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COMMENT | A shift in supporting the senior living sector 4 Mar 2021, 09:04Comments (0) Prior to the pandemic, the retirement and senior living sector was seen as an asset class that was going from strength to strength, writes Stewart Haworth of OakNorth Bank. As Covid-19 hit, the priority understandably shifted to ensuring the security and safety of residents. In a recent panel discussion at the Place North West Healthcare & Senior Living event, I discussed the outlook for senior living in 2021 and beyond, trends shaping the industry and why I think this sector is still a sound investment. The UK’s elderly population is one of the UK’s fastest growing demographics, which means that demand for care homes including specialised care homes will continue to rise over the next decade. According to Cushman & Wakefield research, the UK’s elderly population is also one of the wealthiest with a projected combined housing wealth expected to reach £2.4trn by 20 ....
Healthcare + Senior Living | Time for change 29 Jan 2021, 11:55Comments (0) Property professionals discussed what needs to change to make health centres and senior living developments fit for the future, amid the twin challenges of an ageing population and the ongoing health crisis. Work to create a healthy living-focused neighbourhood around North Manchester General Hospital in Crumpsall, as well as embedding flexibility into healthcare schemes to keep pace with shifting trends, were among the topics discussed by panellists at the latest Place North West event. Healthcare + Senior Living was hosted by Place North West editor Sarah Townsend and sponsored by Sheppard Robson, SI Sealy, DAC Beachcroft, OakNorth Bank, Clearfibre and Curtins. ....
The first Place North West event of 2021 will explore the role of property and place in providing quality healthcare facilities and catering to the UK’s ageing population as we undergo seismic demographic shifts. More than 690 million baby boomers will reach retirement age in the next decade. How will public and private healthcare and the development industry respond? Join us on 21 January to discuss this vital sector. Our high-profile speaker line-up includes representatives from Manchester University NHS Foundation Trust, Assura, Sheppard Robson, and many more. The event will take place using the powerful Remo platform, which provides an interactive experience and enables you to choose who you network with via video. There will be presentations and panel discussions, as well as plenty of opportunities to ask questions and meet with your fellow delegates. ....