European context
The pandemic crisis of Covid-19 has not slowdown the pace of investment activity in care homes across Europe. The volume of transactions recorded in 2021 has increased to reach a record level of €8.2 billion, up by 18% year-on-year. After several months of questioning in the early stage of the crisis about their potential obsolescence and capacity to survive to the very strict sanatory rules, care homes assets have rapidly demonstrated their resilience in a quite challenging times for the commercial real estate market.
2022 Perspectives
The care homes investment market should continue to grow over the next few years, based on favorable demographic fundamentals coupled with a desire for development from care homes operators who are increasingly partnering with investors for the real estate component. In this context, we should see the volume of investment continuing to grow, with the Southern and Central European markets gaining in share.