L&G’s Guild Living acquires site for later living scheme in Walton

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Guild Living, Legal & General’s new operator and developer of urban later living accommodation, has announced the acquisition of a 2.5-acre town centre site in Walton-on-Thames

The later living accommodation site in Walton has been purchased by Guild Living from British Land.

Guild Living’s later living communities aim to focus on groundbreaking and academically-accredited wellness programmes and activities to support ageing. Members of the community will be able to live independently, with flexible and supportive care available if and when needed.

The new community in Walton will have a key focus on enabling connectivity of its residents. The development will include a restaurant and wellness centre, alongside commercial and retail space and a children’s nursery. Residents will also have access to expansive local parkland to the south of the scheme and a seven-storey retail and leisure complex directly opposite.

Eugene Marchese, director of design and innovation, said: “Within just two months of launch, this latest acquisition brings the pipeline of homes we are delivering nearly 800 across the UK. But our ambition doesn’t end there and we aren’t just creating much-needed homes.

“We are striving to revolutionise the way we age in the UK, developing truly connected and enriched communities for our members. This not only means creating beautiful environments offering physical, social and cognitive activation. It means breaking away from the traditional model provided by UK retirement developers and operators to offer extraordinary outcomes.

“One key focus will be on undertaking a full programme of academic research to understand the real needs of our older population, adapting the way we build and run our communities to ensure our members can continue to live their best lives.”

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