
The medical office sector continues to go from strength to strength, setting record highs for asking rents, sales volume and pricing in 2021. Demand is outpacing supply, vacancy remains tight and cap rates are compressing. Development activity is picking up, reflecting confidence in the sector. This performance is particularly impressive given the continued impact of COVID-19 on the healthcare industry and society in general. In this report, we address several key themes the healthcare industry is facing over the year ahead.
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