The Elderly Care Scorecard offers an in-depth examination of various key aspects of elderly care real estate, including investment volumes, major transactions, and investment yields on a quarter by quarter basis.
From an operational perspective, the scorecard dives into crucial areas such as average weekly fees by region, occupancy levels, cost pressures and EBITDARM outcomes through the lens of Cushman & Wakefield's unique asset-grade slices.
Key Takeaways:
- Year to date investment in UK elderly care totals £1.6bn, eclipsing the total for the 2023 full year.
- Total 2024 investment in UK elderly care expected to be £2.5bn by year end; the largest Cushman & Wakefield have recorded.
- Yields and cap rates remain stable with no sector requirement for discounting to drive volume.
- Market wide fee growth beyond expectations at 6.7% year on year.
- Broadly stable occupancy trend with market wide average of 89%.
- Robust whole market profit margins support the ongoing investment thesis.