Retirement living comes of age

This Knight Frank report forecasts increased growth in the UK’s Retirement Living market over the coming years. It forecasts:

• that the total number of private Retirement Living units will increase by 30% between 2017-2022
• investment is being led by private sector development
• that the private sector’s market cap will increase by 50% in value between 2017-2022, from £29bn to £44bn
• growth is being driven by the increase in older people and increased investment into the sector as it matures, and
• there are currently 10 million people (18% of our nation’s population) over the age of 65 in England. This is forecast to increase by 20% to 12 million people in 10 years