Creating 146 new homes, this planning approval is the fourth achieved by Inspired Villages since lockdown began bringing the total number of consented new homes secured this year to 788. L&G's 2bn retirement homes plan could 'revive UK's high streets' These include construction of dams damaging the habitats of natural species, as well as deforestation of the Kuma river basin due to paper industry. We provide a vast array of faux finishes from wall glazes, faux stone, marble, wood graining, aged crackle, painted and raised stencil, metallic . Girlings: Renting in a retirement community could help isolated elderly, Oldies should sell up and boost retirement housing, says Demos (in report paid for by developers), Plenty of opportunities to load the bill, Luxury Retirement Villages in Warwick & Cheshire | Inspired Villages, Shelter dumps the Campaign for Housing in Later Life, APPG July 11: Robust debate over retirement ground rents and event fees, Latest news from Leasehold Knowledge Partnership, Dismal picture of leasehold emerges from MPs debate. We need you to be cool with us holding onto your email address (if we already have it) and for us to email you about commercial real estate news and events. [3] The Kuma River begins its course from Mount Choushigasa flowing primarily through Kumamoto prefecture, leading to the Yatsushiro Bay. Kiguchi, Y. At least 50 people have been found dead and 11 people missing due to this flood. But as we accelerate building, we have to avoid stoking up a climate crisis which will create another serious emergency. It then empties into the Yatsushiro Sea at Yatsushiro. Tourists are attracted to Ayu fish or sweetfish which inhabits at the Kuma river and some of its tributaries, where many people especially enjoy shaku-ayu. Inspired Villages Real Estate London, London 6,298 followers We deliver award-winning villages for later living in partnership with Legal & General and NatWest Group Pension Fund. Our purpose is to build a better society, while improving the lives of our customers and creating value for shareholders. They talk about how delivering a net zero product and securing investment go hand in hand, how Inspired Villages aims to become operational net zero by 2025, the legacy the business wants to create, and more. We're not asking for your money. The upper stream of the Kuma River run through a steep gradient which later changes to medium gradient. It is sometimes referred as Kumagawa River. Actually, we started our journey from Hakata to Kumamoto via Shinkansen, then "Steam Locomotive Hitoyoshi" (SL, a traditional steam train) to Hitoyoshi, right after "Isaburo Shimpei" to Yoshimatsu, also "Hayato No Kaze Express" to Kagoshima Chuo Station. The number of residents of Sakamoto Village (located near the Arase dam), was once nearly 20,000, however, decreased to less than 5000. Click to enable/disable Google Analytics tracking. [2] In 2020, the flooding of the Kuma River was a major incident in which a number of people from nearby areas were killed or seriously injured. This website is not designed to work on IE11, so for the best viewing experience please switch to an alternative browser. Due to its characteristics as a basin, Hitoyoshi Kuma has dramatic changes in temperature. Inspired Villages hires Legal & General's Halliwell as CFO Established in 2017 by long-term partner Legal & General, Inspired Villages operates and develops later living communities in suburban and rural locations across the UK.Each village offers beautiful, age-appropriate homes with vibrant communities at their heart that enrich the lives of both residents and locals thanks to the numerous wellbeing facilities and activities on offer. Mozilla Firefox | The Kuma River is a popular tourist spot. The depot at Hitoyoshi Station was constructed in the Meiji period. [6], The round shape of the Kuma River basin assists with water and sediment transport function. Seeing significant growth since its foundation, Inspired Villages currently operates six later living communities across the UK and is set to add to the portfolio with a further 2,500 homes over the next six years. As with all websites, we use cookies. The local fishermen have also mentioned that the weather loach (misgrunus anguillicaudatus), the Chinese soft-shell turtle (pelodiscus sinensis) and the Japanese rice fish (oryzias latipes) were often seen in the Kuma River before the construction of dams. From the JR Hitoyoshi station, catch a taxi to the Hitoyoshi Craft Park in Ishino Park. UK, 26th July 2021: Award-winning later living developer and operator, Inspired Villages today unveils plans to significantly increase its portfolio of retirement villages, thanks to a 500m investment boost from Legal & General and NatWest Pension Trustee Limited, the defined benefit pension scheme of NatWest Group. Broadening the range of growth assets that pension money can access is an important step forward for the UKs growth agenda and economic future, allowing our countrys savings to support the UK in building back better, address climate change and tackle the major issues society is facing. Queens & Long Island City State of the Market, New York Multifamily Development & Investment Conference. In June 1836, six lawyers founded Legal & General - read our story from the very start. Local residents have commented that flooding have become worse after the construction of dams, where flooded water became more muddy or polluted.[3]. The tidal flat of the Kuma River estuary is approximately 1000 hectares. [citation needed]. Inspired Homes: Your Michiana Real Estate Resource Legal & General Capital - Housing This transaction is unique as it sees one of the largest UK pension funds investing directly into UK private social infrastructure. Legal & General Affordable Homes forms a subsidiary of Legal & General Capital, which invests capital into sectors where there has been a shortage of investment and innovation, focusing on growth opportunities and scale ups.. Seeing significant growth since its foundation, Inspired Villages currently operates six later living communities across the UK. We'll assume we have your consent to use cookies for future visits once agreed. Share price 263.90p at 19:25 on 4 Mar 2023. Kier, Graham, Vistry, Wates and Willmott Dixon are among the contractors which have been awarded places on Inspired Village's construction partnership. Share price 263.90p at 19:25 on 4 Mar 2023. Brink, K., Gough, P., Royte, J., Schollema, P. P. & Wanningen, H. (2018). However, there are currently only 78,000 later living homes in this country and only around 7,000 new units delivered each year. [7], Shinzo Abe, a former Japanese prime minister responded to the flooding of the Kuma river by visiting the areas affected and assessing the aid needed. Along with the added benefit of flexible, on-site care, Inspired Villages provides an outstanding lifestyle choice that promotes independent living for longer.As a best-in-class operator, Inspired Villages was named Retirement Living Operator of the Year at the Resi Awards 2019, and Property Investor of the Year at the HealthInvestor Awards 2019.https://www.inspiredvillages.co.uk/. About 70,000 tourists take a ride on the river every year. [citation needed], It is considered to be one of the three most rapid rivers of Japan (the other two being the Mogami River and the Fuji River). The tidal flat of the Kuma River estuary is approximately 1000 hectares. "We have to Build Back Better after Covid-19 and the housebuilding sector provides both jobs and vital economic resilience. Legal & General's later living business, Inspired Villages, achieves Housing for an Ageing Population by Professor Les Mayhew, ARCO and CSFI, https://www.hbf.co.uk/news/homes-later-living-healthier-and-happier-report, https://www.ageuk.org.uk/our-impact/policy-research/loneliness-research-and-resources/?_sm_byp=iVVP8bqH77P7Jk8H, Planning permission for a 270-home, 215m scheme in Kingswood, Surrey, which will be one the biggest retirement villages in the UK once complete, Planning permission for a 130-home, 60m scheme in Turvey, Bedfordshire, A site acquired with outline planning permission for a 200-home, 120m retirement village in Caddington, Bedfordshire. Construction will be carried out by Willmott Dixon. It also has the Kawabe River, which boasts the highest water quality in Japan for 13 consecutive years, and is blessed with a variety of agricultural products, freshwater fish, and livestock. Legal & General has invested over 29bn in levelling-up regional economies, including through major UK-wide regeneration schemes and has recently made a commitment to enable all its new homes to operate at net zero carbon emissions from 2030. As with all websites, we use cookies. Registered in England and Wales: 10876791. our existing retirement village residents are saying, how moving to one of our retirement villages works. The new net-zero retirement community, Millfield Green, is located in Caddington, central Bedfordshire, and will bring forward 200 specialist age-appropriate homes over four phases, with a Gross Development Value of 120m. Impacts of the Sea Dike and Reclamation Project in Isahaya Bay on Baroclinic Structure in the Ariake Sea, Japan. Microsoft Edge, Legal & General Investment Management America, Charity stakeholders and collaborative partners, Workforce diversity and gender pay gap data, ESG global research and engagement groups (GREGs), How LGIM integrate ESG into the investment process, Responsible and sustainable investment report 2022, Legal & General Investment Management Asia, Legal & General Investment Management Japan. "Contextual Factors Affecting the Modes of Interaction in Governance: The Case of Dam Removal in Japan", "Assessment of dam removal from geochemical examination of Kuma River sediment, Kyushu, Japan", "Environmental change of the fluvial-estuary system in relation to Arase Dam removal of the Yatsushiro tidal flat, SW Kyushu, Japan", "Kuma River flooding in SW Japan surpassed level of floods dating back to 1965", "Arase Dam: Japan's First Dam Removal Project Underway", "Habitat suitability of eight threatened gobies inhabiting tidal flats in temperate estuaries: model developments in the estuary of the Kuma River in Kyushu Island, Japan", https://en.wikipedia.org/w/index.php?title=Kuma_River_(Japan)&oldid=1140402318, Short description is different from Wikidata, Articles containing Japanese-language text, Articles with unsourced statements from November 2020, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 19 February 2023, at 23:22. Click to enable/disable essential site cookies. Google, , Click here for the Sagara 33 Statues of Kannon, Click here for recommended local specialties, Cycling in Hitoyoshi-Kuma in the Summer (Complete, One of the best ways to explore the Hitoyoshi-Kuma, Cycling in Hitoyoshi-Kuma in the Summer (Cycle Tra, Cycling in Hitoyoshi-Kuma in the Spring (Complete, Cycling in Hitoyoshi-Kuma in the Spring (Renting a, Hitoyoshi-Kuma Cycle Route (Spring Tea Fields) Inspired Villages hires Legal & General's Halliwell as CFO. With a commitment to grow the portfolio to 34 sites, housing around 8,000 residents, the deal enables Inspired Villages to scale its impact in addressing the considerable shortage of appropriate housing for older people in the UK. 10875 Pewamo Drive. Seeing significant growth since its foundation, Inspired Villages currently operates six later living communities across the UK. ", Download the full press release here (PDF: 379Kb). In our first episode our head of senior living, Dominic Morris, is joined by Jamie Bunce, CEO of Inspired Villages. Legal & General plans to build 3,000 retirement homes in city centres across the UK . Copyright 2023 Bisnow. 16 Jun 2020 Inspired Villages secures investment from Legal & General and NatWest Inspired Villages | 6,285 followers on LinkedIn. Retirement 'village' at Kingswood Legal and General site approved Copyright 2023 - Inspired Villages Group Limited. L&G begins construction of Elderswell retirement community (GB) - Europe Re The Kuma River and its watershed covers nearly 25% of the entire area of Kumamoto Prefecture, and it is the largest river in the prefecture. "Mass transfer processes and impact on the geochemistry of terrestrial, estuarine and marine environments in Sri Lanka and SW Japan." Both the depot and the JR Yatake Station switchbacks are famous spots for railway enthusiasts. Mozilla Firefox | Our new JV with NatWest Group Pension Fund is a tremendous validation of the growth of Inspired Villages as an operator of later living communities. The Kuma river is also known in relation to the Arase dam due to its removal project being the first dam removal in not only Japan but the whole of Asia. Inspired Villages was established in 2017 when the founding members entered into a partnership with Legal & General to operate and develop later living communities in suburban and rural locations across the UK. . Halliwell is transferring to Inspired Villages from his current role of CFO at Legal & General Capital which he has held for the last five years. The Kuma River has always been famous for the catching of Ayu fish, also known as sweetfish. It is the longest river in Kyushu, with the length of 115km long and has a drainage area of 1,880km2 (730sqmi). Together, these underpin our leading retirement and protection solutions: we are a leading international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. 3 dams were built on the Kuma River. This is not a step Operating over long investment horizons and as responsible investors, Legal & General and NatWest Group Pension Fund are aligned in their desire to back investments that deliver a positive environmental and social impact. The completion of the Arase dam was in 1955, the Setoishi dam in the 1958, and the Ichifusa dam in the 1959. It is fantastic to be partnering with NatWest Group Pension Fund who are aligned in this purpose. Use the form below to reset your password. Millfield Green will use renewable energy generation through on-site photovoltaics, EV-charging, improved building fabric and insulation, Mechanical Heat Vent Recovery units and ground-source heat pumps through Kensa Group; a business Legal & General took a significant stake in last year. Would you like print copies, app and digital replica access too? On this Wikipedia the language links are at the top of the page across from the article title. [citation needed] It splits into multiple channels before flowing to the Yatshushiro Bay. Among its aims are minimising conflict, enhancing quality of life, and providing access to health and education services, through the consistent application of best practice, legislation and. Retirement Villages, which was bought by insurer AXA for around 100 million in 2017, owns and manages 16 sites around the country, with 2,000 residents, and has a further five committed new sites mainly in the South East. Q&A: Hilltop founder on tough climate for SME developers, Interview with WIPs Chithra Marsh: A focus on people, Martyns Law brings sweeping changes for property owners, Q&A: Five minutes with Tamsin Traill, regeneration director at developer Kajima, Employees need workspaces that work for them in 2023, Knight Frank expands its valuation and property asset management teams, KPMG UK appoints Shields as head of real estate corporate finance, Student conference hears ESG is prime concern in PBSA sector, Student Accommodation Awards winners crowned, Four FREE articles of your choice per month, Breaking news, comment and analysis from industry experts as it happens, Choose from our portfolio of email newsletters. Hitoyoshi Kuma is nationally recognized as the best place in Japan for cultural richness and warmth of its locals. [3] Difficulty to catch the Ayu fish also led to relocation of local residents around the Kuma river. Inspired Villages - Commercial Real Estate News - Bisnow ", Phil Bayliss, CEO of Later Living at Legal & General Capital, "Todays news represents Legal & Generals first steps towards enabling all new homes to be operationally net carbon neutral within a decade, reducing the emission of many tonnes of greenhouse gasses, whilst saving customers money and meeting the needs of investors who increasingly focus on sustainable solutions. [citation needed] The changes of water flow, water levels and the pollution of water caused the freshwater eels to leave the Kuma River areas. Gypsy and Traveller Services | Leicestershire County Council Our latest press releases, research reports and multimedia. The Kuma River and its surrounding areas are also enjoyed as a popular tourist site. Make new friends, discover new hobbies, spend time enjoying the exceptional facilities and explore the world around you. Legal & General has announced that its later living business, Inspired Villages, has started construction at Elderswell, its 66.6m (60m) later living scheme in Turvey, Bedfordshire. Inspired Villages has achieved outline planning permission to deliver a 100 million retirement community on the edge of Tunbridge Wells. The Kuma River and its tributary Kawabe river is known for its shaku-ayu, a very large ayu having a length of 30cm which attracts many of its tourists. Enter your email below. Trapped in a Retirement Villages site: once you are in, how do you escape? Its time to re-think retirement; what it means, what it signifies what it has to offer you now and in the years to come. We can create custom designs using hand painted and ornate moldings to beautifully transform this often neglected space. Villa Inspired Custom Painting and Finishes | San Diego Custom Paint We will email you a link to reset your password. It is the only major and the largest river connected to the Yatsushiro sea. It is the longest river in Kyushu, with the length of 115 km long and has a drainage area of 1,880 km 2 (730 sq mi). We believe in the power of opportunity; the opportunity to think differently about the way we live as we get on in life to make new friends and make new memories. [13] The ground vibration caused by the discharging of water led to the damages of houses along the dam site on the Kuma River. Through this like-minded strategic partnership, we are able to scale our investment in this important emerging asset class, paving the way for further pension money to follow and increasing our societal impact., Robert Waugh, CEO of NWPTL, commented: The investment potential of the later living sector is substantial as the need to support our ageing population increases. In keeping with Inspired Villages ethos of creating communities in and around its villages, many of these facilities will be available to both residents and the local community. Our latest press releases, research reports and multimedia. Reflecting on our achievements set out within the pages of our Annual Review 2021-22 makes me feel very proud, and hope you enjoy reading it too.. In addition, cooked meals from the village restaurants have been available to be delivered directly to residents. Our retirement community model focuses on holistic wellness, encouraging this in older people by providing suitable, safe, secure and stimulating environments, helping them live good, healthy, independent lives for longer. Legal & General Capital (LGC) is Legal & General Groups alternative asset platform, creating assets for Legal & General Retirement and third-party clients in order to achieve improved risk-adjusted returns for our shareholders. $280,000. Also, the local Kumagawa Railroad has the only active station in Japan with kfuku, or happiness, in the name of its station, Okadome Kfuku Station. Inspired Villages Group (IVG), an operator and developer of later living accommodation established by Legal & General in August 2017, announces the acquisition of Ledian Farm, Leeds Village in Kent, as it continues to deliver its ambitious growth plans to provide service-led later living communities across the UK to meet the needs of the most underserved housing sector. towards a paywall. We are reshaping Britain's towns and cities. Work With Us | Affordable Homes | Legal & General Legal & General grows residential pipeline to tens of thousands of homes as it adds two new retirement schemes to its portfolio, Legal & General brings forward UKs first net-zero carbon retirement community* through Inspired Villages. Bob Johnson, Americas First Black Billionaire, Says White Execs Have To Work Harder On Diversity, University Of Florida Halts West Palm Beach Campus Plans Amid Dispute With Billionaire, JLL Plans More Layoffs This Year As Profits Shrink, Amazon Scales Back Warehouse Portfolio Again, Lawsuit: Real Estate Firm's Employees Used Recruiting Events To Drug, Sexually Assault Women. [3], In the past, there have been constructions of three dams on the mainstream of Kuma River, which are, in the order from the estuary, the Arase dam, the Setoishi dam and the Ichifusa dam. The Arase dam was built on the Kuma River for the purpose of hydropower generation and control of water levels and flooding. The site has been secured with outline planning permission to develop 151 new specialist age-appropriate homes. We are also a member of The Associated Retirement Community Operators (ARCO), the main body representing the Retirement Community sector in the UK. Inspired Villages operates and develops beautiful, age-appropriate homes within vibrant communities in suburban and rural locations across the UK. To support an increase in health span and ageing wellness, when complete, Millfield Green will benefit from a restaurant, caf, wellness centre (including a swimming pool, fitness studio and gym), library and cinema room. Located in Bedfordshire and Hampshire, together they are bringing forward over 350 energy efficient homes a first for the UKs later living sector. River in Kumamoto Prefecture, Kysh, Japan. Jamie Bunce, CEO of Inspired Villages, said: NatWest Group Pension Funds desire to co-invest is a fantastic testament to our companys vision and hard work. Google Chrome | [14], Due to severe impacts on the environment of the river, such as the disappearance of particular species, there have been debates over dam constructions from the 20th century. Even before the pandemic, more than two million people in England over the age of 75 lived alone and more than a million older people said they go for a month without speaking to a friend, neighbour, or family member. Inspired Villages Group Ltd, Unit 3, Edwalton Business Park, Landmere Lane, Edwalton, Nottingham, NG12 4JL. Cookie, As of August 2021, and after four years of phenomenal growth and numerous awards, we are backed by a joint venture partnership between Legal & General and NatWest Group Pension Fund. Inspired Villages Group Ltd, Unit 3, Edwalton Business Park, Landmere Lane, Edwalton, Nottingham, NG12 4JL. That means no day is the same at Inspired Villages and 2021-22 was, unsurprisingly, a busy and eventful 12 months for us. Legal & General snaps up Inspired Retirement Villages Our purpose is to build a better society, while improving the lives of our customers and creating value for shareholders. Our news is free and we intend to keep it that way. During the 1950s, the Kuma River gained attention of the Kumamoto prefecture when dealing with the issues the shortage of electricity supplies. Investing from Legal & General's principal balance sheet, Legal & General Capital's purpose is to generate long-term shareholder value by injecting new capital into key . The new net-zero carbon (regulated energy) development will have a positive long-term impact on running costs, which will be unaffected by external suppliers future cost rises. [13] The Arase dam was constructed as the first step of the Kuma River General Development Project in 1951. Along with the added benefit of flexible, on-site care, Inspired Villages provides an outstanding lifestyle choice that promotes independent living for longer. View our latest results - making a difference through inclusive capitalism, View key facts and figures from our latest Annual Report - at a glance. NatWest Group 's pension scheme NatWest Pension Trustee Limited (NWPTL) and Legal & General have today launched a joint venture (JV) to deliver net zero 'later living' homes. Young, Sansfica M. (2013). Read more about our sustainability strategy, the work we do with charities, our D&I priorities, and how we are tackling climate change. The health and happiness of their residents are at the heart of everything they do, with the promise of a life less ordinary for today's generation of retirees. During this time, the Kuma river was utilised as an important site for transportation in association to business, connecting the Yatsushiro city and the Hitoyoshi city. Otherwise you will be prompted again when opening a new browser window or new a tab. We need additional data to finish your registration. Established in 1836, we are one of the UK's leading financial services groups and a major global investor. [13] Fishing of ayu is generally done from early summer to fall, economically assisting the locals in the surrounding of Kuma river especially for those running inns and restaurants. The membership body representing retirement communities. NatWest Group Pension Fund is closely aligned with our sustainability goals, so partnering with them will allow us to continue to lead the sector, delivering net zero carbon later living communities which will make a real difference to the way we live and age in future., Phil Bayliss, Chairman of Inspired Villages, commented: Covid has shone a light on the role that later living communities play in our society, further rocket-fuelling demand for high quality, aspirational later living accommodation. According to U-Switch research, many over 65s struggle to pay their energy bills in winter, with 40% saying they can only afford their bills if they make spending cutbacks in other areas. The three companiesInspired Villages, Legal & General Capital, and Willmott Dixonhave come together to build The Millfield Green development, which will consist of 200 apartments. Millfield Green is set to create around 1,100 jobs through construction and operation. Registered in England and Wales: 10876791. [14] As a result, the removal of the Arase dam was decided in 2019, and its removal process began in early 2012, gaining much of its attention as the first ever dam removal in Japan . The village teams have also organised socially distanced gatherings for coffee and wine on resident balconies and patios, arranged walks and socially distanced exercise classes in the spacious grounds of the villages, and made regular buddy calls. L&G secures site for second Hampshire senior living c Legal & General announces that it has started on site to deliver its first operationally net-zero carbon (regulated energy) development* (net-zero), which will be the UKs first net-zero retirement community. The deal supports Inspired Villages next stage of growth as it scales up its ambitions to build net zero carbon later living communities across the UK. Legal & General paid 40 million for Inspired Retirement Villages, which has two sites in Warwick and Cheshire. Can the private sector get up to speed on EV charging demand? Kier and Wates among contractors to land roles at L&G's - Building