On 9 September 2026, experts from JLL, Pecuria and ORIZN made statements on the current situation on the nursing home market at an online press conference. Here are excerpts from these statements:
Peter Tölzel, Senior Director Healthcare Investment at JLL
"We expect the healthcare investment market to end up above its long-term average of around two billion euros in transaction volume again in 2026. Nevertheless, we cannot yet speak of a complete return of the market: individual major transactions distort the picture considerably."
"The nursing home market does not have a demand problem, but a profitability problem. In order for construction to resume on a larger scale, at least one of three levers must be effective: lower construction costs, higher refinanceable rents or effective tax incentives."
"The construction of new nursing homes has not come to a standstill, it is just running on a smaller scale. In 2026, new buildings were also sold to institutional investors from Germany. This is far from enough to meet demand – but it shows that the market is still working in principle."
Pascal Kleine, Managing Director Pecuria
