Investors snub outpatient in HBI poll
A poll by HBI of attendees at our recent Investor Panel webinar shows that, while opinion is divided on when deal flow and valuations will normalise, there is no doubt which sectors they think are most attractive right now.
Attendees of the webinar – where executives from UBS, TPG Capital, EQT Infrastructure and REIT Icade Sante spoke – are clearly divided on the broader investment climate during and after COVID. 44% think the next 3 months will see no change from pre-COVID valuations while roughly equal parts of the remainder think they’ll increase or decrease.
There is just as much division on when deal flow will normalise. It ranges rom 25% saying Q4 2021to 15% saying Q1 2021 while one respondent reckoned it would normalise in the current quarter (Q4 2020).
The picture is much clearer on which sectors they thought were most attractive. Telehealth is by far the winner with 27 choosing it, while 13-16 chose labs, hospitals and elderly care. Outpatient services scored badly despite roll-up opportunities, with only 4-6 hits each and primary care landing 8.
We would welcome your thoughts on this story. Email your views to Cameron Murray or call 0207 183 3779.
