How senior living is evolving for ageing populations

A swathe of new U.K. operators and developers are busy securing capital for senior living projects. Untold Living, backed by investor Matter Real Estate, is working on three developments of purpose-built retirement housing with care, including properties to buy, rent and own through shared ownership.

In London, luxury operator Riverstone is expanding with a fourth prime site, complete with care services for residents who need more support.

The average price of senior living in the U.K. is up 21% over the past five years, according to JLL. And a 2023 survey found 44% of investors expect to grow their senior living portfolios.

“Investors are currently looking to diversify assets for growth and resilience,” Gladstone says. “And in the U.K. mixed tenure and rental models providing steadier income streams, are starting to join traditional ‘for sale’ options.”