Wealth manager Australian Unity is making its first foray into the childcare sector, launching this month a new fund, seeded with six facilities worth $30 million, with another 12 centres in due diligence.
“Childcare centres are growing in investor popularity, with the sector enjoying strong bipartisan support,” said Ryan Banting, general manager for social infrastructure at Australian Unity. Further consolidation in property ownership is expected, with the two largest childcare landlords, both ASX-listed – Charter Hall Social Infrastructure Fun and Arena REIT – owning just 7.5 per cent of the market.
Need help to Startup your Small Business or Advice? Meet a diligent team of Professional Business Coaches, Accountants, We help Startups & Existing Businesses develop business documents open doors to loans and partnerships via Business Plan