Highly coveted childcare assets have encountered challenges in more recent times as a result of an over-supply in childcare licences, investigations into childcare operators, and government interventions.
The COVID-19 pandemic declared by the World Health Organisation on 11 March 2020 continues to dominate headlines. As governments implement strategies to address health and economic implications, the valuation industry grapples with the concept of “Market Uncertainty”.
Whilst traditional commercial property assets face headwinds from the current economic circumstances the healthcare sector would appear less volatile as tenants’ businesses continue to operate, providing essential services, which reduces the potential for vacancy risk with expected ongoing financial support from the government.