Aflood of post-pandemic sales led to a buoyant nursery market in 2022, but there is a different picture now with sales ebbing and buyers being more cautious about the settings they acquire as the sector faces a wave of new challenges.
‘We are in a very different place this year in market terms,’ says Courteney Donaldson, managing director of childcare and education sectors at Christie & Co. ‘Last year was an especially monumental year for nursery transactions. After a full year of, dare I say, “normalised” trade following the pandemic, there was a surge of owners contemplating sales and retirement, which fuelled the market.
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