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Scarce sites and staff main obstacles for senior housing

Although demographic trends are driving steady increase in demand for senior housing in all its forms the challenges include finding appropriate sites and the lack of qualified personnel to run facilities.

“We have to give more incentives to project developers so that they are able to establish new homes, not only in Germany but also in France and Spain,” said Swiss Life Asset Managers MD transaction healthcare Nikolai Schmidt.

He added that even in Southern Europe, where it is often assumed that seniors will be cared for within families, this is increasingly no longer the case and  more facilities are required there too.

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