Senior living equals senior profits
- 2007
- Property Forecast 10(8) September 2007, 7-8(2) .
Examines the investment market for care homes. This asset class is booming after years as a niche sector, and with an ageing population its prospects are promising. The sector is still highly fragmented, and a number of further takeovers and mergers are expected in the foreseeable future. Experienced developers should find this market lucrative, with potential for significant expansion. The trend extends beyond the United Kingdom to much of Western Europe. One possible result may be a future move to more luxurious care accommodation as the market develops.