MoZaïC Asset Management, an independent manager specialising in healthcare real estate, and BONARD, the global market research and investment intelligence firm for rented residential asset classes, have published data on the German assisted living market showing the scale of the asset class in the country.

The pair say this ‘first-of-its-kind report’ on the assisted living market in Germany shows there are a total of 1,368 assisted living establishments in the top 20 German cities providing a total capacity of over 64,859 apartments.

However, with the population of over-75s in the cities cumulatively accounting for 1.65 mln representing 17% of all German seniors, there is ‘clear lack of supply’ to meet the growing demand for assisted living residences, concludes the study.

The Germany Senior Living Report follows earlier work on the French market.

 

‘We are delighted to introduce the second study from a series of senior living country reports, produced in partnership with MoZaïC AM,’ said Samuel Vetrak, CEO of Bonard. ‘Despite the sizeable pool of potential customers of care service and independent living establishments, the supply remains limited. The provision rate for assisted living establishments in the biggest German cities is below 10%, creating a promising opportunity for the emergence of new developments.’

 

You can continue reading this article originally published on Property EU (November 2020) at the following link.
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