Hartland International School Sale Facilitated by King & Spalding
Deal News | May 13, 2025 | Legal Community MENA
King & Spalding acted as legal advisor to NBK Capital Partners Real Estate Fund in the sale of real estate leased to Hartland International School in Dubai. The real estate was acquired by Elevate, a company in the portfolio of Rava Partners in collaboration with Alta Capital. King & Spalding has been involved with the property since its original acquisition in 2017 and has continued to advise on all phases of the investment. Hartland International School, founded in 2015, is operated by Meraki Education, and NBK's focus has been on developing education infrastructure in the GCC. The King & Spalding team working on this deal included partners, counsel, and associates from its Dubai office. Janus Henderson Emerging Markets Private Investments provided investment advisory services to NBK Capital Partners in this transaction.
Sectors
- Real Estate
- Education
- Private Equity
- Legal Services
Geography
- Dubai, United Arab Emirates – The location of the real estate transaction pertaining to Hartland International School.
- GCC (Gulf Cooperation Council) – NBK Capital Partners is noted for its operations in developing education infrastructure within the GCC region.
Industry
- Real Estate – The article focuses on the sale of a real estate asset, specifically property leased to an educational institution.
- Education – The asset being sold is associated with Hartland International School, implicating the education industry.
- Private Equity – The involvement of NBK Capital Partners Real Estate Fund and Elevate, which is backed by private equity firms, places this within the private equity industry.
- Legal Services – King & Spalding's role as a legal advisor highlights the legal services industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hartland International School | Target company | Company | An educational institution operated by Meraki Education, whose property was the subject of the transaction. |
| NBK Capital Partners Real Estate Fund | Selling company | Company | The investor selling the real estate asset related to Hartland International School. |
| Elevate | Bidding company | Company | A portfolio company supported by Rava Partners and Alta Capital, acquiring the property. |
| Rava Partners | Backer of Elevate | Company | Collaborated with Alta Capital in supporting Elevate for this acquisition. |
| Alta Capital | Collaborator with Rava Partners | Company | Worked alongside Rava Partners in backing Elevate. |
| King & Spalding | Legal advisor | Company | Legal firm advising NBK Capital Partners on the transaction and original acquisition. |
| Janus Henderson Emerging Markets Private Investments | Investment advisor | Company | Provided investment advisory services to the NBK Capital Partners Real Estate Fund. |