ICG Real Estate has provided a £63m loan to a joint venture vehicle established between Elysian Residences and Senior Living Investment Partners to fund a new retirement scheme in Henley-on-Thames, Oxfordshire.
The 100-unit luxury Integrated Retirement Community will feature a mix of one-bedroom, two-bedroom, and three-bedroom homes together with a wide range of amenities including a café and bistro, gym, swimming pool, wellness and relaxation areas, a curated library, and residents’ lounges.
Isobel Dench, Managing Director at ICG Real Estate, said: “ICGRE is very pleased to be supporting Octopus Real Estate, Elysian Residences and PIC with the creation of this high-quality retirement scheme. We continue to see Living as a high-conviction sector, with Henley-on-Thames our first deal in the retirement space. The retirement market has compelling demographics supporting it, which is expected to encourage future demand. We see this development as a great opportunity to enter the market alongside experienced sponsorship, in a prime location with strong micro fundamentals.”
The community is designed around communal spaces and centralised facilities, promoting a strong sense of community and well-being among residents.
Kevin Beirne, Head of Retirement, Octopus Real Estate, said: “This development aligns perfectly with our mission to invest in the people. By providing high-quality housing and amenities, we aim to empower individuals to live better for longer, reflecting our dedication to creating positive social impact through sustainable and thoughtful real estate investment.”