Property fund spends $4.2m on first childcare centre
Erskine & Owen confident despite rapidly changing ECE landscape.
A fund that invests in early childhood education (ECE) centres has bought its first centre and is forecasting an annual net pre-tax return of 6.25% to wholesale investors.
Auckland-based commercial property syndicator Erskine & Owen is managing the syndication, called the NZ Daycare Properties
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