The Scotland Real Estate team at international law firm DAC Beachcroft has advised Liberty Retirement Living (Chapelton) Limited on the acquisition of the site, which closed at the beginning of September.
The first of its kind in Scotland, the development will offer high-end services onsite to residents, including a brasserie, leisure facilities, scheduled transportation and 24-hour support and care.
DAC Beachcroft’s team, led by Ameeta Panesar, has been retained by Liberty and is now working alongside the client on the development and sale of 94 plots at the site.
Ameeta Panesar said: “We are delighted to be involved in this unique offering in the Scottish market place, and to have been retained to assist Liberty with their plot sales in 2018.”
Karl Hallows, director of development and sales at Liberty Retirement Living, said: “Securing the site at Chapelton for Liberty Retirement Living’s latest development is a huge milestone for the business. We are proud of our unique village concept, which promotes independence by enabling over 55s to own their homes whilst maintaining an active and healthy lifestyle as part of a community of likeminded people. We look forward to working with DAC Beachcroft on this development.”