Care Market Review 2023
Welcome to the Care Market Review 2023, which captures the trends and sentiments that have shaped the sector in the 12 months to June 2023.
In this edition, Christie & Co provide you with their latest insight into how the healthcare transactional market has held up in the face of markedly increased interest rates. Following a benign interest rate environment since 2009, we have seen steadily increased debt costs across the whole economy with inflation rising for much of 2023 and gilt yields fluctuating.
How has this affected transaction volumes and buyer appetite in the sector?
Capturing the breadth of their market-leading activity across the healthcare sector, Christie & Co provide an overview of the trends seen across the transactional landscape, ranging from investment and development to WholeCo individual asset and group transactions.
Operators have faced rising costs in other areas of their business. Christie & Co provide a high-level analysis of the change in utility and staffing costs in the sector and share the results of their most recent operator sentiment survey.
Finally, with the continued evolution of cross-border activity between healthcare operators and investors in Europe, Christie & Co are pleased to introduce Marlon Schramm, their new Head of Healthcare in Germany. Historically, they have undertaken a significant amount of healthcare advisory work in Germany and, with Marlon’s appointment, are excited to be able to develop their transactional services further.
At Christie & Co, we have the largest, most experienced healthcare team in the sector, with a collective 500+ years of experience in brokerage, valuation, consultancy, investment, and development.