Unique Property Investment Group, specialising in government-funded assisted living, has teamed up with Knightsbridge-based WestOne Capital Group to boost supply in the sector.
The partnership is set to add 100 lease units per month to the assisted living market, a move expected to ease the pressure on the stretched sector.
Unique Property Investment Group CEO, Christian Woollard, emphasised the broader impact of the collaboration.
“This collaboration with WestOne Capital goes beyond expanding our investment portfolio,” he said.
“It’s about creating a more robust and diversified approach to addressing the critical need for assisted living facilities in the UK.
“By combining our strengths, we’re accelerating our ability to make a meaningful impact in a sector that urgently requires more capacity and innovation.”
The deal also aims to benefit clients with steady returns over a 36-month period.
Clients will receive income annually, with equity positions realised upon the sale of developed assets.
The partnership allows Unique Property Investment Group to speed up its operations, setting an ambitious target of delivering 2,500 assisted living units across London over the next two years.
Michael Gillett, Banking and Compliance Director at WestOne Capital Group, said the partnership was carefully chosen.
“At WestOne Capital, we pride ourselves on our thorough due diligence process when selecting partners,” he said.
“Unique Property Investment Group has demonstrated not only a strong track record in the assisted living sector but also a commitment to socially responsible business practices that resonate with our own values.
“The UK’s assisted living sector is facing an unprecedented supply-demand imbalance, and by joining forces, we’re not only creating value for investors but also helping to address this critical societal challenge.”
Both companies are committed to ensuring their projects deliver long-term benefits for communities and clients.
Unique Property Investment Group’s investment model includes securing long-term lease contracts, partnering with long-standing housing providers, and implementing risk management practices through the Property Redress Scheme (PRS) and The Property Ombudsman (TPO).
The partnership highlights the shared vision of both firms to overhaul the assisted living sector in the UK.
By boosting capacity and offering innovative investment solutions, they aim to meet the increasing demand for senior and special-needs housing.
The alliance also underscores a commitment to maintaining high socially responsible and operational standards.
The two companies believe their combined expertise and resources will make a significant impact on the assisted living sector, providing much-needed accommodation solutions while generating solid returns for investors.