Board - page 41

Childcare +
Education
In 2011, day nursery transactional
activity continued the stumbling
pace of 2010. We witnessed an
increase in one-off, confidential
opportunities in the final quarter of
the year, as vendors’ aspirations
became more closely aligned with
the prices buyers were willing
to pay. Many nurseries reported
a higher than normal dip in
occupancy in September, which
created some uncertainty. The
beginning of 2012 will be crucial in
setting the tone for the rest of the
year — occupancy improvements
in January could shape the
landscape and make for a more
optimistic deal environment.”
Courteney Donaldson
Director, Childcare + Education
42
Business Outlook
2012
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