Audley Retirement

Audley Retirement (trading name of Audley Court Ltd) is a property builder and manager in the British retirement property industry based in Surrey.[1] Audley Retirement is backed by Moorfield Investments.[2] It was founded in 1983 under the name Beaumont Healthcare, by current chief executive Nick Sanderson and business partner Dr Andrew MacDonald.[3] In 1990, Beaumont was acquired by Private Patients Plan Limited, a health insurer, now part of the AXA Group[4] It has a turnover of around £5 million for the care side of the operation. Moorfield provided £170 million in 2015 to build 1,000 new homes.[5]

It has established retirement villages, often using former school premises, some in listed buildings, at 18 locations in England. They are restricted to people over the age of 55. Residents pay monthly fees for extra support such as home care, leisure clubs and catering.

The chief executive Nick Sanderson was presented with the Pathfinder Award for his work promoting the role of retirement villages at the HealthInvestor awards in 2016.[6]

It acquired Red Kite Home Care a home care provider in Buckinghamshire in October 2016,[7] and in February 2018 the Scarcroft Estate in West Yorkshire, the former headquarters of npower. This will be its 19th village.[8]

It has established a new brand, Mayfield Villages, which is intended to be more affordable, and plans to have 2,500 more units over the next five years. [9] It has city centre developments in Clapham,[10] Bristol and Birmingham.[11]

Sites

References

  1. Malvern Gazette - Plans for retirement village
  2. Moorfield Investments - Audley page
  3. Audley Retirement - About Us
  4. AXA PPP Healthcare
  5. "Retirement village firm lines up £170m to fund expansion". Daily Telegraph. 19 December 2015. Retrieved 24 December 2016.
  6. "Priory boss tops the HealthInvestor Power Fifty". HealthInvestor. 4 November 2016. Retrieved 23 December 2016.
  7. "Buckinghamshire home care provider acquired by Audley Retirement". Care Industry News. 24 October 2016. Retrieved 24 December 2016.
  8. "Audley Group acquires retirement village site". Care Home Professional. 7 March 2018. Retrieved 7 March 2018.
  9. "Audley launches new 'affordable' Mayfield Villages". Retiremove. 7 April 2016. Retrieved 7 March 2018.
  10. "London to get its second luxury retirement village with development near Clapham Common". Telegraph. 15 October 2017. Retrieved 7 March 2018.
  11. "Why 'Super-agers' are looking for urban stimulation and retiring to the city". Telegraph. 21 February 2018. Retrieved 7 March 2018.
  12. "Experience independent living in a heritage property". Daily Telegraph. 11 September 2014. Retrieved 24 December 2016.
  13. "Are retirement villages the answer for the ageing population?". BBC News. 17 May 2012. Retrieved 24 December 2016.
  14. "Fifteen new homes in next phase of Darley Dale development". Matlock Mercury. 18 September 2014. Retrieved 24 December 2016.
  15. "It's swell by the sea: Housebuilders target retirees as potential buyers of their waterfront schemes". Daily Mail. 23 April 2016. Retrieved 24 December 2016.
  16. Stilliard, Ed (29 January 2016). "Stanbridge Earls School sold and could be turned into retirement village". Southern Daily Echo. Southampton. Retrieved 25 April 2016.
  17. "More luxury retirement apartments for North of Leamington". Leamington Courier. 12 July 2016. Retrieved 24 December 2016.
  18. "Granny designs! Grade II Gothic hall with a pool, bistro and bar that is more like a hotel than a retirement home is selling cottages for £800,000". Daily Mail. 12 June 2016. Retrieved 24 December 2016.
  19. "Government sells Sunningdale Park for redevelopment". Property Week. 21 December 2016. Retrieved 24 December 2016.
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