Bridges launches health centre platform

Impact investor Bridges Fund Management has launched a platform focusing on private short-stay residential health centres, as its debut site receives planning approval. The business, called Renaiss Health, aims to develop, build and operate a chain of centres specialising in post-operative rehabilitation and recovery care. Renaiss Health’s first site will be in Richmond, south-west London. It will redevelop the former Richmond Inn Hotel – which has been closed since March 2020 – into a 29,000 sq ft centre. The plans include a new wing, as well as physiotherapy, hydrotherapy and occupational therapy suites.  The building will target a BREEAM Excellent rating and undertake the WELL certification programme, which seeks to deliver buildings and facilities that are beneficial for health and wellbeing both during the design and construction stage, and when the building is operational. Construction is due to commence shortly, with opening planned for early 2025. Simon Ringer, head of Bridges Property Funds, said Renaiss Health is actively seeking other sites in and around London. Ringer said: “Bridges has long been a pioneer in investing in property-backed businesses that are addressing clear societal needs. With the launch of Renaiss Health, we are once again proving ourselves to be an early mover – this time in the important and rapidly growing area of post-operative rehabilitation and recovery care, a service that is not widely available in the UK.” Jennifer Martin, chief executive of Renaiss Health, said: “These will be state-of-the-art facilities, with the latest technology and equipment to provide sustainable physical rehabilitation programmes, as well as the highest standards of clinical and expert care. At the same time, careful consideration will be given to complementary areas including nutrition and holistic wellbeing.  “There will be purpose-built physiotherapy, hydrotherapy and occupational therapy suites, plus high-quality accommodation, beautifully appointed facilities and the very best of hospitality.”  Martin added its Richmond centre was in “an area where our service can make a tangible impact”.  “We know Richmond’s rate of hospital admissions because of falls has increased – so our centre and service will provide an important link in the borough’s health provision, giving people the ability to access treatment and care to improve their independence, mobility and confidence,” said Martin.   To send feedback, e-mail pui-guan.man@eg.co.uk or tweet @PuiGuanM or @EGPropertyNews View other planning applications in Richmond >>