Castle View Windsor secures funding for retirement village
Once completed, the fully funded scheme in central Windsor will provide 130 homes for the over-55s, including a 72 bed care home
Retirement and Care Village Partners has secured funding for Castle View Windsor as the first flagship urban retirement village under its Castle Retirement Living brand. Once completed, the fully funded scheme in central Windsor will provide 130 homes for the over 55s, including a 72-bed care home.
With a mature project value of £50m, the £35m funding raised by Castle Retirement Living comprises £25m debt and £10m from a consortium of pension fund investors backing the care home. Castle Retirement Living will retain the completed development and run the operational business.
Construction is now underway and Castle View Windsor will be ready for occupation in Autumn 2018. The development’s separate dedicated care home will operated by Care UK to provide 24-hour nursing and dementia care.
