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Gimeno GroupWhite Investing, Topcal Investment, and MoZaïC Asset Management have decided to partner to lead the 'Senior Living' sector in Spain by activating an investment of approximately 100 million euros through various projects in the Mediterranean region until 2026. Through this alliance, the companies plan to create resort complexes in holiday areas that offer a wide variety of services and leisure activities for people over 55 years of age.
The vision of new housing needs
Spain, along with other European countries, is experiencing a notable increase in its population of citizens over this age group, a phenomenon that will increase in the coming decades as indicated by the National Institute of Statistics (INE), which estimates that by 2050, this segment could reach up to 40% of the country's total population.
This demographic, currently comprising 11,5 million people in Spain, represents the target population for independent living complexes. It is worth noting that Spaniards interested in these types of facilities tend to prefer locations close to their usual residence, while the approximately 200.000 foreigners over 55 years of age living in Spain prefer to move to complexes in coastal areas of the Mediterranean in search of a better climate and quality of life.
“The Valencian Community is the most sought-after region for foreigners who decide to explore alternatives to conventional housing to fully enjoy a new stage in their lives. For this reason, we have decided to develop a Senior Co-living concept that responds to new needs and lifestyles. In the short term, we are studying three more projects, but our goal is to go much further, and we are not ruling out bringing in a financial partner to achieve this.” Borja Tomás, Real Estate Director of Gimeno Group.
First project in Benidorm
The Senior Livings platform, which already has its own brand and will be launched in the coming weeks, is finalizing the details of its first project in Benidorm. Following the issuance of the permit, construction will begin soon, with the opening scheduled for 2026.
As Frédéric Dib, founder and CEO of MoZaïC AM, has stated.We are actively leading sustainable improvements in the operational performance of the Benidorm complex. Our unwavering commitment to fostering social and environmental impact underscores our efforts to transform the asset into an investment that meets the BREEAM "Very Good" standard.
Gardens, a spa, a swimming pool, a cinema, physiotherapy, and even a beauty salon. These are just some of the amenities offered by this new complex located on the grounds of the former Hotel Ona, on Poniente Beach, and boasting its own golf course. It can accommodate over 150 guests in its more than 90 premium one- or two-bedroom apartments, each with a fully equipped kitchen open to a spacious living room and terrace. Furthermore, the interior design, both in the apartments and the common areas, will infuse every corner with elegance, creating a space that blends class and warmth.
For his part, José Solero, CEO of White Investing, explained that “Our goal is to develop a concept that goes beyond traditional senior living. The added value of this project is that we will offer spaces that will truly be resorts where people can enjoy a lifestyle with all services at their fingertips and an unbeatable environment.”
The strategic alliance of these four leading companies, which combine over eight decades of experience in managing premium commercial spaces, holds great potential. This collaboration encompasses all phases of the real estate cycle, from project acquisition and structuring to acquisition, development, and operation. This comprehensive approach ensures meticulous attention to every detail, from the initial project conception to its completion.
Luis Pellicer, Managing Partner of Topcal, has highlighted that beyond the business expertise that Topcal offers, “Our knowledge of the healthcare sector can contribute to everything that, in the area of care, is required by the users of our complexes.”
Undoubtedly, with a unique combination of experience, knowledge and resources, these companies are very well positioned to identify and capitalize on important investment opportunities in the real estate sector and contribute value and economic impact to the Mediterranean territory.