Independent Retirement Living and Extra Care
Dukemount is widening its focus within the property sector with the addition of Independent Retirement Living and Extra Care.
Dukemount is in advanced discussions with a number of parties involved in this area and has once again partnered with architects HLP Design who are internationally renowned for their work in this sector and MDA consultants. To extend the range of its long-dated income proposal, and the size of the projects, the board has completed its due diligence on the retirement and extra-care sector creating DKE Care and Leisure Ltd (DCL). DCL will not be the operator in either of these two sectors but will seek expert operators in each sector on a project-by-project basis.
An interesting development in these talks has been with universities who offer nursing degrees. We have proposed developing retirement villages and extra care accommodation either on campus or close to the universities, potentially freeing up capital for them and offering valuable practical work experience for their students.