In 2019, there were nearly 5.7 million people aged over 75 in the United Kingdom, which made retirement living the largest segment in the operational (co-living) real estate sector by potential market size. Nevertheless, purpose built student accommodation (PBSA) was the segment with largest investment volume in 2018. Purpose-built residential buildings are different by design compared to for-sale residential buildings. They suggest more communal space and facilities which can be shared by the site residents.
Target market size of build to rent, student accommodation and retirement living real estate in the United Kingdom (UK) in 2019
(in millions)
Characteristic
Market size in million people
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Savills. (June 20, 2019). Target market size of build to rent, student accommodation and retirement living real estate in the United Kingdom (UK) in 2019 (in millions) [Graph]. In Statista. Retrieved July 04, 2024, from https://www.statista.com/statistics/1119184/market-size-build-to-rent-student-housing-elderly-care-united-kingdom-uk/
Savills. "Target market size of build to rent, student accommodation and retirement living real estate in the United Kingdom (UK) in 2019 (in millions)." Chart. June 20, 2019. Statista. Accessed July 04, 2024. https://www.statista.com/statistics/1119184/market-size-build-to-rent-student-housing-elderly-care-united-kingdom-uk/
Savills. (2019). Target market size of build to rent, student accommodation and retirement living real estate in the United Kingdom (UK) in 2019 (in millions). Statista. Statista Inc.. Accessed: July 04, 2024. https://www.statista.com/statistics/1119184/market-size-build-to-rent-student-housing-elderly-care-united-kingdom-uk/
Savills. "Target Market Size of Build to Rent, Student Accommodation and Retirement Living Real Estate in The United Kingdom (Uk) in 2019 (in Millions)." Statista, Statista Inc., 20 Jun 2019, https://www.statista.com/statistics/1119184/market-size-build-to-rent-student-housing-elderly-care-united-kingdom-uk/
Savills, Target market size of build to rent, student accommodation and retirement living real estate in the United Kingdom (UK) in 2019 (in millions) Statista, https://www.statista.com/statistics/1119184/market-size-build-to-rent-student-housing-elderly-care-united-kingdom-uk/ (last visited July 04, 2024)
Target market size of build to rent, student accommodation and retirement living real estate in the United Kingdom (UK) in 2019 (in millions) [Graph], Savills, June 20, 2019. [Online]. Available: https://www.statista.com/statistics/1119184/market-size-build-to-rent-student-housing-elderly-care-united-kingdom-uk/