Burgess Rawson strikes note of optimism as it readies for first portfolio auction of 2021
Burgess Rawson, the early childhood education and care (ECEC) focused real estate and business broker, has confirmed that 2021 started strongly with interest from both buyers and sellers as the momentum from 2020 continues.
“When talking to investors and sellers alike, there is a high level of motivation and interest,” Director and ECEC specialist Adam Thomas said. “With lighter volume last year, investors seem very eager to get things going in 2021.”
The next portfolio auction, to be held on 24 February, will see six ECEC centres available for sale, the largest number of individual centres included in a portfolio auction since pre COVID-19.
The following centres are included in the sale:
- 108 place centre in Throsby, ACT currently leased to Insight Early Learning
- 70 licence place centre in Castlemaine, Victoria currently leased to G8 Education Ltd
- 80 license place centre in Mount Martha, Victoria currently leased to Little Acorns Early Learning
- 127 licence place centre in Bairnsdale, Victoria currently leased to Evolve Education Group
- 134 licence place centre in Truganina, Victoria currently leased to Woodlands Early Education
- 46 licence place centre in Ashmore, Queensland currently leased to The Cottage Early Learning
“To commence our Portfolio Auction program with a solid line-up of six ECEC properties shows the confidence in the market and the sector more broadly,” Mr Thomas said.
“This is shaping up to be our busiest start to the year in memory, and bodes well for the market as a whole in 2021.”
The February auction will be held at the Crown Casino Melbourne from 11:00am EDT on 24 February 2020.
To view the ECEC properties included in the Auction please click here.