The UK has seen a net loss of 189 elderly care homes during the 12 months to September 2015, according to a study of the sector by property consultant Knight Frank.
In its annual UK Healthcare Development Opportunities report, Knight Frank suggests that rising demand and falling supply makes it a sector ripe for investment. “The growing shortage of care homes in the UK presents opportunities for developers and investors,” it says.
If current trends continue, the existing bed supply of 456,400 is forecast to fall to 444,700 by 2020, while the population of over 65s will rise from 11.4 million to 12.4 million, resulting in an acute shortage of care beds by 2020, the study says
