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The Retirement Villages Group acquires new site for €235.76 million development program

The Retirement Villages Group (RVG) has acquired a new site as part of its €235.76 million (£200 million) expansion program to develop more than 500 new independent living residential units in the South East of England over the next 5 years. The company has secured a 10.5 acre site, subject to planning permission, at Albourne, near Henfield, West Sussex, for a new Retirement Village community. The site was formerly home to the Hazleden’s Nursery.It is anticipated a planning application will be submitted by RVG during the summer this year, following a public exhibition to present the proposals to develop a luxury retirement community incorporating around 98 residential units, which will be predominantly 2 bed apartments and cottages. In...[…]