• In 2020, the German healthcare real estate market achieved a record result of €3.38bn

  • Care homes significantly expanded their market share again to currently 72%. The share of the now established assisted living sub-asset class also increased to 14%

  • International investors were disproportionately represented with a market share of 69%

  • Growing investor demand, scarce supply, and extremely reliable cash flows in the short and long term, also during the pandemic and economic crisis, are factors that put downward pressure on the prime yields of care homes

  • In 2021 as well, with investor demand running high, the only factor of constraint on the investment volume will be limited supply