GEC (Global Education City) is the largest student housing community in Metro Vancouver, with a portfolio and development budget exceeding C$1.5 billion. Currently hosting students at four locations with seven buildings fully operational, ten additional buildings at development phase to be completed by 2025.
GEC services out-of-province and international students, provides them with cost-effective and comfortable off-campus housing solutions. With flexible leases, fully furnished suites, and all-inclusive amenities, GEC offers better value than most university residences and private rentals.
GEC properties are strategically located at Downtown Vancouver (GEC Viva and GEC Granville), Cambie Corridor along the Canada Line SkyTrain system (GEC Pearson, GEC Marine Gateway), and Burnaby Heights (GEC Burnaby Heights) which is minutes away from Simon Fraser University, British Columbia Institute of Technology and Capilano University.
Student Housing Market
Metro Vancouver faces a significant rental housing shortage with a vacancy rate of approximately 2%. Due to the increased housing demand and rental housing shortage, we expect rapid growth and higher return from our housing initiatives.
As a member of the CIBT group, reputable institutions like Sprott Shaw College and Global Education Alliance partner with GEC residences to engage in customer experience fully. International agencies refer students to Canadian schools, which requires housing for the student as a part of their educational experience.
Since 2015, GEC has been growing exponentially, and the steady investment return has been very beneficial despite volatility caused by the pandemic. GEC’s B2B model partners with over 72 public and private educational institutions in Metro Vancouver and these partners enrol over 100,000 students each year into their system. GEC’s B2C platform enrols domestic students from across Canada and international students from 77 countries. The global market is large and is growing steadily year after year. GEC is poised to fill the demands with its pipeline of new developments underway.
Summary: 10 Projects, 15 Buildings, 7 operational, 9 under construction & development.
GEC Granville Suites now has a Peloton bike! We recently launched our brand-new workout space at our hotel and one of the biggest highlights is the Peloton. While widely popular, Peloton bike is not your regular gym bike. We explained how to use Peloton in detail. Types of Peloton Rides ARTIST SERIES: Ride to curated […]
Information regarding healthcare providers, emergencies, and safety contact numbers should always be saved in your contact list as well as your memory. In this article, we provided important information for Vancouver newcomers. We explained how to find a healthcare provider, set up your health insurance (MSP), access emergency care, find affordable dental services, and contact […]
Vancouver has many fitness centers, places of worship, restaurants, and several stores to accompany specific dietary restrictions. Check out the list of resources below. While this is not a full list of what’s available, it can give Vancouver newcomers a head start. Fitness and Recreation Centers GEC Viva and GEC Pearson both have gyms open […]
We know it can be tough being a newcomer in a different country, or even in a different city. Vancouver is one of the largest cities in Canada, making it accessible for newcomers to reach everything they need. GEC compiled a series of blog posts for you, so you do not need to do any […]
Get Ready for Back to School Season! Can you believe it’s the beginning of September? This only means one thing… Students are getting ready to go back to school. Fresh new textbooks, a set of binders, a cool haircut, and brand-new classmates. Surely, you haven’t missed the familiar bus route, and with the state that […]
Catch the Tail End of Summer ⭐ Summer in Vancouver has plenty to offer. As we are getting closer to the end of Summer 2021, it’s time to make some more memories! Here are more fun things you can check out in the next few weeks before Fall comes: Eagle Coaster at Cypress Mountain Cultus Lake […]
Happiness is a Three-Day Weekend ⭐ We hope you had a wonderful weekend. Honestly, you are a star for going back to summer school, work, and other commitments after a 3-day long weekend… we don’t know how you do it! We are happy to be back at work because we have an exciting new project […]
Best Restaurants in Vancouver 🍝 Welcome to the exclusive food edition of the GEC Newsletter! If you do not eat a big bowl of pasta on a Saturday night in front of the TV, who are you really? While pasta, noodles, and all the carbs will forever give us comfort, we like to try new foods […]
Vancouver, B.C., April 19, 2021 – CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) is pleased to announce the signing of an exclusive agency agreement between their wholly-owned subsidiary, Global Education City Holdings Inc. (“Global Holdings”), and CBRE Limited (“CBRE”), a leading Canadian real estate brokerage and the top-ranked firm for […]
Vancouver, B.C., February 23, 2021 – CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) is pleased to report that its flagship project, GEC Education Mega Center® (the “Project”), received approval from Surrey City Council at the third Public Hearing on February 22, 2021. The Project will now proceed to the Enactment […]
Vancouver, B.C., February 10, 2021 – CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) is pleased to report that its flagship project, GEC Education Mega Center® (the “Project”), received approval from Surrey City Council at the first and second Public Hearings held on February 8, 2021. The Project is scheduled to proceed […]
Vancouver, B.C., January 20, 2021 – CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company“) is pleased to report that its subsidiary, GEC Oakridge Acquisition Limited Partnership, received approval for its GEC® Oakridge project (the “Project”) from Vancouver City Council at the Public Hearing held on January 19, 2021. The Project […]