The Covid-19 pandemic has highlighted the need for investment and innovation in the UK healthcare property sector, with long-term demand due to an ageing population combined with the accelerated closure of underperforming assets leading to a national bed crisis in care homes, according to Julian Evans, head of healthcare at Knight Frank.
UK care home sector needs £15bn of investment to avert bed crisis as Covid-19 accelerates closures
Knight Frank’s Julian Evans on how the pandemic is accelerating the closure of underperforming assets and why the shortfall is making the sector an even more compelling investment case
By Sharon Smyth
CoStar News
July 9, 2020 | 12:28 P.M.
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