Public and private capital are reshaping the United Kingdom healthcare real estate market, with listed REITs playing an increasingly active role in driving investment activity. In an interview with IREI, Caryn Donahue, director – head of healthcare and senior housing, operational capital markets Savills, and Tom Atherton, strategy and market intelligence manager at the firm, discuss the factors behind rising cross-border investment, the role of private-pay dynamics and supply constraints, and how opportunities and risk-return profiles differ across care homes, hospitals and primary care.
Recently, the firm reported that more than £12 billion ($16 billion) was deployed into United Kingdom healthcare real estate in 2025, the highest annual total on record, with activity spanning care homes, hospitals and other healthcare assets. Care homes accounted
