Nursery World - Childcare property market sees 15 per cent increase in deals

The number of deals in the childcare sector rose by 15 per cent
last year and is predicted to do the same in 2015, according to Christie
and Co.

Head of childcare Courtney Donaldson said the childcare property sector had fared better than most, while the average per nursery sale price is set to reach the pre-recession high of £1m this year.

Speaking at the launch of the property company's Business Outlook report for 2015, she said, 'Childcare is increasingly seen as a necessity and not a discretionary spend. Across all the sectors in which we operate childcare seems the least badly affected by the recession - especially when compared to areas such as pubs.

'Last year, activity was 12-15 per cent ahead of that in 2013 and I'd expect to see the same level this year, though the election will cause a period of stagnation of about six weeks.

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