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Foyles to install libraries in luxury UK retirement homes

In the UK, bookselling chain Foyles has made a deal with developer Elysian Residences to install libraries in its high-end retirement homes, reports the Times.

For each Elysian Residences development, Foyles will receive a fee for stocking each library with hundreds of books as well as fulfilling regular orders to refresh the book selection. Residents can also order books, music and DVDs via the concierge, with the costs added to their service charge.

Elysian Residences two retirement homes in Hampstead and London, with five more sites in the planning process. Prices for properties on a long leasehold tenure start at £490,000 (A$876,180) for a one-bed in Stanmore and rise to £5 million (A$8.9m) for a penthouse in Hampstead.

The scheme is scheduled to open at the six-storey, 101-apartment Landsby development in Stanmore, north London, in late 2019.



Category: International news