Inspired Villages hires Legal & General's Halliwell as CFO. Financial aid for the areas with crucial damage, as well as restoration of highways and other damages caused by the Kuma river flooding was outlined. [4] The Kuma River flows through the Shimanto terrane and mainly through the Chichibu terrane. [6], The round shape of the Kuma River basin assists with water and sediment transport function. According to U-Switch research, many over 65s struggle to pay their energy bills in winter, with 40% saying they can only afford their bills if they make spending cutbacks in other areas. [14] As a result, the removal of the Arase dam was decided in 2019, and its removal process began in early 2012, gaining much of its attention as the first ever dam removal in Japan . This new partnership with Legal & General and Inspired Villages aligns perfectly with our ambitions to invest in areas that present strong social and environment credentials, whilst offering a good match for our long-dated liabilities. We need you to know that security is our top priority and that we hold any information we have about you under lock and key. Brink, K., Gough, P., Royte, J., Schollema, P. P. & Wanningen, H. (2018). Microsoft Edge, Legal & General Investment Management America, Charity stakeholders and collaborative partners, Workforce diversity and gender pay gap data, ESG global research and engagement groups (GREGs), How LGIM integrate ESG into the investment process, Responsible and sustainable investment report 2022, Legal & General Investment Management Asia, Legal & General Investment Management Japan. From these periods up until the 1900s, residents of the Kuma River neighbourhood often managed woodlands which created agricultural landscapes. Alongside its environmental benefits, Millfield Green will address the chronic under-supply of age-appropriate housing across the UK, with only 7,000 being built each year. We can create custom designs using hand painted and ornate moldings to beautifully transform this often neglected space. It is the longest river in Kyushu, with the length of 115 km long and has a drainage area of 1,880 km 2 (730 sq mi). We continue tomake terrific progress through our partnership with Inspired Villages as we set out to revolutionise the later living offer in the UK and address the chronic shortfall in supply. Reflecting on our achievements set out within the pages of our Annual Review 2021-22 makes me feel very proud, and hope you enjoy reading it too.. Our latest financial announcements, including full and half year results, AGM details, up and coming financial dates for your calendar, annual reports and information for shareholders. Legal & General announces that it has started on site to deliver its first operationally net-zero carbon (regulated energy) development* (net-zero), which will be the UKs first net-zero retirement community. LGC has built its capabilities in a range of alternative sectors, including in residential property; specialist commercial real estate; clean energy; alternative credit; and venture capital, which are all supported by long-term structural growth drivers, meet a financing gap and respond to a scarcity of supply that is underpinned by enduring societal needs. Kier, Graham, Vistry, Wates and Willmott Dixon are among the contractors which have been awarded places on Inspired Village's construction partnership. ", John Bromley, Head of Clean Energy at Legal & General Capital, "We are delighted to be starting on site on this major new scheme and bringing forward the UKs first operationally net-zero carbon (regulated energy) retirement community. Inspired Villages | 6.332 flgere p LinkedIn. Read our policy here. The new net-zero carbon (regulated energy) development will have a positive long-term impact on running costs, which will be unaffected by external suppliers future cost rises. This means the scheme will have significant benefits for the local areas health and social care system, while also freeing up the housing market for young families. The 700-year rule of the Sagara clan was not a reign that relied only on military power. Check to enable permanent hiding of message bar and refuse all cookies if you do not opt in. We'll assume we have your consent to use cookies for future visits once agreed. Just hit yes and continue on your way. You can see all our most recent announcements and publications in one place under 'Latest' and read more about our experts. Kiguchi, Y. The landscape of the Kuma river basin was subject to change from the later 17th century for economical and social development of its neighbourhood. Inspired Villages, established by Legal & General in 2017, is operating retirement communities that enable their residents to live healthier, happier, safer, and more independent and active lives. Operating over long investment horizons and as responsible investors, Legal & General and NatWest Group Pension Fund are aligned in their desire to back investments that deliver a positive environmental and social impact. | January 12, 2023 3 dams were built on the Kuma River. . After passing a few small villages, some with only about three homes, you suddenly emerge from the forest and you are in a city with street and traffic lights. We provide a vast array of faux finishes from wall glazes, faux stone, marble, wood graining, aged crackle, painted and raised stencil, metallic . Join our mailing list to get all of the updates on our future events. [14] The ecosystem services of the Kuma River largely contribute to the tourism industry of its neighbourhood which includes hot springs and riverboat recreation.[3]. Read more about our sustainability strategy, the work we do with charities, our D&I priorities, and how we are tackling climate change. In 1896, Japan implemented the River Act for management of water. Each Inspired retirement village gives you the opportunity to become part of something truly unique a vibrant community where people who want to get the most out of life do it together. towards a paywall. Due to this, a great number of Heian period buildings and statues of Buddha remain, and about 80% of the thatched-roof wooden buildings designated as national and prefectural cultural assets in Kumamoto Prefecture are in Hitoyoshi Kuma. Inspired Villages offers a wide range of housing options across six operational villages, both rentals and for sale - with sale prices starting from 230,000 - and ranging from 1-bedroom apartments to 3-bedroom houses, all set within vibrant communities carefully designed for the needs of older people and focused on promoting holistic wellbeing. NatWest Group Pension Fund is closely aligned with our sustainability goals, so partnering with them will allow us to continue to lead the sector, delivering net zero carbon later living communities which will make a real difference to the way we live and age in future., Phil Bayliss, Chairman of Inspired Villages, commented: Covid has shone a light on the role that later living communities play in our society, further rocket-fuelling demand for high quality, aspirational later living accommodation. Iinuma, S. (2013). Established in 1836, we are one of the UK's leading financial services groups and a major global investor. The health and happiness of their residents are at the heart of everything they do, with the promise of a life less ordinary for today's generation of retirees. As members of the federation, each SOS Children's Villages association is committed to applying the federation's statutes, standards for quality child care, and stringent financial and administrative practices. [citation needed]. The Kuma River is classified as class A river, under the management of the Japanese government.[1]. Retirement Villages, which was bought by insurer AXA for around 100 million in 2017, owns and manages 16 sites around the country, with 2,000 residents, and has a further five committed new sites mainly in the South East. As of August 2021, and after four years of phenomenal growth and numerous awards, we are backed by a joint venture partnership between Legal & General and NatWest Group Pension Fund. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}323000N 1303400E / 32.5N 130.5666667E / 32.5; 130.5666667, The Kuma River (, Kuma-gawa) is a river in Kumamoto Prefecture, central Western part of Kysh, Japan. We deliver award-winning villages for later living in partnership with Legal & General and NatWest Group Pension Fund. The Kuma River has always been famous for the catching of Ayu fish, also known as sweetfish. We are also a member of The Associated Retirement Community Operators (ARCO), the main body representing the Retirement Community sector in the UK. Seeing significant growth since its foundation, Inspired Villages currently operates six later living communities across the UK. The 15-year JV will see an investment of 500 million that aims to support the development of around 5,100 'green' homes suitable for older residents. Legal & General Capital is the Groups alternative assets platform, investing shareholder capital for the benefit of society, to address environmental challenges and support inclusive economic growth to build a better future. We need additional data to finish your registration. Thank you for visiting Hitoyoshi Kuma Guide. [16] One of the areas nearby was flooded up to a depth of 4.3m. Legal & General has appointed nine contractors to a framework for its later living business Inspired Villages as it expands its development plans in the South east of England. Tourists are attracted to Ayu fish or sweetfish which inhabits at the Kuma river and some of its tributaries, where many people especially enjoy shaku-ayu. By winning over the populace by sparing the existing Shinto shrines and Buddhist temples from destruction, they were able to successfully rule for a long time. Click to enable/disable Google Analytics tracking. [17], The Kuma River have also badly flooded in 1965, caused by heavy rainfall. With a strong social purpose, it is driven by the desire to keep residents healthier and happier for longer and take the pressure off our already overstretched NHS and care services. Google, , Click here for the Sagara 33 Statues of Kannon, Click here for recommended local specialties, Cycling in Hitoyoshi-Kuma in the Summer (Complete, One of the best ways to explore the Hitoyoshi-Kuma, Cycling in Hitoyoshi-Kuma in the Summer (Cycle Tra, Cycling in Hitoyoshi-Kuma in the Spring (Complete, Cycling in Hitoyoshi-Kuma in the Spring (Renting a, Hitoyoshi-Kuma Cycle Route (Spring Tea Fields) River in Kumamoto Prefecture, Kysh, Japan. Through this like-minded strategic partnership, we are able to scale our investment in this important emerging asset class, paving the way for further pension money to follow and increasing our societal impact., Robert Waugh, CEO of NWPTL, commented: The investment potential of the later living sector is substantial as the need to support our ageing population increases. [14], Due to severe impacts on the environment of the river, such as the disappearance of particular species, there have been debates over dam constructions from the 20th century. Despite maintaining much of its natural landscape, the Kuma River and especially its basin area was largely impacted by human activities for economic and social development. This website is not designed to work on IE11, so for the best viewing experience please switch to an alternative browser. With a commitment to grow the portfolio to 34 sites, housing around 8,000 residents, the deal enables Inspired Villages to scale its impact in addressing the considerable shortage of appropriate housing for older people in the UK. It is recognized as the three most rapid rivers in Japan, along with the Mogami River in Yamanashi prefecture and Fuji River in Nagano, Yamanashi and Shizuoka prefecture.[7]. The Kuma River, one of Japans three swiftest flowing rivers, flows down the middle of a basin surrounded by the Kyushu Mountains. Due to create 88 jobs per year during construction and up to 65 operational jobs once complete, the Tunbridge Wells scheme will bring significant economic benefits to the local area. [1], In 1951, The Kuma River General Development Project, also known as The Kuma River comprehensive development plan was enacted by the government of Kumamoto Prefecture. Legal & General has invested over 29bn in levelling-up regional economies, including through major UK-wide regeneration schemes and has recently made a commitment to enable all its new homes to operate at net zero carbon emissions from 2030. Among its aims are minimising conflict, enhancing quality of life, and providing access to health and education services, through the consistent application of best practice, legislation and. These include construction of dams damaging the habitats of natural species, as well as deforestation of the Kuma river basin due to paper industry. This website is not designed to work on IE11, so for the best viewing experience please switch to an alternative browser. Legal & General Affordable Homes forms a subsidiary of Legal & General Capital, which invests capital into sectors where there has been a shortage of investment and innovation, focusing on growth opportunities and scale ups.. Share price 263.90p at 19:25 on 4 Mar 2023. In our first episode our head of senior living, Dominic Morris, is joined by Jamie Bunce, CEO of Inspired Villages. We are reshaping Britain's towns and cities. ", Download the full press release here (PDF: 379Kb). The upper stream of the Kuma River run through a steep gradient which later changes to medium gradient. Pros. As with all websites, we use cookies. For future Millfield Green residents, the net-zero approach will have a positive long-term impact onrunning costs, which will be unaffected by external suppliers future energy cost rises. Later living communities, in contrast, have provided safer environments, offering residents the ability to self-isolate in their own homes while maintaining access to a network of support and social interaction not available to those who live alone in traditional housing. Our retirement community model focuses on holistic wellness, encouraging this in older people by providing suitable, safe, secure and stimulating environments, helping them live good, healthy, independent lives for longer. Local residents have commented that flooding have become worse after the construction of dams, where flooded water became more muddy or polluted.[3]. Legal & General estimates that there are 3.3 million people who would like to downsize in the UK, but just 7,000 homes for older people were built last year. The UK later living sector lags significantly behind other markets, with only 0.6% of over-65s living in later living communities compared to around 5% to 6% in the US, New Zealand and Australia. It is the only major and the largest river connected to the Yatsushiro sea. Elderswell is part of an ambitious development pipeline, with Inspired Villages to deliver over 2,500 specialist homes for over 65s in the next six years. [13] The Arase dam was constructed as the first step of the Kuma River General Development Project in 1951. We're still open for viewings with added safety measures in place. The delivery of Legal & Generals first net zero community is testament to the companys long-term vision for housing in the UK, where it has begun piloting energy-saving initiatives through design and operation.