Healthcare real estate transactions in the United Kingdom reached £3.2 billion ($3.71 billion) in 2024, the highest figure seen since 2020, according to property adviser Knight Frank.
Against a backdrop of macroeconomic uncertainty, 2024 saw investors confirming their positive sentiment in the healthcare sector. Elderly care continues to generate the most interest from investors, accounting for 68 percent of total transactions. In addition, private hospitals took some share of the reported volume, accounting for 29 percent, and the final 3 percent was made up by adult specialist care, primary care and childcare.
Demand from overseas capital in 2024 reached 52.5 percent, with U.S.-based REITs and private equity groups ramping up their activity and driving transaction volumes to account for 66 percent of global flows into U.K. healthcare, compared to 34 percent from the European Union.
Both small and large portfolios are transacting — a sign of both market entr