Global healthcare sector set to grow despite economic uncertainty
The global healthcare sector remains buoyant and is expected to grow despite a challenging economic outlook, according to Knight Frank.
Investors remain confident in the long-term opportunities presented by the sector, with investment in care-related real estate reaching $38 billion in the year to June 2023, accounting for 4.3 percent of total global real estate investments.
This comes as the global population shifts rapidly towards an aging demographic, which is anticipated to drive demand for elderly care beds, particularly for full-time nursing care delivered in specialized facilities. Investors have seized upon this trend, with North American capital contributing almost 68 percent of the funds deployed in the past year, while France and Belgium attracted the highest levels of cross-border investments.
Among different buyer types, private capital emerged as the most active purchaser overall. However, when considering net purchases, cross-border investors, ins