UK figures make compelling case for care home investment

Following the pandemic, a study of demographics convinced the directors of London-based Rynda Property Investors that it should focus on the care home and purpose-built student accommodation markets.

A mixture of fortune and good planning had meant that the company had sold 90% of its existing portfolio by the end of 2019.

“That allowed us the luxury of thinking through where we felt the property market was going to develop,” said Rynda Property Developers chief executive Michael Walton.

“Out of that analysis and with a few strategic recruitments we are now heavily involved in care home acquisitions,” he told Real Asset Insight’s Richard Betts. The company acquired nine assets in the last 11 months, spending just under £200 million on behalf of existing clients the followed the firm into the sector.

The company is now looking also at the senior living market. “We are doing the research on the to-sell model and the to-rent model. The balance of probability is we will get more involved in the to-rent model which creates greater flexibility for the residents which is better for the property investment, ultimately.”

The company will continue in the care home market but intends to broaden its focus.

Click on the video to watch the full interview or listen to the podcast below.