CHILDCARE CENTRES - AS DEMAND RISES , IS NOW A GOOD TIME TO INVEST ?
While uncertainty across the Australian economy has been high after the onset of COVID-19 which locked down the country from March 2020 , this did not slow a large portion of the investor market who were keen to continue to invest in commercial property . Some traditional asset classes such as office and retail were impacted by forced business closures , work from home mandates and rising unemployment . We saw many buyers active in the marketplace positioning themselves after the Reserve Bank of Australia announced the unprecedented interest rate reductions . While there was an immediate halt to transactional activity during this time , as we entered the 2020 / 21 financial year , we saw both buyers and sellers more willing to transact despite these unprecedented times which has continued into 2021 / 22 .
The rise of alternative investments was in full swing prior to this pandemic period , however the increased volume of funds looking for a home in the marketplace saw many buyers move up the risk curve and consider new opportunities .
Private investors most notably were actively pursuing assets such as service stations , data centres , medical centres and childcare due to them being “ set and forget ” assets with long term , secure income streams .
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