GEMS School Management to Bring Global Education Excellence to Cyprus

GEMS School Management (GSM) has unveiled plans to potentially establish a new international school in Limassol, Cyprus. This initiative is in collaboration with CoolSide Development, a prominent real estate firm in the region. The proposed school aims to cater to the growing demand for high-quality education among local and expatriate families.

The school will be strategically positioned in Limassol's rapidly developing eastern district of Pyrgos, offering a prime location with sea views. This area is experiencing significant growth, making it an ideal spot for the new educational institution.

Under a non-binding agreement, CoolSide will hold the majority stake in this venture. Meanwhile, GSM will provide operational leadership and management expertise. They will also offer access to their global education platform, which has been developed over six decades of excellence.

The collaboration with P.L. Property Gallery Developers and Constructors Ltd ensures that the school will integrate seamlessly into the ongoing residential development in the area. The campus promises exceptional design and advanced facilities, alongside a curriculum aligned with global best practices.

Robert Tarn CBE, Managing Director of GSM, expressed enthusiasm about this partnership. "This partnership marks an important step in GSM's growth strategy and reinforces our mission to bring outstanding education to new markets. Cyprus offers a compelling opportunity, a stable economy, a vibrant expatriate community, and a clear demand for quality schooling," he stated.

Maxim Nazimok, Group Managing Director at CoolSide, echoed these sentiments: "We are delighted to explore this collaboration with GSM to create a truly world-class school in Limassol. This project reflects our shared commitment to excellence and our vision to deliver prime location developments that enrich communities and create lasting value."

This potential collaboration further solidifies GSM's reputation as a trusted global partner for investors, operators, and governments looking to establish or enhance leading educational institutions. The announcement highlights that this agreement is non-binding and does not create any legal or financial obligations for either party involved.

The initiative represents an exciting opportunity for both GSM and CoolSide as they aim to meet the growing educational needs of Limassol's diverse community while contributing positively to the area's development.