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Signature Senior Lifestyle commence development of three new sites
Transactions - OCTOBER 21, 2024

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Signature Senior Lifestyle commence development of three new sites

by Denise Moose

Elevation Advisors announced that Signature Senior Lifestyle has completed the debt financing and construction agreements to support the development of three wholly owned sites into new senior living communities within the Greater London area.

Strategically located in the high-demand areas of Enfield, Surbiton and Hornchurch, the three new purpose-built sites will add about 90 beds to their respective markets (total 270 beds), and each will provide about 110 new jobs to the local community.  The high-quality, all–wet room assets are built with longevity in mind and will mirror the exceptional standard of Signature’s existing homes.

The new developments are now under way and are due to open to residents in 2026. The homes contribute positively to Signature’s ESG strategy and are targeting an EPC rating of A and a BREEAM New Construction rating of Very Good, evidencing high-quality specification, design and build processes. Solar panels will be installed on all si

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