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Prepare For Disruption & Don't Get Crushed: Learn More From Microsoft's Innovation Expert Ger Perdisatt |
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A rapidly ageing population and a projected shortage of beds are among the factors driving investor interest in the Irish nursing homes sector. According to a new Bank of Ireland report, Ireland is expected to have a shortfall of up to 7,500 nursing home beds over the next eight years.The report notes that the over 65 population will double over the next 20 years, while the number of people aged 80 and over will increase by 130,000 by 2030. Bank of Ireland Head of Health Sector Hilary Coates said there has been renewed interest from investors looking to raise finance to enter the nursing home market, while existing operators are seeking to grow through acquisitions and extensions. 
Coates said the shortage of beds is more likely to be a regional issue than a Dublin one. “With Dublin benefiting from more attractive Fair Deal rates and better access to staffing, the expected level of nursing homes built in…
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3 Left In The Running For €1B Guinness Redevelopment
Diageo has reduced its shortlist of potential partners to redevelop 12.6 acres of land at its St James's Gate site in Dublin 8 to three, and their final proposals for the €1B scheme are due to be submitted this month.…
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Employers Cite Affordable Accommodation As Hiring Barrier — U+I Sees 260 SF Apartments As Potential Solution
Cost, availability and poor quality of accommodation are the three biggest barriers to working in Dublin, according to employers at Dublin-based SMEs and recruitment companies. In a survey commissioned by developer U+I, 78% of recruiters said the high cost of…
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City Centre Apollo House Office Site For Sale As Demand Hits Highest Ever Level
The Nama-controlled Apollo House site in Dublin, which has planning permission for a 136K SF office block, has been put on the market and is expected to sell for between €40M and €45M. According to Savills, demand for office space…
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