07 / Insights

From the practice.

Selected writing on the structuring and operation of international schools in Korea and the Philippines.

Coverage Korea · Philippines
Authored by The Partnership
Cadence Periodic, on subject
May 2026

PropCo and OpCo — Structural Separation for Long-Duration School Assets.

A note on the architecture by which a school generates two distinct return profiles: operating cash flow from the OpCo, and asset appreciation from the PropCo. Long-term lease design, lender expectations, and the conditions under which separation outperforms vertical integration.

Structuring In preparation
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Mar 2026

Foreign-School Regulatory Pathways — Korea and the Philippines.

Comparative architecture of the two regimes. Foreign-capital caps, profit-repatriation routes, Busan Free Economic Zone treatment, DepEd operating guidelines, and the structural decisions each regime forces at incorporation.

Regulation In preparation
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Jan 2026

Brand Step-In and Quality Assurance in Heritage Education Licensing.

How master licence agreements are structured to protect the heritage institution while leaving operating room for the local sub-licensee. Step-in triggers, brand-QA inspection cadences, and the contractual posture that earns multi-decade tenure.

Licensing In preparation
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Nov 2025

The Economics of the Founding Cohort.

Why the first eighty families set the trajectory for the next twenty years. Pricing discipline, sibling discounts, founding-family covenants, and the early-stage governance that distinguishes a long-duration school from a short-cycle business.

Operations In preparation
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Oct 2025

Land Value, Mixed-Use Development, and the School as District Anchor.

A framework for modelling the valuation lift that a tier-one school confers on a master plan. Comparable evidence from Korean and Philippine developments, lease structures that align school operator and land owner, and the timeline at which uplift is realised.

Real Estate In preparation
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Selected engagements remain confidential. Inquiries are reviewed by the partnership.