ON
🔍
← Back to feed
GREconomy3 days ago

Tenth private Greek school sold to foreign fund

A 63-year-old private school in Iraklio, Crete, has been acquired by the London-based fund Forfar Education, marking the 10th Greek private school purchased by foreign investors since 2024. The article notes that investment in Greece's private education sector has surpassed €1 billion in the past two years, driven by factors such as political stability and economic growth. Private school enrollment has increased since 2020 despite a decline in overall student numbers due to demographic changes.

A 63-year-old private school in Iraklio, Crete, has become the 10th Greek private school acquired by foreign capital since 2024, as London-based fund Forfar Education reached an agreement to purchase To Pagkritio – its second Greek acquisition after Rodion Pedia.

The wave of foreign buyouts now spans 10 institutions – eight based in Athens and Thessaloniki – with groups including Inspired Education, ISP, Cognita and Dukes Education among the buyers.

Investment in Greece’s private education sector has exceeded €1 billion over the past two years, according to the president of the Association of Private Schools, Charalampos Kyriakidis, who cited political stability and economic growth as key drivers.

Greek statistics show private school enrollment rose since 2020, even as total student numbers declined due to demographic contraction.

Read the full article at ekathimerini.com →
Source document: Association of Private Schools

1 reports

ekathimerini.comIndependentCenter3 days ago
Tenth private Greek school sold to foreign fund

A 63-year-old private school in Iraklio, Crete, has been acquired by the London-based fund Forfar Education, marking the 10th Greek private school purchased by foreign investors since 2024. The article notes that investment in Greece's private education sector has surpassed €1 billion in the past two years, driven by factors such as political stability and economic growth. Private school enrollment has increased since 2020 despite a decline in overall student numbers due to demographic changes.

Bias read (Center): The article presents factual information without overtly biased language or emphasis. It reports on the sale of a private school and provides data on investment trends in Greece's private education sector. There is no clear ideological framing or selective sourcing that would indicate a particular政治

Official sources cited

  • organisation Association of Private Schools

Go to the primary sources (1)

The official sources this coverage is built on. Read them directly to bypass framing.

  • organisationAssociation of Private Schools