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Asset Homes, Columbia Pacific Communities in partnership for senior living projects

Wednesday, 21 Feb 2024
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Pioneering real estate developer in Kerala Asset Homes is expanding its portfolio in the luxury senior living segment. In a strategic move to incorporate global expertise into its offerings, Asset Homes has signed a memorandum of understanding (MOU) with Columbia Pacific Communities to operate the ‘Young @ Heart’ Senior Living projects across Kerala.

Asset Homes plans to roll out four projects in the initial phase of this partnership, located in Thiruvananthapuram, Kottayam, Kochi and Kozhikode. These luxury projects encompassing around 1000 units are slated for launch in Q1 of 2024-25. This partnership aims to set a new benchmark in senior living by offering internationally acclaimed standards in design, construction, amenities, and services, for a worry-free retirement life.

Columbia Pacific Communities, a subsidiary of the Seattle-based Columbia Pacific Group, with experience in constructing, managing, and operating senior living communities across the globe, including in the USA, China, Canada, the UK, Malaysia and India. Asset Homes has introduced four distinct categories to cater to various life stages and preferences.

These range from 'Selfie Apartments' for young singles and students, to 'Down to Earth' residences for young couples and professionals, and 'Exotica' homes for those seeking luxury living. The new 'Senior Living' category is designed as a sanctuary for retirees, focusing on their comfort and needs post-retirement.

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