Three companies put together investment fund to build retirement villages across UK.
A new venture to develop retirement homes has been set up by HickLife Retirement Developments, Caddick Senior Living and the Bank of Scotland.
The firms have a £60m fund for the construction and operation of retirement villages, and the first is now under construction in Hedon, East Yorkshire.
Each village will offer a range of properties for sale or rent and will include a restaurant, gym, bowling green, tennis court, hair and beauty salon as well as IT and craft rooms.
Care facilities and state of the art security and communications systems will be also provided.
