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English news

27-Nov-2017

Dubai Investments leads acquisition deal of Kent College campus

Dubai Investments has led a consortium of investors to acquire Kent College Dubai campus through its subsidiary Al Mal Capital in a sale and leaseback transaction. The campus has been leased back to the operator for a long term period, the company said in a statement. It added that the acquisition is part of Dubai Investments' strategy to acquire income-generating real estate assets with a strong focus on the education sector. Kent College Dubai, the first international campus of Kent College Canterbury from UK, is operated by a subsidiary of Mir Hashem Khoory. It is a premium K-12 British curriculum institution with 2,200 student capacity located in the Nad Al Sheba area of Dubai, UAE. It started its operations in 2016 and is spread over an area of over 560,000 square feet. 

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