Investing in the senior housing and healthcare sector on an international basis can be complex, owing to the very specific regulations that apply to nursing homes in different countries, Benjamin Cabanes, director real estate for operator Korian explains.
“You really need to get into the regulations and understand the ways of working around the regulations because it impacts the building specifications,” he said. For instance, it may affect the number of single and double rooms as well as the total number of rooms that a particular home can have and this differs from country to country.
“In Germany it may also depend upon which federal state you are operating in,” Cabanes said.
He added that when investing in a care facility it may be helpful to not think in terms of a single use because providing accommodation for different stages of old age can enable the investor to capture more of the market.