Global Education Communities (TSE:GEC) has released an update.
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Global Education Communities Corp. (GECC) navigated a challenging fiscal 2024 by securing fixed interest loans and focusing on domestic enrollment to mitigate the impact of high interest rates and international student limits. The company also expanded its GEC® Living division, achieving significant growth in the domestic tenant base and adding new properties, while undertaking substantial refinancing activities to strengthen its financial standing.
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