All Articles

Welcome to an ageing world

Research

As our two year anniversary has come up so quickly, we are not alone in getting older. Looking at the global distribution of age with under five vs over 65 years old, we are about to reach a global milestone. For the first time, people over 65 will outnumber those below five years.

Ageing societies is a phenomena of the western world, but it also becoming the norm around the globe in places like China and South America, who are ageing quickly as their economies and healthcare develop.  With this trend the need to become more accommodating for seniors will be crucial for their participation in society.

The real estate industry is still trying to figure out if care homes will become an asset class like others, but it is not only about care homes, making existing shopping centres and offices more accessible and senior friendly will be a priority necessary when 15% of all global population is above 65% in 2050. In most countries we are active as a business the percentage of over 65 year olds today is already substantially higher, with 22% in Italy, and 21% in Germany, and 17% in the UK. 

 

Disclaimer This article is intended solely for the use of professionals and is not for general public distribution. Any assumptions made or opinions expressed are as of the dates specified or if none at the article date and may change as subsequent conditions vary. In particular, the article has been prepared by reference to current tax and legal considerations that may alter in the future. The article may contain "forward-looking" information or estimates that are not purely historical in nature. Such information may include, among other things, illustrative projections and forecasts. There is no guarantee that any projections or forecasts made will come to pass. International investing involves risks, including risks related to foreign currency, limited liquidity particularly where the underlying asset comprises real estate, less government regulation in some jurisdictions, and the possibility of substantial volatility due to adverse political, economic or other developments. Past performance is no guarantee of future performance. The value of investments and the income from them may go down as well as up and are not guaranteed. Rates of exchange may cause the value of investments to go up or down. Any favourable tax treatment is subject to government legislation and as such may not be maintained. The valuation of property is generally a matter of valuer’s opinion rather than fact. The amount raised when a property is sold may be less than the valuation. Nothing in this article is intended or should be construed as advice. The document is not a recommendation to sell or purchase any investment. It does not form part of any contract for the sale or purchase of any investment. TH Real Estate is a name under which Henderson Real Estate Asset Management Limited provides investment products and services. Issued by Henderson Real Estate Asset Management Limited (reg. no. 2137726), (incorporated and registered in England and Wales with registered office at 201 Bishopsgate, London EC2M 3BN) which is authorised and regulated by the Financial Conduct Authority to provide investment products and services. Telephone calls may be recorded and monitored.

Torsten Steiner

Torsten Steiner

Research Associate

Torsten's biography