Settled - 9 Helensvale Road, Helensvale

 
 

Muse Capital is pleased to confirm the settlement of 9 Helensvale Road, Helensvale on the 4th February 2019 and extends our congratulations to the vendor, Box & Co. 

Conditions in the Childcare sector have begun to rapidly improve with oversupply concerns easing and a new Federal Government subsidy program boosting demand for childcare places. 

Since November 2018, the Childcare industries largest operator, G8 Education, has bounced back significantly with their share price rising 54%. Similarly, Think Childcare, the second largest operator, has also risen 61% over the same period. 

A combination of these factors has seen the sector return to a balanced state despite earlier concerns, representing opportunistic buying for brand new centres with long term leases in place. 

COMING SOON - 201 Logan Road, Woolloongabba

Currently under construction, this brand new Childcare Centre is pre-committed to Foundation Early Learning, a subsidiary of Busy Bees, the largest Childcare Centre operator in the United Kingdom.

  • New 15 year lease with multiple options.

  • Rental growth of 5.75% in year 2 and 5.50% in year 3.  

  • Significant infrastructure in the precinct under construction including Cross River Rail ($5.4b) and Brisbane Metro ($940m).

Meletios Pikos