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Global Education Communities Corp T.GEC

Alternate Symbol(s):  GECSF

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

Post by ThesisCapitalon Oct 21, 2020 3:36pm
84 Views
Post# 31756449

CIBT Education Group (TSX: MBA) Investor Webinar on Oct. 29

CIBT Education Group (TSX: MBA) Investor Webinar on Oct. 29
On October 29, we will be hosting an investor webinar with CIBT Education Group, Inc. (TSX: MBA) (OTCQX International: MBAIF). Based in Vancouver, CIBT is one of Canada's largest education and student housing investment companies.
 
Webinar details:
 
When: October 29, 2020
Time: 10:00 am (PST) / 1:00 PM (EST)
Call in details: CA: 1 778 907 2071 | US: 1 669 900 9128
Webinar ID: 848 8267 9699
 
 
Investment Highlights:
 
• CIBT is bucking the market trend caused by the COVID-19 pandemic
 
• Vancouver has one of the lowest vacancy rates ~1% in Canada
 
• Due to high demand for rental accommodations, CIBT's rental apartment portfolio has increased in value significantly
 
• Domestic enrollment in CIBT's educational institutions has increased despite the global pandemic
 
• Domestic students make up 70% of current tenants in CIBT' rental apartments
 
• CIBT has 5 operational buildings and will add 2 new buildings that were acquired. The total bed-count will soon exceed 1,000
 
• Upon completion of 9 building projects, CIBT's student housing portfolio will exceed C$1.4 billion
 
• CIBT performed financially well in the last quarter amid COVID-19
 
• CIBT's share price has increased steadily by over 50% from August to October in 2020
 
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