February 20, 2024: Real estate developer Asset Homes, has partnered with senior living community operator Columbia Pacific Communities to operate the ‘Young @ Heart’ senior living projects across Kerala. The collaboration was formalised through a memorandum of understanding (MOU) signed by Sunil Kumar V, founder and managing director of Asset Homes, and Sivakumar V, director, Columbia Pacific Communities.
Asset Homes plans to roll out four projects in the initial phase of this partnership, located in Thiruvananthapuram, Kottayam, Kochi and Kozhikode. Named Asset Young @ Heart by Columbia Pacific, these luxury projects encompassing around 1,000 units, are slated for launch in the first quarter of the fiscal year 2024-25.
Asset Homes has introduced four distinct categories to cater to various life stages and preferences. These range from ‘Selfie Apartments’ for young singles and students, to ‘Down to Earth’ residences for young couples and professionals, and ‘Exotica’ homes for those seeking luxury living. The new ‘Senior Living’ category is designed as a sanctuary for retirees.
Columbia Pacific Communities, a subsidiary of the Seattle-based Columbia Pacific Group, has over four decades of experience in constructing, managing and operating senior living communities across the globe, including in the USA, China, Canada, the UK, Malaysia and India.
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