Construction company GRAHAM has delivered Royal London Asset Management’s £44m ($53.46m) Wycliffe Retirement Village development in Buckinghamshire, England, UK.

UK-based real estate company Audley Group will operate this retirement village now work has been completed.

Spread across an area of 25 acres, the property includes 156 accessible living units split across five residential complexes, offering landscape views of the surrounding countryside environment.

The project saw GRAHAM build a central clubhouse on the site, which provides common amenities such as reception services, a restaurant, a swimming pool, treatment rooms, and a hobby area.

In addition, the landscape features a kitchen garden, a bowling green, and walking routes.

GRAHAM projects director Guy Salazar-Lewis said: “We have enjoyed a longstanding collaboration with Audley, spanning several years, on various retirement villages located in Wycliffe Park, Scarcroft, and Cobham.

“These establishments boast an exceptional array of amenities, reflecting our commitment to creating a thriving community for older people.”

Presently, GRAHAM is providing Audley with work valued at a total of more than £100m across three locations. These include the aforementioned Wycliffe Retirement Village development, the Cobham Retirement Village, and the upcoming Scarcroft Park.

Audley Group development project manager Alan Renshall said: “Demand for integrated retirement living options is as strong as ever so it’s essential we continue to build and operate villages that are designed so people can live better, for longer, by focusing on health and wellness in a holistic way.

"That’s exactly what we have at our 19 villages across the country.”

These projects are being financed via a joint venture with Schroders’ real estate division and healthcare real estate investor Octopus Real Estate.