Keppel tie-up will help Watermark in Asian growth

Watermark Retirement Communities chairman David Freshwater says there is greater interest in places like senior communities for the aged, as people are living longer now. Countries like China and Japan have a large percentage of their population who
Watermark Retirement Communities chairman David Freshwater says there is greater interest in places like senior communities for the aged, as people are living longer now. Countries like China and Japan have a large percentage of their population who are above 65, he adds.ST PHOTO: LEE JIA WEN

US senior housing operator says its expertise, Keppel's local networks key to expansion

A corporate firm that has a human touch. That is how Mr David Freshwater, 63, chairman of Watermark Retirement Communities, tries to position his company.

The American senior housing operator currently manages 52 senior housing communities in 21 states across the United States, with a pipeline that will bring the portfolio to more than 60 communities by 2020.

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A version of this article appeared in the print edition of The Straits Times on August 08, 2018, with the headline 'Keppel tie-up will help Watermark in Asian growth'. Print Edition | Subscribe