BOOM IN HEALTHCARE INVESTMENTS CONTINUES
The trend in the healthcare investment market continued to show a clear upward trend in the first half of 2021. A good €1.7 billion was invested in healthcare real estate in the first half of 2021, exceeding the record figure for the same period in the previous year by almost 3%. Compared with the 10-year average, this represents an increase of more than double. These figures impressively demonstrate that, despite the Corona pandemic, the healthcare market is continuing to develop with great dynamism and is successfully establishing itself as an asset class in its own right. A fundamentally changed perception of risk on the part of investors plays a very important role here. On the one hand, demographic change provides a solid economic base characterized by a high level of rental security and comparatively low market fluctuations. On the other hand, reservations about operator properties are increasingly diminishing as a result of the progressive professionalization of operating companies, as in the hotel investment market. In addition, institutional investors in particular are focusing on diversifying their investment locations in order to further reduce the investment risk. As a result, portfolio deals accounted for almost two-thirds of the investment volume in the first half of 2021.