Funding / Real Estate
INVESTING Individual Investor Financial Adviser Institutional Investor FUNDING Entrepreneur Real Estate
Care Homes Reading time: 2 mins

Ground-breaking Ceremony at Brendoncare St Giles View

1 Jul 2021

Winchester-based charity, The Brendoncare Foundation, is pleased to formally mark the construction of its 60-bedroom nursing and dementia care home development in Winchester with a ground-breaking ceremony on 27 May 2021.

The new home, Brendoncare St Giles View, is in the St Giles Hill area of Winchester. It has been custom designed by Octopus Real Estate’s in house healthcare development team for Brendoncare who will lease and operate the new home.

Brendoncare St Giles View is being built by Real and will be finished to the highest specification, with facilities including 60 purpose-built, en-suite bedrooms, a café/restaurant, a hair and beauty salon and a community hub. The community hub will be open to residents, their families, and the local community. There will be social groups, exercise activities, community walks and carer support services. Community support services will also be provided for people who may need extra help in their own home to enable them to continue living independently.

Marianne Wanstall, Chief Executive at Brendoncare, commented:

“The ground-breaking ceremony marks the first milestone in the construction of the new care home. We are absolutely delighted that work has begun. The new home will provide much needed support for older people in Winchester, offering nursing, dementia, residential, respite and end-of-life care.

“The care home will provide a secure and safe environment for our residents and our community hub will offer services for local people to help prevent social isolation and loneliness.”

Phillip Sykes, High Sheriff of Hampshire and Brendoncare Trustee, said:

“This is an exciting project for Brendoncare and we are looking forward to being able to continue providing high quality services for our residents and the local community within the new development.”

Michael Toft, Senior Fund Manager, at Octopus Real Estate, commented:

“Reaching such an important milestone for the project is great encouragement for the development. It is an exciting project which pulls together the specialist development and investment expertise within Octopus Real Estate and will deliver a high-quality care home for the local community in Winchester. We’re delighted to be developing and funding this new, best-in-class care home for Brendoncare.

“We have worked closely with Brendoncare to make sure the home is designed to the highest standard meeting their bespoke requirements. Brendoncare’s knowledge of the local area has been invaluable and we hope to strengthen our relationship and work together on future new homes.”

Andy Heyes, South West Regional Director at Real, said:

“It is fantastic to get on site and see the careful planning and pre-construction work allowing us to swing into action. As a specialist contractor building older people’s housing, we know the importance of, not only building more homes to meet the wide range of older people’s needs, but ensuring those homes are built to the highest standards. We know just how crucial this is to Brendoncare and Octopus and we are 100% focused on building homes we can all be proud of.”

The ground-breaking ceremony was attended by Phillip Sykes, The High Sheriff of Hampshire and Brendoncare Trustee; Marianne Wanstall, Chief Executive at The Brendoncare Foundation; Benjamin Davis, Chief Executive and Michael Toft, Senior Fund Manager, both from Octopus Real Estate; and Andy Heyes and other representatives from Real Ltd.

The new care home is due to open in the summer of 2022.

Brendoncare is proud of its ‘Care for Life’ promise which means that no one will have to leave their Brendoncare home because of a change in financial circumstances.

Related articles

PIC invests £200 million in the UK retirement villages joint ventures with Octopus Real Estate
News
12 Jul 2022

PIC invests £200 million in the UK retirement villages joint ventures with Octopus Real Estate

Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension schemes, today announces it is making a £200m equity investment to fund the development and operation of around 10 new retirement communities across the country. The Fund, Senior Living Investment Partners, is a joint venture between PIC and leading specialist real estate lender and investor, Octopus Real Estate
Our new partnership with Homes England, Greener Homes Alliance
News
21 Oct 2021

Our new partnership with Homes England, Greener Homes Alliance

Octopus Real Estate have partnered with Homes England, the Government’s housing delivery agency, to create the Greener Homes Alliance. The new Alliance commits £175 million, providing both loan finance and expert support to SME housebuilders, enabling them to build more high quality, energy efficient homes throughout England.
Share