CIBT: One of the Largest Education and Student Housing Investment Companies in Canada
Major Player in the global education market
Since 1994, CIBT Education Group has been a strong force in global education and student-housing investment. They have partnered with hundreds of public and private schools and have a network of corporate-owned business and language colleges in North America and Asia.
In 2015, CIBT initiated plans to diversify its core business of education to include student residences through GEC. This move was not a simple expansion of the company but that of a strategic one. CIBT can leverage the volume of students it has access to and channel them into its housing facilities. Since then, GEC has developed a network of serviced apartments and a hotel throughout the Metro Vancouver area, each at a centralized location and within a two to five-minute walk from a Skytrain (subway) station. Within five years, the real-estate portfolio under the GEC brand exceeded $1.5 billion. The portfolio comprises operational facilities, projects under construction, and rezoning developments. GEC provides accommodation services to 90 schools with students from 71 countries.
More on CIBT
CIBT Education Group Inc. is one of the largest education and student housing investment companies in Canada. Further, they have been focusing on the global education market since 1994. Listed on the Toronto Stock Exchange and U.S OTCQX International, CIBT owns business and language colleges, student housing properties, recruitment centres, and corporate offices at 45 locations in Canada and abroad. Moreover, the total annual enrollment for the group exceeded 11,000 students in 2020.
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