Demand growing for German and UK healthcare assets
Demand for healthcare assets in Germany and the United Kingdom continues to grow as investors increase transactions into both markets.
Germany recorded an investment volume of around €3.76 billion in 2021, exceeding its 2020 result by 8 percent, according to CBRE, while Knight Frank has reported that improving occupancy rates are expected to continue throughout 2022 in the United Kingdom, with the sector expected to return to pre-pandemic occupancy levels. Care homes were by far the most important segment in Germany in 2021, making up a 65 percent share in the market. However, compared with 2020, their market share contracted by around 5.6 percentage points. The market share of clinics also entered a downtrend, shedding one percentage point to 3.6 percent. By contrast, medical centres expanded with growth of 3.8 percentage points, which puts them above the 10 percent mark (at 10.3 percent) for the first time. The a