The Elderly Care Scorecard offers an in-depth examination of various key aspects of elderly care real estate, including investment volumes, major transactions, and investment yields on a quarter by quarter basis.
From an operational perspective, the scorecard dives into crucial areas such as average weekly fees by region, occupancy levels, cost pressures and EBITDARM outcomes through the lens of Cushman & Wakefield's unique asset-grade slices.
Key Takeaways:
- Q1 2024 saw investment volumes reach c £485m, with confidence from investors and funders beginning to return;
- Yields were broadly flat across the asset grades with pricing remaining sensitive to income security;
- Pricing outlook generally positive, value growth likely coming as investor confidence gains traction;
- Uptick in portfolio level activity which is set to continue with further processes ongoing;
- Specialist investors have dominated activity by volume, but generalists and operational buyers remain in the mix;
- Average weekly fees flat vs previous quarter, albeit AWF across all stock was up 9% vs 2022;
- Grade A EBITDARM margins continue to grow.
