Colliers has drawn up a report that states that, over the next 15 years, Spain will need to create 200,000 places in retirement homes to cope with demand. In total, they estimate that 37% of the population will be over 65 years of age by 2050.
In the eight largest European countries, the elderly will number 21.7 million people in 2035. 25% of the population in Denmark, France, Germany, Italy, the Netherlands, Poland, Spain and the UK will be over 65.
Damian Harrington, head of research at Colliers EMEA, believes that as the baby boom generation ages, demand will increase: “They will want state-of-the-art facilities that focus on technology and quality healthcare provision.” He also believes they will have greater purchasing power than today’s seniors, leading to new demands.
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