A sector-specific portfolio of modern early childhood education (ECE) centres,
strategically located in supportive regions across New Zealand, designed to deliver long-term value while supporting community-focused outcomes.
This sector is currently well-supported by Government funding. We closely monitor the performance of each centre, including child attendance rates and
the development of the local area compared to our expectations when purchasing a centre.
*Data as at 31 December 2024. Past performance is not an indicator of future results
$56m
Total portfolio value
100%
Portfolio occupancy
27%
Loan-to-value Ratio (debt/property value)
11
Properties
13
Tenants
10.7 yrs
Weighted average lease term (WALT)
To hold and grow a portfolio of early childhood education centres, diversified by region and tenant, to achieve greater resilience of income with scale.
To create long-term sustainable value for our investors and the best start for the children in our communities, through the provision of quality, fit for-purpose centres across New Zealand.
58 Ormiston Road is a high-quality childcare facility situated in the Ormiston town centre, approximately 20km southeast of Auckland CBD and only 600 m from Botany Junction Shopping Centre.
Built in 2017, the 1,721 sqm property sits on 5,209 sqm of land. Inside, the open-plan layout includes a foyer, kitchen, dining and meeting room, along with areas catering to specific age brackets. The property includes 44 car parks.
Situated in Hamilton’s expanding urban landscape, 30 Tuhikaramea Road is a premium childcare centre offering an essential service to the surrounding family-oriented community. Designed to accommodate early learning needs, this asset represents both a community benefit and a strong investment opportunity.
The state-of-the-art property is surrounded by housing and redevelopments of state-owned properties and backs onto Glen Innes School and is conveniently near motorway systems and the Mount Wellington interchange.
Designed by Ashton Mitchell Architects, the 855 sqm new-build early childhood education centre sits on 1,729sqm of land.
Tenant Childsteps Early Learning Centre is owned by GMG Trust, an experienced operator in the sector. It is to be licensed by the Ministry of Education for up to 105 children.
The property is a purpose-built childcare facility in the growing township of Rolleston, located 30 minutes’ drive southwest of central Christchurch.
Constructed in 2017 on 3,080s sqm of land, the property features concrete flooring, timber framing, weatherboard cladding, double-glazed joinery, and timber decking. It includes an infant room, under-two room with a sleep area, four-and-older spaces, an administration area and 32 car parks.
The property in Gulf Harbour is approximately 4km from the end of the Whangaparoa Peninsula and 30 minutes’ drive north of Auckland CBD.
Completed in 2021, the 565 sqm property sits on 1,927 sqm of land and includes 16 car parks.
Located in the heart of Auckland’s Hibiscus Coast community, the property was completed in February 2019. The 715 sqm property sits on 1,584 sqm of land, featuring steel framing, concrete and weatherboard cladding, coloursteel roof and ample natural light enhanced by the voids on the first floor.
It includes several separated indoor play areas, associated sleeping rooms, kitchen and offices. Outside, there’s a large play area with covered decking and 21 car parks.
With a strong focus on early education and a well-established tenant, this property is an essential component of a thriving local community.
Nestled within a well-established Auckland suburb, 15 Castlepoint Avenue is a modern childcare facility designed to meet the growing demand for early childhood education. Surrounded by a strong residential catchment, this property offers a stable and strategic investment opportunity.
Located in the heart of Wellington, 70 Ward Street is a well-established childcare facility serving the needs of families in the capital. This purpose-built property is an essential part of the community, providing high-quality early education in a secure and accessible environment.
The property was recently built on the outskirts of Blenheim and is located near several primary schools.
Completed in April 2019, the 450 sqm property sits on 2,290 sqm of land in the Omaka Landing subdivision. It features concrete foundations and flooring, timber-framed walls, weatherboard cladding and a profiled steel roof. Inside, there are areas catering to specific age brackets, associated sleeping rooms and administrative space. Outside there’s approximately 700 sqm of play area and 20 car parks.
Tenant Omaka Early Learning Centre is run by experienced early childhood education providers. It has a Ministry of Education licence for 80 children.
Located in Pukekohe, one of Auckland’s fastest growing areas, the centre is close to the main arterial route Puni Road and provides ease of access to Pukekohe town centre two kilometres away.
It will be a 444 sqm property on 1,830 sqm of land, accommodating 80 children.
Tenant Conscious Collective was established in 2019, by an experienced operator with 10 years in the sector.
Strategically positioned in Invercargill, 173 Bill Richardson Drive is a premium childcare facility that provides modern amenities and a well-connected location.
The property is centrally located in Avenal and within three kilometres of Invercargill CBD.
Completed in March 2020, the 452 sqm property sits on 2,408 sqm of land. It features an outdoor play area and 16 car parks.
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