More than €700m has been invested into the senior living sector across the UK and Europe since the beginning of the year, which is the highest level ever recorded, according to Savills. The record high volume was achieved largely due to two significant transactions in the UK: the forward purchase of the Royal Warwick Square project in London by Riverstone Living and the development of four retirement villages by Audley Group, which teamed up with Octopus Investments and Schroder Exempt PUT, according to Savills. The senior living sector is still developing in Poland but has already shown great potential, Savills writes in its report.
