Investment in European healthcare property set to grow in 2022

Knight Frank expects the healthcare property market to keep the momentum going in 2022 following improved investment volumes in 2021. According to the company’s most recent research, transaction volumes for the European elderly care assets hit €9bn last year, up 17% from 2020, with the UK, Germany and France accounting for around 71% of total transaction volumes. The Nordic countries have also continued to build up their presence within European healthcare, with Sweden emerging as one of the top four European countries for investment and Denmark seeing €122m of transaction volumes. Knight Frank’s expectations for further growth came amid Europe’s rapidly ageing population with the number of people over the age of 65 projected to grow by 29% by the year 2050, while the over 80s population is set to rise to over 11% from 6%. Julian Evans, head of healthcare at Knight Frank, said: “With positive transaction volumes recorded, we anticipate 2022 will be another strong year, with a mixture of REIT and institutional spending as well as cross border capital sitting at the root of this.” To send feedback, e-mail evelina.grecenko@eg.co.uk or tweet @Gre_Eve or @EGPropertyNews