The care home sector – a forecast for 2008

Posted on June 1st, by editor in Caring Times. No Comments

By IAN WILKIE, group managing director, GLP Taylors

The year ahead is likely to see three or four key trends influencing activity which will create a subtle change to the landscape of the last few years. We will see development activity increase, with most corporate operators now setting out a programme of growth through addition of new assets. This is driven by limited suitable acquisition targets, a general flight to quality by both providers and purchasers of care and also a reluctance to buy in mid-market quality at top market prices.

Larger operators are now taking a longer term view which is not simply

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