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Global Education Communities Corp T.GEC

Alternate Symbol(s):  GECSF

Consumer Defensive Education & Training Services
Global Education Communities Corp. is a Canada-based education and student housing investment company. The Company is focused on the domestic and global education market. The Company operates business and language colleges, student-centric rental apartments, recruitment centers and corporate offices at 41 locations in Canada and abroad. Its education subsidiaries include Sprott Shaw College Corp., Sprott Shaw Language College, Vancouver International College Career Campus, and CIBT School of Business & Technology Corp. It offers over 150 educational programs in healthcare, business management, e-commerce, cyber-security, hotel management, emergency paramedic, and language training through these schools. It owns Global Education City Holdings Inc., an investment holding, and development company focused on education-related real estate. It also owns Global Education Alliance Inc. and Irix Design Group Inc. It serviced over 14,277 domestic and international students.


TSX:GEC - Post by User

Global Education Communities Corp
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Comment by FRIESLANDER02on Mar 30, 2017 9:12pm
102 Views
Post# 26055755

RE:RE:Lots of different buyers now

RE:RE:Lots of different buyers nowThere is an acute shortage of rental properties in Vancouver and a surplus of students looking for rental accomodation. Vacancies are essentially zero. Why did anybody need CIBT to develop rentals and surrender to them 1.664 million in rental income in Q1 derived from 220 beds thus yielding 2500.00/month in rent per bed? VIVA/GEC has an offshore partner. Was anything left for them? Acquiring KGIC's assets today provoked selling in MBA shares. Why? The news is stale. 
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