This session is fun with the right kind of buzz! Meet, introduce and make an impression. It’s memorable meetings like these that could be the right connections for the future of your business. Who knows what handshakes and deals are done?
Even though you are competing, each of you are unique therefore the results are as unique as you are.
The key thing about Retirement Village development is that it’s not all about the brick and mortar – which must be excellent in any event, but more about the services and lifestyle that the estate facilitates and provides.
This fact places significant emphasis on some of the key elements of a retirement village:
These very challenging matters must be seen within the context of the trends within the retirement housing market and macro trends within society itself.
Technology will never replace the human touch and we are sure that developments in robotics will not compensate the need for personal care delivered by humans, but we would like to understand how tech can improve health. Research/Statistics, interviews and planning guidelines show us how we should approach the design of future housing for an ageing population, reminding us that this is not about ‘other people’, but about each of us. With a focus on anticipating the needs and aspirations of the next generation of older people.
“Our ageing population demands that we have a radical rethink in the way we design and build our homes to meet our future needs and lifestyle choices. In this presentation, I will try to demonstrate how this can be achieved in both mainstream and specialist housing for older people, drawing on inspiring innovative examples from home and abroad.”
The future is innovative intergenerational programs that involve individuals of all ages that will explode the senior living sector, especially in assisted living.
The success of a retirement village in part depends on the model the developer selects when starting down the road of realizing his vision of building a retirement facility.
However, the long-term success of a retirement village depends not only on the facilities and how well it is managed but what model the village will be managed under. Pros and cons of the models will be discussed from a management ramification and legal perspective thus assisting developers with insights from an operational perspective to inform the viability of the project on a long term basis.
Have you ever heard of any residential community development having reserves in excess of R70m! This topic to be presented at Retirement Village Developers Summit will provide insights on how to structure your development to maximize the ongoing profitability and security in the long term.
A growing trend amongst many new freehold developments is to take the lead from established sectional title developments that commenced with building reserves before it became legislated. Vagn will discuss why and how developers should set up a levy stabilization fund for the benefit and success of their developments. While we see many excellent developments coming on stream, no provisions have been made in the rules to give such developments long-term sustainability. Lower levies will make any development more attractive to buyers.
More and more buyers are asking to see the annual financial statements before signing on the dotted line and we are hearing the same question being asked over and over… what is the position with regards to charging special levies! These points and much more will be posed by Vagn and discussed.
The panel members have been selected as they offer different perspectives and expertise in managing different size frail care operations. Areas to be discussed include:
What are your burning questions?
The breakout session at the Retirement Village Developers Summit will be broken into smaller teams to discuss 5 key points that arise from the panel discussion.
The breakout session allows delegates an opportunity to discuss the point allocated to them in greater detail and to provide possible solutions that will be presented back to the main conference.
The topic presented at Retirement Village Developers Summit poses the question of the treatment of VAT in a life right development. The tax cost in the form of Value-Added Tax, Transfer Duty or other potential taxes is a critical issue impacting on the affordability of retirement facilities. The continued impact of the Brumeria Case in the sector. Understanding and applying the legal framework within which the industry operates is essential to avoid unpleasant surprises once an agreement has been concluded. This session will deal with the legal and practical issues when planning, developing and marketing retirement facilities.
The breakout session is a discussion on frail care as a portion of the agenda of the conference. The breakout session offers the delegates another opportunity to discuss, reflect, or act upon the issues unique to frail care in a more intimate setting. The impact of peer transfer cannot be understated.
How Breakout Sessions Work
The conference will have 5 breakout sessions occurring simultaneously, with all attendees participating in small groups for thirty minutes before returning to rejoin the greater group.
One of the panel members will be assigned to each of the breakout sessions to act as a sounding board.
A designated team leader will then report back on their session’s findings to the main conference for 5 minutes.
The topic presented at Retirement Village Developers Summit asks the question: What if all the devices in your life could connect to the internet? Not just computers and smartphones, but everything: clocks, speakers, lights, doorbells, cameras, windows, window blinds, geysers, appliances, cooking utensils, you name it. And what if those devices could all communicate, send you information, and take your commands? It’s not science fiction; it’s the Internet of Things (IoT), and it’s a key component of home automation and smart homes. Alexa, Amazon’s handy voice assistant works with a number of smart home devices directly, as well as with If This Then That (IFTTT) to control plenty of others via “recipes” you can create yourself.
As services such as Alexa become more mainstream globally with the increase in fibre connectivity, the desire to have IoT and IFTTT connectivity will move to a must-have rather than to like to have. The benefits to the householder are clearly visible as retirees seek quality of life in their active retirement.