JLL’s inaugural UK Seniors Housing review demonstrates the opportunity that exists within the UK as the population ages.
Insight
UK Seniors Housing Report 2024
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The UK population is ageing rapidly and the current and future cohorts of older people have high levels of affluence. This report explores the continued disparity between the proportion of affluent older people versus the sector provision, which is heavily skewed towards an affordable tenure.
There is a substantial development pipeline but this is not keeping pace with population growth, hence the demand – supply imbalance will continue to be exacerbated for the foreseeable future.
We believe the sector offers exciting opportunities for operators and investors to develop much needed Seniors Housing which is fit for the future and secures widespread ESG benefits.