PR

Beaufort supports Birchgrove retirement living scheme in Chiswick



Beaufort Capital has provided a senior debt facility to support the development of a new purpose-built Birchgrove retirement living scheme in Chiswick.


The scheme will deliver 50 later living apartments, comprising 40 one-bedroom and 10 two-bedroom homes, alongside resident amenities including a landscaped courtyard garden, restaurant, lounge and bar, and 24-hour concierge services.

A range of care and support services will also be available.

Construction on the former civic building is expected to commence in summer 2026, with completion targeted for summer 2028.

This transaction represents Beaufort’s sixth facility supporting projects within this established retirement living platform.

The sponsor was backed by Bridges Fund Management.

Steffan Goold, director at Beaufort Capital, commented: “We are pleased to support Birchgrove in delivering another high-quality later living scheme in Chiswick — a location where demand for well-designed, service-led accommodation significantly outweighs supply.

“This transaction reflects both the strength of our relationship with the sponsor and our conviction in the long-term fundamentals underpinning the later living sector, particularly in supply constrained urban markets.”

Honor Barratt, chief executive at Birchgrove commented: “We are delighted to be bringing our next retirement living scheme to Chiswick, a vibrant and highly sought-after location where there is a clear need for high quality, flexible later living accommodation.

“We are delighted to continue our long-term funding partnership with Beaufort Capital, whose considered, supportive and flexible approach to financing has helped enable the progression of this scheme.”



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