Bright Horizons is the latest nursery group to lease premises from the PINE Fund, a Jersey-based unit trust.
Alan Proto, partner of Nexus Pine, worked with Andrew Coulter of Coulter Consulting to secure the deal to acquire the 102-place Beaufort Park nursery, in Hendon, London, from property developers St George, a division of Berkeley Homes.
The PINE Fund has previously completed sale-andleaseback deals with Busy Bees, Bertram and Treetops nurseries. Mr Proto said, 'We are delighted to become landlord to Bright Horizons at Beaufort Park, and look forward to working with them in the future.'
