Riverstone buys fourth residence in London

Riverstone buys fourth residence in London

Goldman Sachs-backed retirement living company Riverstone has acquired its fourth residence, a 142 apartment building located within the King’s Road Park development’s wider masterplan in south-west London.

Riverstone has forward purchased the site from St William, part of the Berkeley Group, and plans to welcome its first residents in 2026. There will be a mix of one, two- and three-bedroom apartments and penthouses.

At Riverstone King’s Road, 25,000 sq. ft. of amenity space designed by Bowler James Brindley will be delivered including a restaurant, bar, club room, library, swimming pool and spa, a gym designed for physiotherapy and rehabilitation, an exercise studio, espresso bar and cinema.

The amenities will form part of The Riverstone Club, which provides residents with access to all Riverstone’s residences across London.

For residents who require assistance and support to continue living independently, The Good Care Group at Riverstone will be available.

Martin Earp, Chief Executive Officer at Riverstone, comments: “The acquisition of our fourth residence at King’s Road continues to build on the momentum Riverstone has had in 2022, from the acquisition of our third site in Hampstead at the beginning of the year to welcoming our first residents at Riverstone Kensington and Riverstone Fulham.

“Riverstone is establishing itself as a provider of exceptional residences in prime central London and central to our ethos is creating places where people continue to live active, independent, and sociable lives.

“The King’s Road site is in an incredible location and our residence will be an exemplary offering. There is strong demand for this form of later living, which is only set to increase given the growing population of over 65s in the UK.”

Riverstone currently has four residences in Kensington, Fulham, Hampstead and The King’s Road.