According to the Savills survey European OpRE Investor Sentiment, involving investors who collectively hold €540 billion in real estate assets under management (AuM), interest among European investors is increasing in both the care homes segment (42%) and senior living (42%). The most attractive segment within operational real estate remains PBSA (58%), followed by multifamily and single-family rental housing (each 52%) and co-living (50%).
David Sajner, Investment Director at Savills, says: “We are also seeing growing investor interest in the Alzheimer’s care segment in the Czech Republic. The largest player currently is Penta Hospitals, which operates 54 facilities. Specialised investment funds are also emerging, such as Property Fund for Living. Other local real estate funds are also monitoring this segment as they consider diversifying their portfolios into this asset class. Last year, CREDITAS Nemovitostní I acquired a network of six specialised Alzheimer Home facilities.” The growing importance of fund structures is also confirmed by Savills’ survey results, according to which 23% of respondents identified funds as their preferred investment vehicle, compared with 8% in 2025.
David Štrouf, Associate Investment Director at Savills, adds: “Investment in the senior housing segment in the Czech Republic remains relatively limited for now, but volumes are growing rapidly. Notable private investors and operators include ESG SeniorCARE, Senevida from the Penta Hospitals group, and Ambeat Group. In addition to real estate investors, healthcare institutions are also gradually entering this segment, with Nemocnice Na Pleši being one example.”
Investment in senior housing and Alzheimer care facilities is also being supported by demographic forecasts for the future development of the Czech population. According to data from the Ministry of Health of the Czech Republic and the Institute of Health Information and Statistics of the Czech Republic, nearly 85,000 patients with Alzheimer’s disease were recorded in the country in 2024, and this number could exceed 90,000 by 2030. At the same time, the study Innovation in Elderly Care by Boston Consulting Group states that by 2035, the number of people aged over 65 will increase by 325,000 in the Czech Republic, meaning seniors will account for nearly one quarter of the population. The number of people aged over 80 is expected to rise by as many as 380,000 to approximately 835,000.
Marcus Roberts, Head of Europe – Savills Operational Capital Markets, closes: “Our survey respondents are looking to invest c.€45 billion over the next three years alone across the OpRE sectors, with most expecting 2027 to be the year they are most active in that period.”
