Retirement housing developing to meet increased client demands

摘要

With recent ONS figures predicting that in 10 years' time the proportion of the UK population over the age of 60 will reach 27%, the need to address the significant undersupply of retirement housing has never been greater, Developers and investors are rising to the challenge. Recent equity investments by savvy funds such as Oaktree and Moorfield in strong management teams (Pegasus and Audley respectively) is evidence of the growing momentum in the retirement housing sector, This looks set to be further boosted as weak post-Brexit vote sterling provides short-term encouragement to foreign investors looking to invest in the sector.