Retirement and nursing homes are actually considered facilities with a stable and future-oriented business model.
As society ages, demand increases.
The government grants also guarantee secure income.
This has also made senior accommodation attractive for investors in recent years.
6500 of the total of 15,000 German nursing homes today have a private provider.
But now the boom is over for the time being. Since homes have been considered dangerous places since the outbreak of the corona pandemic, seniors and their relatives avoid them as long as possible. For many operators, occupancy rates and financial reserves are shrinking. The consequences are dramatic.