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Global Education Communities ( (TSE:GEC) ) has issued an announcement.
Global Education Communities Corp. has received rezoning and development permit approvals for its GEC Education Mega Centre in Surrey, British Columbia. This 49-storey mixed-use tower will include retail, commercial, and residential spaces, offering student-centric rental units and accommodations for education sector staff. Strategically located near several educational institutions, the development addresses a critical need for student and staff housing in the area, enhancing GECC’s position as a leader in education and student housing solutions.
More about Global Education Communities
Global Education Communities Corp. (GECC) is a prominent entity in the Canadian education and student housing sector, catering to both domestic and international markets since 1994. The company provides a wide array of services, including business and language colleges, student-centric rental apartments, educational recruitment services, and operates a network of campuses and offices across 40 locations. GECC’s subsidiaries, such as Sprott Shaw College and Global Education City Holdings Inc., contribute to its comprehensive educational offerings and student housing solutions.
Average Trading Volume: 39,967
Technical Sentiment Signal: Hold
Current Market Cap: C$18.21M
For a thorough assessment of GEC stock, go to TipRanks’ Stock Analysis page.