By Mark Dickinson 2021-05-05T13:57:00+01:00
Editor: Last year was forecast to be a record year for the senior housing market, with more than £1.5bn expected to be invested. It didn’t happen but what we did see was an increase requirements for homes offering safety within a community setting and the need for solutions that drive the market forward in the longer term.
Source: Shutterstock/Photographee.eu
We believe that an effective way to rectify the imbalance in supply is the introduction of more mixed tenures across senior housing – more notably rental options. Overall, the number of private senior-living rental properties in the UK is forecast to increase by 160% in the next five years, from almost 5,000 to more than 13,000 by 2024.
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