Taaleem Expands Dubai British School Campus
Taaleem Holdings PJSC announces acquisition to expand Dubai British School - Emirates Hills, enhancing its educational offerings.
Summary
Taaleem Holdings PJSC has acquired land to expand the Dubai British School - Emirates Hills, aiming to offer premium education to more students.
In a strategic move to bolster its educational footprint, Taaleem Holdings PJSC has announced the acquisition of prime land and property assets in Dubai's prestigious Emirates Hills. This acquisition, pending legal and regulatory approvals, is set to expand the Dubai British School - Emirates Hills (DBSEH), further solidifying Taaleem's position as a leading provider of K-12 premium education in the UAE.
The newly acquired assets, currently housing the Amity Early Learning Centre, are located just 300 meters from the existing DBSEH campus. Taaleem plans to transform these properties into a state-of-the-art educational facility catering to students from FS1 to Year 2 by 2025. This expansion will not only increase the number of students Taaleem can serve but also provide a focused and self-contained learning environment for young learners.
In a move that underscores their commitment to seamless educational transitions, Taaleem will lease the newly acquired assets back to Amity Education Services for ten months. This arrangement ensures that Amity Early Learning Centre can continue operations, providing stability for students and parents while complying with KHDA regulations.
This expansion aligns with Taaleem's strategic goals of increasing premium seat offerings, as evidenced by recent developments at Greenfield International School. Furthermore, the expansion is expected to be EBITDA-accretive from the first year, indicating a positive financial impact.
For parents with children currently at Amity Early Learning Centre, Taaleem encourages early applications to DBSEH, with admissions subject to the standard process. This proactive approach ensures that the transition is as smooth as possible for all stakeholders involved.
Given Taaleem's strategic acquisition and expansion plans, coupled with the anticipated positive financial outcomes, the outlook for the company remains optimistic. Investors considering Taaleem Holdings PJSC should evaluate their portfolio strategies, but the current indicators suggest a buy recommendation, as the company's growth trajectory appears promising.
Source
Summary
Taaleem Holdings PJSC has announced its acquisition of land and property assets in Emirates Hills, Dubai, to expand the Dubai British School - Emirates Hills (DBSEH). The assets, currently housing the Amity Early Learning Centre, will be transformed into a modern campus for students from FS1 to Year 2 by 2025, pending legal and regulatory approvals. This expansion aims to enhance Taaleem's educational offerings and provide a focused learning environment for young students. Taaleem will lease the properties back to Amity Education Services for 10 months to ensure a smooth transition. The expansion is part of Taaleem’s strategy to increase premium education offerings and is expected to be financially beneficial from the first year. Parents of children at Amity Early Learning Centre are encouraged to apply for admission to DBSEH, with applications subject to the usual process.
