Briefing Note: Retirement Living
Scotland

Untapped potential in the Scottish
retirement living sector

Briefing Note - Retirement Living Scotland
Briefing Note: Retirement Living Scotland

22 June 2016, by Emily Dorrian

Whilst we have been aware that Scotland’s demographic is ageing there has been very little conversation to date about the implications and challenges this will bring to the housing market.

This report considers the geography of these demographics changes, home ownership and under-occupation amongst those aged 50 and over, and finally the value challenge facing both the development sector and prospective downsizers in Scotland. The report goes on to consider challenges and opportunities when planning, buying land for and designing developments within the retirement living sector.

With a growing older population who have a pressing housing need and equity to invest, not only is there a commercial opportunity, but a corporate responsibility for the planning and development sector to address this important market in Scotland. Ultimately, opportunities do exist to cater for this growing sector, but it will require a more collaborative and creative approach involving landowners, planners and developers to bring it to the market.

 

 

Articles from "Briefing Note: Retirement Living Scotland"

Research

22 June 2016

Research

As Scotland’s demographic ages, there is real potential to provide aspirational housing for the downsizer market. 

Planning

22 June 2016

Planning

The planning system has the potential to play a pivotal role in addressing the impact of demographic changes on housing demand.

Development Land

22 June 2016

Development Land

Development land in prime areas is continuing to see strong demand from developers and house builders.

Residential Development

The downsizer market is driven by aspiration. The desire to have a good quality of draws downsizers to some of Scotland’s most desirable areas.

 
 

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Key contacts

Emily Dorrian

Emily Dorrian

Associate
Residential Research

Savills Glasgow

+44 (0)141 222 4132