US joint venture to expand into UK retirement home market

Feb. 1, 2007
US group Sunrise Senior Living is set to expand its UK retirement housing plans after agreeing a joint venture with another North American firm, Pramerica, to develop retirement homes here. Real estate group Pramerica and Sunrise, which operates out of Beaconsfield in the UK, are both listed on the US stock exchange and want to develop 18 assisted living centres …

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