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US healthcare firm to open senior living homes in Bengaluru

IANS  |  Bengaluru 

The US-based international provider Pacific Management would set up its first senior living community in this tech hub, an said on Wednesday.

"With expertise in planning and executing senior living projects across Asia, and the US, we bring the legacy to We are positive our first community in the landscape will shape our presence, globally, founder said in a statement here.

The Seattle-headquartered serves 1,600 residential homes in nine communities across five cities in after it acquired in March 2017 for an unspecified amount.

The five cities where the retirement homes were built are Bengaluru in Karnataka, Chennai, and in neighbouring and Puducherry.

"Our signature property will have products, services and medical care to cater to the growing middle class, guided by our expertise and international standards," said Columbia on the occasion.

The 40-year-old firm develops and operates hospitals, clinics and senior housing across with locations in China, Indonesia, Kenya, and

"All these countries have growing ageing populations, rising middle and upper-middle-class populations, an under-supply of and senior care facilities.

"They also have an increasing rates of like diabetes, and - creating an unprecedented demand for and senior housing," the statement added.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 15 2019. 14:26 IST