European Healthcare Real Estate Interface
Key Country Demographics
What is the relative scale and nature of demand across Europe?
Rising elderly populations and growing healthcare expenditure are both core demand drivers for healthcare services and healthcare real estate, including long-term residential care facilities. Explore which markets have the strongest fundamentals using the map below. Click on a country to see more details relating to population and health expenditure.
Key research findings
Healthcare investment in Q3 was broadly in line with Q2, bringing the year-to-date total to €4.5bn. This is a 41% decline on the same period last year, with Q3 investment volumes c. 60% below 2023 levels. In spite of this sentiment remains strong amongst investors with a number of larger deals expected to close before year end.
The UK accounted for two-thirds of transactions volumes in Q3, reflecting a 38% drop year-on-year. The largest transactions to occur were in the senior living and care home space.
Notably in Q3, Meadow Partners bought six senior living shared ownership schemes from the Affordable Housing & Healthcare Group. This deal demonstrates the growing appetite from institutions for mid-market affordable products and the growing demand for specialised housing options.
Care Home Investment Yields
How do these compare to other sectors? Understand pricing levels across mature and growing markets.
Compare prime net investment yields for care homes across Europe in the following visualisation. Prime yields relate to well-located, modern quality stock, let on long-term institutional leases to high quality operators.
Selected Care Home Transactions
What are the key transactions in each market and who do they involve? See the deals and key players influencing this growing market.
Key Care Home Operators
Who is operating care homes? Recognise which companies are market and European leaders.
Care home operations can be fragmented in many European countries, though there are major players operating across markets. The table below identifies some of the major care home operators by geography and their ‘in-country’ revenues from the last two years. Use the search function to see which operate across geographies, or to focus on a specific country.
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