News

CIBT CONFIRMS SUBJECT REMOVAL ON THE SALE OF A GEC® PROJECT FOR $55.5 MILLION

Vancouver, B.C. July 20th, 2018 – CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) is pleased to report that one of the real estate limited partnerships in which it holds an interest has executed a subject removal agreement pertaining to the sale of one of the GEC® branded Vancouver properties (the […]

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GEC® FLAGSHIP PROJECT IN RICHMOND RECEIVES THIRD READING APPROVAL

Vancouver, B.C., July 23rdth, 2018 – CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) is pleased to report that one of its real estate investment projects (the “Project”), to be located in Richmond, BC has received Third Reading approval by Richmond City Council. The approvals are based on a community development plan […]

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CIBT REPORTS COMPLETION OF $15 MILLION EQUITY RAISE FOR GLOBAL EDUCATION CITY (RICHMOND) PROJECT

Vancouver, BC – April 30, 2018 – CIBT Education Group Inc. (“CIBT” or the “Company”) (TSX: MBA, OTCQX International: MBAIF) is pleased to report the successful completion by Global Education City (Richmond) II Limited Partnership of the phase II $15 million equity raise for Global Education City® (Richmond), the eighth GEC® location, described in CIBT’s news […]

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CIBT INCREASES OWNERSHIP INTEREST IN DOWNTOWN VANCOUVER GEC® PROJECT

Vancouver, B.C. March 19th, 2018 – CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) is pleased to report that pursuant to the Company’s news release of January 24th, 2018, it has completed the buy-out of the former majority owner of the limited partnership that owned one of the GEC® branded downtown Vancouver […]

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CIBT REPORTS REFERRAL FEE AGREEMENTS TO RAISE $60 MILLION FOR NEW FLAGSHIP PROJECT

Vancouver, BC – March 12th, 2018 – CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) is pleased to announce that one of its real estate investment limited partnerships (the “LP”) has entered into referral fee agreements with a real estate development group (the “Group”) for an equity raise of up to $60 million for a […]

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CIBT ARRANGES SALE OF GROUND FLOOR COMMERCIAL STRATA UNITS OF GEC® BURNABY HEIGHTS

Vancouver, BC – March 7th, 2018 – CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) is pleased to announce that one of its real estate investment limited partnerships has entered into a formal Purchase and Sale Agreement to sell four commercial ground floor units at GEC® Burnaby Heights for $6 million.  The closing is expected […]

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CIBT Signs Memorandum of Understanding to build GEC Education Mega Center for $230 Million

Vancouver, B.C., September 7th, 2016 – CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) is pleased to announce that it has signed a Memorandum of Understanding with the WestStone Group, a leading real estate development company in Western Canada, to construct the GEC Education Mega Center in Surrey, B.C. The […]

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GEC Burnaby Heights Limited Partnership Offering Fully Subscribed

March 15th, 2016 Vancouver, BC: CIBT Education Group Inc. (“CIBT”) (TSX: MBA, OTCQX International: MBAIF) is pleased to report that pursuant to its news release dated December 10th 2015 entitled “CIBT Subsidiary Expands Student Housing Portfolio to Burnaby Heights”, the offering of limited partnership units relating to the GEC Burnaby Heights project have been fully […]

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CIBT Education Group Acquires New Student Housing Property in Metro Vancouver

As part of a three-year student housing project led by CIBT Education Group Inc., the education management company has acquired two additional properties in Central Vancouver. This property follows CIBT Education Group’s acquisition and successful launch of Viva Suites Hotel in the first quarter of 2015. The housing project aims to cater to the growing number of international […]

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CIBT Unveils Fully Furnished Viva Suites for Metro Vancouver’s Education Sector

July 15th, 2015: CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT”) is pleased to report that it has completed the first phase of renovations to its Viva Tower project which boosted the number of available market rental beds to 90 from the originally designed 35 beds. CIBT is now proceeding to Phase 2 […]

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