Property

Cdp, Inps, Gemelli and Investire: a pilot project of homes for the elderly in Rome

Plan for nine buildings in the Camilluccia-Trionfale area, national scale planned. Focus on care for the self-sufficient over-65s with dedicated common areas

Case per anziani. La pianta dell’area di Roma interessata al progetto

3' min read

3' min read

A complex model of homes for the elderly with health support. This is the project underwritten by various entities, in a public-private partnership - which have identified an important need in Italy to which an answer has not yet been given. This is why realities such as Inps, Cdp Real Asset, Policlinico Gemelli, Gemelli a Casa and Investire Sgr have come together to try to bridge the gap with the rest of Europe and launch a model of intergenerational senior housing, 'Spazio Blu', aimed at developing homes integrated by services dedicated to the psycho-physical wellbeing of the self-sufficient elderly.

L’obiettivo

The aim is to provide a range of on-site care services to avoid travel and hospitalisation and make life easier for the over-65s. A pilot project that also stems from the need posed by the ageing of the population. Today, of the total number of people living alone, 48.9 per cent are over 65. By 2042 this share is estimated to reach almost 60 per cent.

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The entire country is involved, but the starting point is Rome. The capital is the chosen destination for the 130 million euro pilot project involving nine buildings (approximately 300 flats) in the Camilluccia-Trionfale district, with spaces dedicated to socialising such as living rooms, reading rooms, and cinema halls.

Covid has forced a rethinking of the spaces in which we live and work, so why not consider redesigning homes for the elderly that can provide answers to long-standing needs not contemplated in traditional living spaces?

The role of actors

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What is the role of the different parties underwriting the initiative? Inps will contribute the real estate to the dedicated fund, while Cdp through its fund of funds Fnas will finance the redevelopment of the assets. Policlinico Gemelli and Gemelli a Casa will provide preventive healthcare services and telemedicine, telemonitoring and teleassistance. Investire Sgr will manage the real estate fund.

The pilot project will then be extended nationwide, so as to intercept the needs and provide answers in different areas of the country.

According to Cdp's CEO Dario Scannapieco, the project combines "the demographic aspects of an ageing population with social housing", emphasising the opportunity to create an asset class that is not yet consolidated and needs investment. "Cassa's goal," he says, "is to stimulate the market and bring models already developed abroad to Italy as well, making social housing an investable asset class.

This is the third 'S' of social housing. Cdp has invested four billion lire in social housing in order to arrive at 19 thousand dwellings, while in the second 'S', the student halls of residence, it wants to create 10 thousand beds as per the three-year plan.

"The initiative aims to put a part of our real estate assets to use, integrating them into the assistance system,' says Valeria Vittimberga, director general of Inps. 'This is an approach that is increasingly oriented towards taking care of the elderly as a resource that should not be institutionalised and marginalised, but included in a multidimensional dimension capable of assessing their needs in an organic manner.

Giancarlo Scotti, CEO of Cdp Real Asset Sgr explains that: "Without prejudice to our commitment to social housing and student housing, the objective is now, in line with Cdp's strategic plan, to boost senior housing as well, an asset class that is not yet consolidated in Italy".

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  • Paola DezzaCaporedattrice del Lunedì e responsabile del settore real estate per tutto il gruppo

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