strategic partnership, with a proven operator, Innovative Aged Care (IAC), to build a small portfolio of luxury dementia care homes in prime London locations. The first two facilities are in Chelsea and St John’s Wood.
Ufford Street, London SE1
Located south of the River Thames, just off The Cut and close to Waterloo and Southwark stations, the 0.94 acre site has planning consent for a residential scheme comprising 60 units. A pre-let for a 250/305 bed hotel has been secured.
Friary Meadow, Titchfield, Hampshire
6.2 acre development with full planning consent to develop a complex of 86 ‘extra care’ retirement apartments/bungalows with amenities on site, totaling 83,247 sq ft. The scheme comprises 9 main blocks and provides a mixture of two bedroom apartments and two and three bedroom bungalows. The site is located on Cartwright Drive, half a mile from the centre of the attractive village of Titchfield, within the Borough of Fareham in southern Hampshire. Experienced operator, Oak Retirement, will provide support services and management for the scheme. The development is due to be completed by the end of 2019.