AXA-backed Retirement Villages Group (RVG) intends to develop over 30 new sites in the next 10 years in selected English towns and cities
Ahead of a projected major hike in demand over the next decade for urban living, RVG is on the hunt for 30 new development sites.
RVG’s plans will see the group promote a new urban and ‘peri-urban’ living concept and brand, targeting affluent towns across England.
RVG recently acquired a new site in West Byfleet, Surrey and is looking for 1.5-acre minimum development sites either in desirable town centres or edge of town locations that are close to high-quality amenities.
Target towns in the home counties include Newbury, Marlow, Winchester, Walton-on-Thames, Chichester and Eastbourne, with Cambridge, Newmarket and Chelmsford all targets in the east.
Further to the north, target sites are required in Stratford-upon Avon, Wilmslow, York and other affluent towns.
RVG is looking for stand-alone sites or to work with partners with whom it can develop and build schemes of up to 200 apartments in each town.
‘Vibrant new urban communities’
Will Bax, CEO of RVG, said: “As a country we have to move now if we are going to build enough retirement homes of the right kind for the future.
“Forthcoming generations will prize independence, security and proximity to town centres more than any other.
“We are looking for sites and partners to help us create vibrant new urban communities that actively promote positive, independent ageing.”
