Childcare is now seen as equally essential to the functioning of a community as energy, according to a leading property expert, fuelling an ‘unprecedented’ boom in investment from across the globe.
Courteney Donaldson said the increase in the number of parents in work over the past 20 years, the Government’s ‘commitment’ in the form of 30 hours, and the weak pound, had signalled that childcare is a sound bet.
The Christie & Co’s childcare managing director told Nursery World, ‘The word we are hearing a lot of is “infrastructure”. Nurseries are increasingly seen as essential to community infrastructure. It’s because of that conception that overseas investors want to invest in childcare – when historically they might have invested in oil, gas and telecoms.’
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