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27 days ago by Neelam Khalid

Signature Senior Lifestyle forms Greater London joint venture!

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Signature Senior Lifestyle has formed a joint venture with global real estate investment management firm Heitman to develop, own and operate senior living communities across Greater London.

The joint venture will acquire and develop three to four sites that will house premium, private pay senior living schemes comprised of independent, assisted and dementia care apartment home units. “We are delighted to announce our second joint venture with Signature and look forward to delivering premium senior housing schemes across greater London.,” said Tony Smedley, Managing Director and Head of European Private Equity at Heitman.

“This joint venture is an extension of our strategy to invest with skilled, like-minded partners in a market segment which evidences significant long term growth potential. “We are focused on tactical asset allocation and investment strategies that will benefit from drivers that are less sensitive to both economic and market volatility together with those that are supported by long-term structural fundamentals.