Amanat sells off land housing the North London Collegiate School property

Amanat to sell NLCS property for AED 453 mn: Amanat Holdings is selling the land leased out to North London Collegiate School (NLCS), through its subsidiary AHH Alpha, to an undisclosed third-party buyer for AED 453 mn, according to a disclosure (pdf). The transaction is expected to wrap in 3Q 2025, and will include a finance lease tied to the property.

The sale is part of a plan to focus on core healthcare and education holdings. The company did not specify how it will use the proceeds, or if the funds will go toward new investments or its balance sheet. It replaces a put option agreement between AHH and NLCS signed in May 2025.