Evergreen Lifestyle

What Evergreen Lifestyle does

Evergreen Lifestyle Villages (legal name: Evergreen Lifestyle Villages; DBA: Evergreen Lifestyle, Evergreen Lifestyle Retirement Villages) is a South African for-profit operator of premium retirement villages founded in 2008 and headquartered in Tokai, Cape Town. The company sells lifetime occupation rights under a Life Right model, in which residents pay a one-time fee for the right to occupy a unit for life while the developer retains ownership of the property; the model is structured under the Housing Development Schemes for Retired Persons Act 65 of 1988 and carries no transfer duty or VAT. Recurring monthly levies, set two years in advance with no special assessments, fund communal services, security, and maintenance, while ancillary healthcare revenue is generated through an on-site Healthcare Centre, frail care, home-based healthcare, and a strategic partnership with Unique Health.

The operating platform comprises eight operational villages across Western Cape (Bergvliet, Diep River, Lake Michelle, Muizenberg, Noordhoek, Sitari, Val de Vie) and Gauteng (Broadacres), plus three future developments in KwaZulu-Natal (Hilton, Umhlanga Ridge, Zimbali). Notable capacity includes 250 luxury suites at Sitari within a 192-hectare estate and an 8-bed Healthcare Centre staffed 24/7. Core infrastructure consists of Telecare emergency units, nurse-call alarms, CCTV and access control, perimeter security, and fibre/Wi-Fi connectivity, supplemented by Lifestyle Centres with dining, pool, gym, salon, and library amenities. Sales are executed through dedicated Life Right Consultants at each village and a Try-Before-You-Buy experiential program; marketing is multi-channel across website, Facebook, Instagram, YouTube, podcasts, and village events.

The company targets mid-market retirees (55+) seeking security, healthcare access, and maintenance-free living, with pricing ranging from approximately R800,000 to R3,300,000 per unit depending on location and configuration. Evergreen self-positions as South Africa's leading retirement village brand. Leadership includes Managing Director Garry Reed; ownership is private with no disclosed parent company, institutional investors, funding rounds, mergers, acquisitions, or regulatory actions in the source data. The business model is asset-heavy and real-estate-anchored, with revenue driven by unit sales plus predictable recurring levies and growing healthcare services.

Name

Evergreen Lifestyle

Legal name

Evergreen Lifestyle Villages

Website

https://evergreenlifestyle.co.za

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Short description

Evergreen Lifestyle Villages is a South African retirement village operator selling lifetime occupation rights (Life Right model) across eight operational villages in Western Cape and Gauteng, with healthcare, security, and lifestyle amenities integrated on-site. It serves mid-market retirees (55+) seeking secure, maintenance-free, and care-supported living.

Ownership category

akta.pro rank

Product category

Retirement Living / Senior Living Communities

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Continuing Care Retirement Communities (623311), Assisted Living Facilities for the Elderly (623312)

SIC

Services-Nursing & Personal Care Facilities (8050)

akta.pro primary industry

Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG)

akta.pro secondary industries

Active Adult (55+) Independent Living Communities (HLADAAAD), Large Campus / Multi-Building Assisted Living Communities (HLADABAG), Senior Living Property Management (BPAJAGAI)

Keywords

• Retirement villages
• Life right model
• Senior living communities
• Frail care services
• Retirement healthcare

Headquarters

HQ city

Cape Town

HQ country

South Africa

HQ region

Africa

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Life Right Purchase Model: Residents purchase a life right (right of occupation for life) rather than owning property outright. This is a one-time payment that grants lifetime occupation rights. The developer retains ownership of the property while residents enjoy all privileges of homeownership without transfer duties or VAT. The life right becomes an asset in the resident's estate.
2. Monthly Levies and Service Fees: Ongoing monthly levies cover communal services, facilities maintenance, security, and management. Levies are calculated two years in advance ensuring predictable costs. No special levies apply. Services are flexible and can be tailored to residents' needs and pocket.
3. Healthcare Services: Additional revenue from healthcare services including home-based healthcare, frail care, and medical assistance. Healthcare management delivered via partnership with Unique Health.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels10 records

Core offering

Evergreen Lifestyle develops, manages, and operates retirement villages in South Africa under a Life Right purchase model that grants residents lifetime occupation rights without owning property. Each village delivers integrated accommodation, 24/7 Healthcare Centres with frail care, Telecare emergency response, lifestyle centres with dining and recreational amenities, and community programming for residents aged 55+.

Product overview

Evergreen Lifestyle Villages is South Africa's leading retirement village brand operating on a Life Right model, providing active, healthy, and fully supported retirement lifestyles across multiple provinces. The portfolio includes nine operational villages (Broadacres in Gauteng; Bergvliet, Diep River, Lake Michelle, Muizenberg, Noordhoek, Sitari, and Val de Vie Evergreen in Western Cape) plus three future developments (Hilton, Umhlanga Ridge, Zimbali in KwaZulu-Natal). The core offering centers on the Life Right purchase model providing lifetime occupation rights, complemented by Healthcare Centres, Frail Care facilities, Lifestyle Centres with resort-style amenities, Assisted Living services, and the Try-Before-You-Buy program. Security features include Telecare emergency systems, electric fencing, CCTV, and 24/7 patrols. The brand extends to digital content through podcasts, video galleries, and blogs.

Differentiator

Problem solved

Functional benefit

Products and services

• Evergreen Lifestyle Retirement Villages South Africa's leading retirement village brand, offering Life Right residential communities across multiple provinces with active, secure, and fully supported retirement lifestyles including healthcare, hospitality, and community amenities.
• Life Right Model Acclaimed purchase model where residents enjoy lifetime occupation rights without owning the property; the developer retains ownership and responsibility for management, maintenance, and upkeep, with no transfer duty or VAT.
• Evergreen Healthcare Centres Fully equipped healthcare facilities providing primary care, home-based healthcare, 24-hour nursing, recuperative care, discreet frail care, and palliative care, staffed by trained nurses and carers.
• Try-Before-You-Buy Program Experiential program that lets prospective residents stay overnight in fully furnished retirement suites at select villages to experience the Evergreen lifestyle firsthand before making a purchase commitment.
• Evergreen Sitari Retirement Village 250-suite retirement village located within the 192-hectare Sitari Country Estate in Somerset West, Western Cape, offering Lifetime Occupation units with access to an 8-bed Healthcare Centre and lifestyle amenities.

Quantifiable outcome

• Residents report peace of mind, reduced burden on families, and high satisfaction with security and community
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Unique HealthcoreStrategic or Co-development PartnerHealthcare management partnership where Unique Health delivers primary care, home-based healthcare, 24-hour nursing, and recuperative care services across Evergreen villages. This partnership enables Evergreen's continuous care promise and healthcare centre operations.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Evergreen_LV
• YouTubeyoutube.com/channel/UCF_yPMM8S0ueeEQI090ClNQ
• Facebookfacebook.com/EvergreenLifestyles
• Instagraminstagram.com/evergreenlifestylevillages
• LinkedInlinkedin.com/company/evergreen-lifestyle

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Evergreen Lifestyle