Real Estate Investor Magazine South Africa October/ November 2019 | Page 60

RETIREMENT Rapidly evolving retirement Industry Preparing for the future of retirement villages BY ALYSSON WATT Retirement villages in South Africa have to evolve to keep up with a changing industry. A new generation of retirees, with unique demands, has already started changing the face of retirement villages. Outdated old-age homes need to adapt the services they offer, frail care options and eco- friendly designs to remain competitive. 58 OCTOBER/NOVEMBER 2019 SA Real Estate Investor Magazine