A&G Global Investors and Grupo Marjal have formalised a strategic agreement to advance the senior living model in Spain, with a strong emphasis on sustainability, innovation and the well-being of Europe’s senior population. This collaboration outlines a clear roadmap for short- and medium-term growth, aiming to establish the partnership as one of the leading platforms in the emerging residential market segment.
The first development arising from this alliance will be located in the north of Alicante province, on the Costa Blanca – a prime Mediterranean location ideally positioned to attract both national and international seniors. The project represents an investment of more than €63 million and will deliver more than 300 independent residential units, purpose-designed for an active and affluent senior community.
The complex will occupy five plots, offering more than 20,000 m² of buildable space, arranged across seven blocks designed to create inviting communal areas, landscaped gardens and sports facilities. Amenities will include swimming pools, a social club, workshops, sports facilities and recreational spaces, all conceived by the renowned international practice Life3A, a specialist in senior living projects worldwide.
A common vision of the future
The alliance brings together A&G’s expertise in investment and institutional management with Grupo Marjal’s proven track record in identifying, promoting and operating real estate developments. For A&G, this collaboration forms part of an investment programme exceeding €500 million, to be deployed in the living sector over the coming years.
“At A&G, we remain committed to co-living strategies, identifying emerging trends and creating value by developing innovative products wherever there is demand. We are particularly confident that the Spanish coast offers the greatest potential in Europe for the growth of senior living projects. Our agreement with Grupo Marjal is strategic, as we share a long-term vision and aligned objectives,” said Jaime Trigo, Head of Real Estate Investments at A&G.
Javier Fur, CEO of Grupo Marjal, said: “This strategic alliance presents a unique opportunity for us to continue delivering innovative solutions that respond to society’s evolving needs at different stages of life, combining new products and services. Partnering with A&G – with whom we share both vision and values – will enable us to generate lasting value.”
Spain, a preferred destination for senior living
Spain continues to strengthen its position as one of Europe’s leading retirement destinations, thanks to its favourable climate, excellent international connectivity and competitive cost of living. The growing senior population, together with increasing life expectancy and quality of life, has fuelled investor interest in this residential model, which blends independence with community living and tailored services.
KPMG Corporate Finance Real Estate served as global adviser, Evergreen Legal acted as legal advisor to A&G, and Javier Maceira Suárez acted as legal advisor to Grupo Marjal.