Is repurposing and transforming unwanted retail, hospitality and automotive property stock the way to solve the 2030 care home bed crisis?
Research undertaken by JLL suggests that the UK will need some 10,000 new beds per year for every year until 2030 in order to meet demand and avert a looming bed crisis. Research by Knight Frank in their recent Healthcare report shows that in the 2019/20 financial year, a total of 7,058 beds (122 homes) were newly registered and 6,789 (233 homes) were de-registered. In short, supply is not meeting demand – in fact, it is in danger of receding.