NBK Capital Partners has completed the acquisition of the Dubai campus of a K-12 international curriculum school in a sale-leaseback transaction. This follows the firm’s strategy to acquire income-generating real estate assets across the GCC. The school operator has leased back the campus over the long term and will continue to operate and manage the school.
The Real Estate investments platform augments the highly successful Private Equity and Private Credit investment businesses at NBK Capital Partners.
“Our MENA Real Estate platform focuses on aggregating a portfolio of existing income-producing assets and delivering a stable yield to investors. We are actively pursuing opportunities in defensive sectors like Education, Healthcare and Logistics across the entire GCC” said Mr. Yaser Moustafa, Senior Managing Director of NBK Capital Partners.
Institutional investors continue to invest in private education in Dubai, encouraged by the positive outlook, the transparent and active regulation by the Knowledge and Human Development Authority (KHDA), and the sector’s resilience to economic cycles.