Demand for quality fuels development
By RICHARD LUNN, director and head of healthcare at Christie + C
The care property market remains buoyant as we continue to see aggressive bidding from all parties.In this acquisitive climate,where demand continues to exceed supply, quality is key.With increasingly high standards imposed on new-build care facilities, higher prices are being paid for good quality homes.
It is a slow evolution,however ,as there are nowhere near enough new-build properties to make a significant difference to the overall quality of available stock. Although it is difficult for care home developers to compete with residential house builders,w