GEMS School Management (GSM), the advisory arm of GEMS Education, has announced plans to explore the establishment of an international school in Limassol, Cyprus, in partnership with CoolSide Development.
Under a non-binding agreement, CoolSide will hold the majority stake in the venture. GSM will provide operational leadership, management expertise, and access to its education platform, which has been built over six decades.
The school will be located in Pyrgos, a district in eastern Limassol that faces the sea. The location is experiencing growth, with local and expatriate families seeking education options in the area. Existing schools in the city operate at full capacity.
CoolSide Development partners with GEMS for Cyprus school project
The campus will be developed in partnership with P.L. Property Gallery Developers and Constructors Ltd. It will form part of an integrated residential development in the area. The campus will include facilities and a curriculum aligned with standards used globally.
“This partnership marks an important step in GSMโs 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,” Robert Tarn CBE, Managing Director of GSM said in a statement.
“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,” Maxim Nazimok, Group Managing Director at CoolSide added.
Limassol education sector to expand with GEMS international school plans
The collaboration strengthens GSM‘s position as a partner for investors, operators, and governments seeking to establish or enhance educational institutions globally.
The announcement outlines a potential collaboration between GEMS School Management and CoolSide and is non-binding in nature, creating no legal or financial commitment by either party.
