Funds happy playing in childcare space

Funds happy playing in childcare space
Rainbow Corner, Enderley, ticks the feel-good box. (Image: Supplied)
Brent Melville
Daycare centres are no longer child’s play, with investors seeing them as long term, stable investments in a sector where returns are underwritten by the government.Property syndicators Erskine & Owen, PMG Funds and Quarry Capital have been active players in the early childhood education (ECE) property space. It’s not hard to see the attraction, with funds currently offering stable income returns of between 6% to 7%. And despite two years of pandemic disruption, childcare education operators managed to eke out a good y...

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