EU REFERENDUM DEBATE: Signature managing director sees Brexit as a risk

Aidan Roche, managing director, Signature Senior Lifestyle.

Signature Senior Lifestyle’s managing director Aidan Roche will be voting to remain in the EU on Thursday.

Signature, which runs six luxury care homes around the affluent London commuter belt, has a pipeline through to the end of 2018 that will double the number of properties and beds in its estate.

With a long term development pipeline and a business model that requires access to capital, skilled labour and affluent elderly home owners as customers, Signature wants as little uncertainty as possible.

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Mr Roche is voting remain for three key reasons: “Economic stability, free movement of labour and protection of exports to the EU,” he told Care Home Professional two days ahead of the referendum.

More specifically, in the interest of Signature’s commercial success, he is mindful of a Brexit vote which would risk, in Mr Roche’s opinion: “A fall in residential property values impacting on the private pay resident base, and a restriction on the ability to recruit carers, nurses, domestics, etc. from within the EU.”

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