Seniors housing developers compete for Global Award

NEW YORK: The five hundred and ninety-eighth entry for the seniors housing Global Awards for 2015 has been received.

LaSalle Investment Management and developer Dandara have completed a deal that will deliver Scotland’s first large scale institutional PRS scheme at a major site in Aberdeen.

LaSalle has purchased Forbes Place for a price just under £60 million from Dandara and will retain the residential specialist for ongoing facilities management of the units at the development, including providing a 24/7 onsite presence.

Forbes Place is a mixed development of 292 apartments and townhouses at Dandara’s historic Stoneywood estate in the energy capital of Europe.

Global Over 50s Housing/Healthcare Awards.

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