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Investors betting on luxurious retirement homes
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Investors are betting that in the coming years, affluent retirees will want to live in luxurious retirement homes
PHOTO: AFP
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With more people living longer, it seems to make a lot of sense to start building more resort-like homes that come with good healthcare facilities for retirees who can afford to pay to live in comfort.
In London, for instance, retirement housing is turning into an up-and-coming area of British real estate, with Goldman Sachs Group and a growing cohort of investors betting on demand for luxury in later life.
