Specialist business property adviser Christie & Co is predicting more consolidation among nursery operators and a continued loss of capacity as a result of smaller settings closing, in market predictions for the year ahead.
The company saw a 27 per cent decrease in the number of day nurseries sold in 2023, compared with 2022.
However, Christie & Co said they remain ‘cautiously optimistic’ about the continued demand for high-quality settings across the country.
Their Business Outlook 2024 report reflects on the themes, activity and challenges of 2023 and forecasts what 2024 might bring for the day nurseries sector.