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Global Education Communities ( (TSE:GEC) ) has provided an update.
In fiscal 2025, Global Education Communities Corp. completed a strategic divestiture of Sprott Shaw College, enhancing its financial position and allowing a focused expansion of its student housing portfolio. The company reported a near-zero vacancy rate in its student housing, driven by strong demand from a robust student population in British Columbia. Significant progress was made in project financing and development, with successful partnerships and CMHC-sponsored financing supporting major projects like GEC® Oakridge and the Education Mega Center® in Surrey. These developments are expected to increase rental income and strengthen GECC’s market position in the student housing sector.
The most recent analyst rating on (TSE:GEC) stock is a Buy with a C$1.00 price target. To see the full list of analyst forecasts on Global Education Communities stock, see the TSE:GEC Stock Forecast page.
More about Global Education Communities
Global Education Communities Corp. operates in the student housing industry, focusing on providing rental apartments for students. The company is strategically positioned in Metro Vancouver, serving over 0.5 million potential students through partnerships with more than 95 schools.
Average Trading Volume: 84,719
Technical Sentiment Signal: Buy
Current Market Cap: C$26.3M
Find detailed analytics on GEC stock on TipRanks’ Stock Analysis page.