Senior homes on the up – but UK still faces huge shortfall

Zenzic has long viewed senior living housing as a growth sector and it’s good to see React News reporting that the number of completed senior homes is up 6% at the end of last year, according to Knight Frank. They estimate that around 50,000 new senior homes are required to be built annually to accommodate the UK’s aging population – up from the five-year average annual delivery of 7,511. This means only 15% of the stock required to meet demand is currently being built.

Last year, we produced a white paper discussing the investment development opportunities in the senior living sector with policy initiatives, delivery targets, and an ageing population indicating a prosperous future.

To read the report, see click here.