A joint venture between Audley Group, the UK luxury retirement village provider, Schroders Real Estate and alternative lender Octopus Real Estate has completed on a £47 mln (€54 mln) development finance facility with Silbury Finance to fund a new 74-apartment Audley retirement village in Cobham, Surrey.
Big pension funds, insurers and major asset managers intensified their investment activity in the week before Expo, with well over €2 bn of real estate changing hands.
