Currently there are more than 12m over 65s in the UK and this figure is expected to increase by 41% to nearly 18m by 20402. 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. This transaction is unique as it sees one of the largest UK pension funds investing directly into UK private social infrastructure. Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with over 1.4 trillion in total assets under management* of which a third is international. 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. Kier, Graham, Vistry, Wates and Willmott Dixon are among the contractors which have been awarded places on Inspired Village's construction partnership. 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. We'll assume we have your consent to use cookies for future visits once agreed. However, only 7,000 units are being delivered to market each year, so the disparity between supply and demand is vast due to complications in the planning stages. Click to enable/disable Google Analytics tracking. Legal & General Capital is the Groups alternative assets platform, investing shareholder capital for the benefit of society, to address environmental challenges and support inclusive economic growth to build a better future. The Kuma River has always been famous for the catching of Ayu fish, also known as sweetfish. In July 2020, there was massive overflowing of the Kuma river bank due to heavy rain, causing flooding in large areas of Kumamoto prefecture. 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. Cookie, The Kuma River and its watershed had a great role for developing the economy of the region by stabilising power supply. [17] Prime minister Abe assigned the aid of 400 billion yen as a support for repairing any damages as well as businesses affected by the flood. The Struggle over the Arase Dam: Japan's First Dam Removal Begins. [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. Facilities such as gyms and swimming pools have largely remained open to residents, under strict safety measures,such as single household booking,to promote physical wellbeing, with exercise classes also being led online. 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. Millfield Green will utilise a number of renewable energy sources, including using ground-source heat pumps from Kensa Group; a business which Legal & General took a significant stake in in 2020, Many over 65s struggle to pay their energy bills each winter. We want residents to enjoy the best years of their lives with us, employees to develop fulfilling careers with us, and for the local communities around our villages to benefit from being neighbours with us. 16 Jun 2020 Also, Mt. 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. This website is not designed to work on IE11, so for the best viewing experience please switch to an alternative browser. Mrs Osborne informs www.BetterRetirementHousing.com that "a good third" of the flats at Roseland Parc are empty. With an ageing society, we will soon have more people over 65 than under 18, but do not have the infrastructure, health-spend or social care to support this long-term demographic shift, exacerbated by a shortage of suitable later living options. Listing courtesy of Kirstyn Stroinski from Inspired Homes Indiana. The Kuma River and its surrounding areas are also enjoyed as a popular tourist site. The national level administrations of Ministry of land, Infrastructure, Transport and Tourism are in charge of management of the rivers of Japan. towards a paywall. 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 . 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. Inspired Villages Group Ltd, Unit 3, Edwalton Business Park, Landmere Lane, Edwalton, Nottingham, NG12 4JL. 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. Use the form below to reset your password. 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. Kiguchi, Y. With the support of partner Legal & General, Inspired Villages is set to develop a scheme with 146 age appropriate homes for over 65s, as well as state-of-the-art communal facilities open to residents and the local community. 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. The Arase dam was built on the Kuma River for the purpose of hydropower generation and control of water levels and flooding. Ichifusa, the highest mountain in the Hitoyoshi Kuma area, has 1,000-year-old high-quality cedars called Ichifusa cedars. Recently, it has become a spot where people can do trekking and forest therapy, and there are mountains all over the area where mountain climbing is possible. This was starkly evidenced in the recent Home Builders Federation report, Healthier and Happier3, which calculated that building an extra 30,000 retirement living homes would create a fiscal saving of 2.1 billion annually. As members of the federation, each SOS Children's Villages association is committed to applying the federation's statutes, standards for quality child care, and stringent financial and administrative practices. Investing in the real economy and supporting the Groups focus on climate and inclusive capitalism, LGCs investments create jobs, change lives and contribute towards a net zero carbon future. However, the ayu fish inhabiting around the dams have an average of 22cm in length, and weighed 103g while ayu fish inhabiting in the other sections of the river had an average length of 22cm and weighed 103g. L&G has also been building retirement villages in leafy rural areas since acquiring Inspired Villages Group . [citation needed] It splits into multiple channels before flowing to the Yatshushiro Bay. 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. Google: Google WebfontsGoogle MapsIP Queens & Long Island City State of the Market, New York Multifamily Development & Investment Conference. There is a need to provide a greater support to our older people within society and Covid has shown us that ensuring the health and wellbeing of our older people, whilst supporting our NHS and social care services, is paramount. Removal of the Arase Dam: Japan's First Attempt to Dismantle a Hydroelectric Dam and Restore the Original River Environment. From the delivery of diversified homes, to the regeneration of cities, we use our investments to build better futures, Climate crisis threatens UK health equality, The impact of climate change will be felt differently across the UK and could exacerbate health inequalities in physical and mental health, U.S millennials and home ownership research. Otherwise you will be prompted again when opening a new browser window or new a tab. 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. Seeing significant growth since its foundation, Inspired Villages currently operates six later living communities across the UK. By winning over the populace by sparing the existing Shinto shrines and Buddhist temples from destruction, they were able to successfully rule for a long time. Inspired Villages, established by Legal & General in 2017, is operating retirement communities that enable their residents to live healthier, happier, safer, and more independent and active lives. Click the link below to find out more. 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. Established in 1836, we are one of the UK's leading financial services groups and a major global investor. 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To do this were investing in long-term assets that benefit everyone from housing to renewable energy we call it inclusive capitalism. People often relied on the Kuma River for wet rice cultivation. This means the scheme will have significant benefits for the local areas health and social care system, while also freeing up the housing market for young families. Described by medical professionals as a silent epidemic, loneliness has profound medical implications. [6], The round shape of the Kuma River basin assists with water and sediment transport function. The membership body representing retirement communities. Due to age-appropriate design, wellness facilities and services which enable quality of life, studies have shown that living in a retirement community leads to a 46% decrease in the number of planned GP visits and residents experience a 31% decrease in planned hospital admissions. At Villa Inspired we believe that the ceiling is the first wall! Call us on 0800 138 0235 or click here to arrange a visit. [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. Impacts of the Sea Dike and Reclamation Project in Isahaya Bay on Baroclinic Structure in the Ariake Sea, Japan. Pros. View our latest results - making a difference through inclusive capitalism, View key facts and figures from our latest Annual Report - at a glance. [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). We continue tomake terrific progress through our partnership with Inspired Villages as we set out to revolutionise the later living offer in the UK and address the chronic shortfall in supply. 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. As Inspired Villages continues to mature and grow its portfolio, we are excited to be coming on board to support its expansion., Laura Mason, CEO of Legal & General Capital, said: At Legal & General, we are determined to use societys capital for societys benefit. 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. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}323000N 1303400E / 32.5N 130.5666667E / 32.5; 130.5666667, The Kuma River (, Kuma-gawa) is a river in Kumamoto Prefecture, central Western part of Kysh, Japan. Contact: +81.966.23.3080, Cookie, CookieCookieCookie Read our policy here. [9] There were also issues of cost maintenance of the Arase dam and the decline in the need of hydropower. [citation needed] The changes of water flow, water levels and the pollution of water caused the freshwater eels to leave the Kuma River areas. Established in 1836, we are one of the UK's leading financial services groups and a major global investor. Our organisation. Mozilla Firefox | 1348-1 Shiromoto, Nakagamimachi, Hitoyoshi City, Kumamoto Prefecture, 868-0085 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. In June 1836, six lawyers founded Legal & General - read our story from the very start. Sustainability and Inclusive Capitalism Report 2021, We see sustainability as a core business principle, and not an optional extra or a nice to do, Download all of our latest reports, including our Gender Pay Gap Report and Carbon emissions reporting criteria. SOS Children's Villages International comprises 118 national SOS Children's Villages associations. Please enjoy Sagara's 700 years of . As Approved Operators we aim to comply at all times with the ARCOConsumer Code. In this section you can read more about our vision and purpose and learn more about our businesses, our colourful history and our strategy. Join our mailing list to get all of the updates on our future events. It is fantastic to be partnering with NatWest Group Pension Fund who are aligned in this purpose. We are also a member of The Associated Retirement Community Operators (ARCO), the main body representing the Retirement Community sector in the UK. Planning permission for phase 2 of development at Inspired Villages 7-acre Ledian Gardens scheme in Kent, which adds an additional 50 apartments to the existing works. The Inspired Villages team are motivated by the admiration and respect they have for their residents, their families, and the lifestyle they desire and deserve. Hitoyoshi-Ku, 1348-1 Shiromoto, Nakagamimachi, Hitoyoshi City, Kumamoto Prefecture, 868-0085. 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. Bringing forward the UKs first operationally net-zero (regulated energy) retirement community is another string to this bow, creating savings for residents and clear environmental benefits as we progress towards a carbon-free future. 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 . 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. Later in the 20th century, the landscapes of the Kuma river started to change due to constructions of large dams, including the Ichifusa dam, the Setoishi dam and the Arase dam for the purpose of controlling water-related issues such as flood. [5] The Kuma River has 80 tributaries with its combined total length of 434km. Check to enable permanent hiding of message bar and refuse all cookies if you do not opt in. [5] The sediments of Kuma River originate from the Chichibu terrane and the Higo volcanic. Carbon can be offset by the contribution of on-site renewable energy generation. During the 1950s, the Kuma River gained attention of the Kumamoto prefecture when dealing with the issues the shortage of electricity supplies. [13] The ground vibration caused by the discharging of water led to the damages of houses along the dam site on the Kuma River. The upper stream of the Kuma River run through a steep gradient which later changes to medium gradient. Our purpose is to build a better society, while improving the lives of our customers and creating value for shareholders. [citation needed] One of the major tributaries of Kuma River is Kawabe River, joining Kuma river at Hitoyoshi city, Kumamoto prefecture. It is being delivered by Inspired Villages, Legal & Generals developer and operator of later living homes. 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. Legal & General has appointed nine contractors to a framework for its later living business Inspired Villages as it expands its development plans in the South east of England. Hitoyoshi Kuma is nationally recognized as the best place in Japan for cultural richness and warmth of its locals. We're not asking for your money. The Kuma River (, Kuma-gawa) is a river in Kumamoto Prefecture, central Western part of Kysh, Japan.It is sometimes referred as Kumagawa River. $280,000. Ranlund, C. (2017). Financial aid for the areas with crucial damage, as well as restoration of highways and other damages caused by the Kuma river flooding was outlined. Other major tributaries of the Kuma River include:[8] Kudagiri River, Yoshio River, Imo River (Japan), Mae River, Mune River, Hatomune River, and Ogawauchi River. Kuma Shochu is produced by 28 distilleries as a world brand, and there is a substantial amount of fruit, including Yamae chestnuts (Kuma chestnuts), which were presented to the Emperor of Japan. Kensa and Legal & General celebrate a greener future with official factory & office opening, The RBI was established to measure the UKs progress in levelling up on a quarterly basis. Copyright 2023 - Inspired Villages Group Limited. [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 announcement follows Legal & Generals 2020 commitment to make all its residential accommodation operationally net-zero from 2030. 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. The depot at Hitoyoshi Station was constructed in the Meiji period. Before flowing into the Yatsushiro sea, where a large tidal flat is formed at its river mouth. The delivery of Legal & Generals first net zero community is testament to the companys long-term vision for housing in the UK, where it has begun piloting energy-saving initiatives through design and operation. *Operationally Net Zero Carbon Regulated Energy Definition: Net zero carbon regulated energy is when the amount of carbon emitted through the use of controlled systems, on an annual basis, is zero or negative. With a strong social purpose, it is driven by the desire to keep residents healthier and happier for longer and take the pressure off our already overstretched NHS and care services. It is sometimes referred as Kumagawa River. Both the depot and the JR Yatake Station switchbacks are famous spots for railway enthusiasts. These net zero carbon villages will give their residents long-term security over running costs whilst helping to combat climate change. 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. Each Inspired retirement village gives you the opportunity to become part of something truly unique a vibrant community where people who want to get the most out of life do it together. 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. Seeing significant growth since its foundation, Inspired Villages currently operates six later living communities across the UK. [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. Legal & General paid 40 million for Inspired Retirement Villages, which has two sites in Warwick and Cheshire. Starting from approximately the Meiji era (1868-1912), slash-and-burn agriculture was active, in order to produce crops, including Japanese millet, azuki beans, sweet potato and taro. Registered in England and Wales: 10876791. our existing retirement village residents are saying, how moving to one of our retirement villages works. Facilities will include a restaurant, caf, library, wellness centre (comprising a fitness studio, gym and swimming pool) and cinema room. In this section you can read more about our vision and purpose and learn more about our businesses, our colourful history and our strategy. We want to take 15 seconds to tell you what's going on: Sound good? Our purpose is to build a better society, while improving the lives of our customers and creating value for shareholders. Call us on 0800 138 0235 or click here to arrange a visit. 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. [citation needed]. Our latest financial announcements, including full and half year results, AGM details, up and coming financial dates for your calendar, annual reports and information for shareholders. 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. Net zero later living communities, which help to tackle climate change whilst addressing years of underinvestment in our ageing population, do just this. Inspired Villages Group Ltd, Unit 3, Edwalton Business Park, Landmere Lane, Edwalton, Nottingham, NG12 4JL. We are also a member of The Associated Retirement Community Operators (ARCO), the main body representing the Retirement Community sector in the UK. Working with Legal & General, Inspired Villages has the support of . [citation needed], Despite being the habitat of various goby species, human activities have largely impacted to an extent in which many are threatened with extinction. Construction will be carried out by Willmott Dixon. Legal & General has thousands of new retirement homes in operation or development across the UK. The landscape of the Kuma river basin was subject to change from the later 17th century for economical and social development of its neighbourhood. Inspired Villages hires Legal & General's Halliwell as CFO. The river is also used for fishing, mainly in June, and for irrigation of nearby rice fields. Before flowing into the Yatsushiro sea, the Kuma River flows through the Hitoyoshi city, the Kuma village and the Yatsushiro city. By Ifeoluwa Taiwo 2021-10 . [10] These goby species include, as suggested by Japanese Red List, Taeniocides cirratus, Gymnogobius cylindricus, Gymnogobius scrobiculatus, Apocryptodon punctatus, Gymnogobius macrognathos, Periophthalmus modestus, Eutaeniichthys gilli.[10]. The tidal flat of the Kuma River estuary is approximately 1000 hectares. Hitoyoshi Kuma is a region with a wealth of nature, where the Kuma River, one of Japans three swiftest flowing rivers, flows through the middle of a perfect basin surrounded by mountains. 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. This ambitious pipeline has been cemented with the following deals achieved by Inspired Villages during lockdown: These schemes will create up to 500 jobs per annum while being constructed and once complete will create in excess of 250 operational jobs in total, giving a welcome boost to the local economies at a time of heightened need. [17], The Kuma River have also badly flooded in 1965, caused by heavy rainfall. View our latest results - making a difference through inclusive capitalism, View key facts and figures from our latest Annual Report - at a glance. 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. Having committed to delivering all new housing stock as operationally net-zero carbon by 2030, Inspired Villages broke ground on its first two net-zero carbon in regulated energy developments earlier this year. 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. We need you to know that security is our top priority and that we hold any information we have about you under lock and key. Hoyano, H. (2004). Local residents have commented that flooding have become worse after the construction of dams, where flooded water became more muddy or polluted.[3].