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Construction of McCarthy Stone's Gilbert Place Retirement Living Plus complex on Lowry Way is nearing completion. The Swindon site will feature a mixture of one-bedroom and two-bedroom low-maintenance apartments for people aged 70 and over. They will go on sale this summer and the first residents are expected to arrive and settle into their new homes early next year. But before then, the retirement community manager wants to pledge its support to a project, charity or one-off event in the Old Town area. Divisional marketing manager for McCarthy Stone Southern Nicki Beswarick said: "...

THE owners of a retirement complex treated residents to a special surprise to celebrate the easing of lockdown ­— supporting local business and produce in the process. McCarthy Stone, which owns Lancaster Court in Cockermouth laid on the surprise for residents in the complex to celebrate the government’s latest announcement of a roadmap out of lockdown. Local business Wild Zucchini Bistro was commissioned to pack up boxes of scones, cakes and sandwiches which were then delivered to each resident. The gesture was planned to mark the majority of residents there having also now rece...

By Reuters Staff 2 Min Read FILE PHOTO: A man walks past hoardings advertising retirement apartments currently being built behind on site by McCarthy & Stone in London, Britain, October 10, 2018. REUTERS/Toby Melville/File Photo (Reuters) - Infrastructure investors John Laing and Macquarie Capital will invest 200 million pounds ($274.76 million) in retirement homes developed by McCarthy Stone to help address the undersupply of elderly accommodation in Britain, the companies said. Demand for specialist housing for the elderly is growing in the United Kingdom as the population ages, with privat...

Date Time Share McCarthy Stone’s UK retirement living rental portfolio secures finance from John Laing and Macquarie Capital McCarthy Stone, the UK’s leading developer and manager of retirement communities, has today announced that it has entered into an agreement which will secure approximately £200m of total financing for the development of its retirement living rental portfolio. The finance will be provided jointly by John Laing and Macquarie Capital, both of whom are well-known infrastructure investors with a focus on development projects and platforms, including in accommodation an...

The McCarthy Stone team pictured outside the new Hewson Court development in Hexham. THE developer behind a scheme to build over 40 retirement homes in Hexham has revealed the cutting-edge technology being used in their construction. McCarthy Stone is making rapid progress at the site, just off Dene Avenue, opposite Hexham General Hospital. The external structure of a three-storey apartment block is already prominent, and is on schedule for completion in September 2021. The 43-retirement homes are part of a wider scheme, which will see the town's historic former Workhouse building trans...