AXA-backed Retirement Villages Group (RVG) has plans to develop more than 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 from baby boomers currently in their 60s and 70s.
“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 centers 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,” said Will Bax, CEO of RVG.
RVG plans include 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 sites either in desirable town centers or edge of town locations that are close to high-quality ame
