Retirement Living - Where is the Opportunity?
Jones Lang LaSalle (JLL) have published this report that explores the market and examines the huge potential that exists for operators, developers and investors.
It highlights a chronic shortage of high quality retirement housing is reaching crisis point in the UK.
By 2025 JLL estimates 725,000 housing-with-care units (24 hour assisted care) are desperately needed to meet demand from the ageing Baby Boomer generation.
Many of these retirees want to live in specialised housing, and they have the cash to afford it with over 65s currently holding £800 billion in housing equity.