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Consolidation in nursery market set to continue, following highs of 2022 deals

The year 2022 saw an ‘unprecedented’ volume and value in childcare deals with offers 17 per cent above asking price, according to Christie & Co, which predicts there will be more consolidation in the sector this year.
Robert Peston (left) with Christie & Co managing directors Carine Bonnejean, hotels, Simon Hughes, medical, Courteney Donaldson, childcare & education at the British Museum Business Outlook report launch event on 19 January 2023
Robert Peston (left) with Christie & Co managing directors Carine Bonnejean, hotels, Simon Hughes, medical, Courteney Donaldson, childcare & education at the British Museum Business Outlook report launch event on 19 January 2023

Launching its 2023 Business Outlook report, specialist property adviser Christie & Co said that ‘impressive prices’ were achieved for ‘the most desirable’ single-site nurseries and groups, including London and ‘sought-after cities’, such as Leeds, Greater Manchester, Bristol, Glasgow, and Edinburgh, as well as in the south-east and the Midlands.

During an expert panel discussion at the launch event of the report at the British Museum on Thursday evening, hosted by journalist Robert Peston, on the subject of ratios, Courteney Donaldson, managing director, childcare and education at Christie & Co, said there was 'a lot of nervousness in the sector about reducing childcare ratios', and its impact on quality and safeguarding.

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