Elevate's Strategic Move: Acquires Hartland International School for $100 Million

In a strategic move marking its debut in the Middle East, Rava Partners, in collaboration with Alta Capital, has acquired the real estate assets of Hartland International School in Dubai for $100 million from NBK Capital Partners Real Estate Fund, as advised by Janus Henderson Emerging Markets Private Investments Limited. The transaction underscores Rava Partners' commitment to scaling high-quality educational infrastructure globally, reflecting its strategy as part of its real estate platform focused on education-oriented assets. Hartland International, a top-ranked school teaching the UK curriculum, is situated on a 9-acre site in Mohammed Bin Rashid City, managed under a long-term lease by Meraki Education. This acquisition not only marks Elevate’s first step into the Gulf Cooperation Council region but is also an extension of its investment success in education infrastructure in India, a market where it manages over 30 assets valued at approximately $1 billion. The deal, facilitated by Standard Chartered Bank as the sole lender, represents a milestone in the strategy emphasized by Joe Gagnon, Co-Head of Rava Partners, who is excited to capitalize on growth in the GCC region. The acquisition also highlights the rising investment appeal of educational infrastructure in the GCC, driven by robust demand and demographic trends.