2024 AGENDA
Property Week's Later Living Conference presents a unique opportunity for attendees to network with prominent industry experts and gain valuable insights into the latest developments in the later living sector.
Take a look at the 2024 agenda!
Welcome Remarks: Lem Bingley, Editor, Property Week
A comprehensive market outlook considering the latest key trends and drivers in the retirement living sector, how they affect current performance and the expectations for further growth
- Addressing key figures and trends, sales velocity, growth in rental, the impact of market volatility and inflation on the sector
- Exploring the diversity of markets and the importance of addressing different segments, including the middle and mass market
How current leadership teams have been created, understand their journey, the challenges they have faced and their view on following key questions:
- What keeps them awake at night. How to bring good talent and what skills do they need today
- What needs to be done to scale up the market? How to build larger communities (150-250 units)
- The challenges and opportunities related to achieving sustainable growth in the retirement housing industry
- Explore the barriers to market entry for new operators
- Industry collaboration for overcoming challenges
Moderated by: Iain Lock
The session will explore the demographics of residents, payment methods, tenure options and factors influencing the choice of senior living now and in the future
- Current trends in tenants’ behaviour
- How well are customer profiles understood
- What drives tenants' behaviour for the top, mid and lower segments of the sector?
- How can technology be leveraged to create leading experiences in senior living?
- How to improve the customer journey to increase occupancy
Moderated by: Victoria Mager
The session will examine the current definition of the mid-market and its significance in retirement housing and how to unlock mid-market potential as well as the latest progress of government initiatives
- Older People's Housing Taskforce - where are we now?
- The ways the quality and quantity of the older people's housing market can be expanded
- Exploring the need for design revisions to cater to the middle market’s preferences and affordability
- How to creating communities that facilitate social interaction and well-being
- How to navigate the planning process
Moderated by: Paula Broadbent
Find out why that when the operational and development phases are taken together, it leads to a competitive customer proposition, along with good IRRs.
Imagine a future where age is not a barrier, but a gateway to new horizons. A future where technology enables people to maintain their health, their independence and their dignity, well into later life. This is the vision of ISO 25553, a new global standard framework, relating to the design, creation, operation and maintenance of mixed tenure ‘Smart Multigenerational Neighbourhoods’, where young and old, disabled and able, can co-exist in technologically enabled housing. Find out what it’s all about, how it could benefit your business, and have your say before the standard is finalised.
Existing investors discuss their investment strategies, experiences, and future plans for growth in the senior living sector.
- What is the latest investor engagement in the senior living sector?
- Key investment challenges for the sector and which investment metrics are needed to navigate challenges effectively.
- Strategies for long-term investor engagement amidst rising development costs and housing market deflation
- How the sector can be made more attractive to investors by aligning with risk profiles and addressing barriers for new operators. What investors are looking for?
- DMF: how do investors look at the DMF? Can any value realistically be ascribed to the DFM when a DMF income stream has never been traded in the UK? Are investors automatically ascribing a £0 value to the DMF when looking at a scheme with one?
Moderated by: Kyle Holling
Discussing the challenges and opportunities in financing the sector. Do we need two type of capital to fund and develop?
Moderated by: Kyle Holling
Exploring the differences in rental models, rental vs DMF, and focusing on rentals benefits
- Review of the benefits for providers and consumers in senior living communities.
- Evaluating challenges in the sales market and the relative manageability of rental properties.
- Underwriting of rental products and proving the demand for rental retirement housing.
- Researching catchment areas for both sales and rental properties
Moderated by: Stewart Moore
How innovative approaches to design can enhance housing affordability and discover real-world examples of successful projects that have utilised diverse construction methods
- Exploring the balance between build costs, design complexity, and the preferences of senior living residents
- Consider how design influences the choices of senior living residents
- Solutions for making housing more affordable
- Innovations in senior living design and construction
- How to create quality, design-led schemes that are fit for the 21st century without having to charge a premium price via sales or rentals
Moderated by: Iain Lock
Showcasing how ESG commitments and technological advancements can drive operational efficiencies, profit contributions, and the synergy between the two
- New RICS Guidance on healthy buildings
- RIBA guidance
- Discussing specific examples of good practices in environmental, social, and governance aspects within the retirement living sector
- Examining the role of residents in contributing to ESG goals and forming working groups to address these consideration
- How technology can enhance the overall living experience and contribute to the sustainability goals of retirement communities
Moderated by: Olga Turner Baker
This panel will share insights into marketing, culture, trust-building, regulatory considerations, and strategies for sector-wide promotion, offering a holistic perspective on the future of retirement living
- What are effective methods to promote the retirement living sector at a broader scale?
- How does the pivotal role of marketing and cultural considerations contribute to fostering trust within the realm of retirement housing?
- In what ways can the involvement of government officials support and shape the senior living industry, and what impact does it have on the overall growth and development of the sector?
Moderated by: Kathleen Dunmore