CIBT Featured in the Globe and Mail Newspaper

Rhea-AI Summary

CIBT Education Group (TSX:MBA)(OTCQX:MBAIF) announced its flagship project, GEC Education Mega Center, was featured in The Globe and Mail. This recognition enhances the company’s visibility in the education sector. CIBT, operating since 1994, manages a real estate portfolio exceeding $1.5 billion and provides services to over 11,000 students annually through its various educational subsidiaries.

Positive

• Recognition of GEC Education Mega Center in major media enhances company visibility.
• CIBT's robust real estate portfolio exceeds $1.5 billion.
• CIBT serves over 11,000 students annually, indicating strong demand.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / September 2, 2021 / CIBT Education Group Inc. (TSX:MBA)(OTCQX:MBAIF) ("CIBT" or the "Company") reports that one of its flagship projects, GEC Education Mega Center® in Surrey, British Columbia, has been featured in "The Globe and Mail" in an article titled "In Vancouver, ‘mega' education centre sets the grade".

To view the article, please visit the Globe and Mail website at:

https://www.theglobeandmail.com/business/industry-news/property-report/article-in-vancouver-mega-education-centre-sets-the-grade/

About CIBT Education Group:

CIBT is one of Canada's largest education services and academic real estate companies. With a global presence since 1994, CIBT employs nearly 600 staff at 45 business locations and operates a global network of 2,500 recruitment agents. In 2020, the group provided education, student recruitments and accommodation services to over 11,000 students. Its real estate portfolio, including operating assets and development budget, exceeds $1.5 billion.

CIBT's education subsidiaries include Sprott Shaw College (established in 1903), Sprott Shaw Language College, Vancouver International College Career Campus, CIBT School of Business and Global Education Alliance. These subsidiaries offer over 150 accredited educational programs in healthcare, business, e-commerce, cyber-security, hotel management, language training and recruitment services at 29 locations in Canada and abroad.

CIBT's real estate subsidiary, Global Education City Holdings Inc. ("Global Holdings"), develops and manages academic assets such as student-centric rental apartments, corporate housing, hotel and education super-centres. Since 2015, Global Holdings has provided B2B accommodation service to 90 schools in Metro Vancouver and B2C direct registration of 6,000 students from 71 countries. The GEC® branded portfolio comprises 10 projects, 15 buildings spanning nearly 1.5 million square feet, including operational, under-construction and development properties.

CIBT also owns Irix Design Group Inc. ("Irix Design"). Irix Design is a leading design and advertising company that services over one hundred corporate clients, including CIBT. Visit us online at www.cibt.net.

Toby Chu
Chairman, President & CEO
CIBT Education Group Inc.
Investor Relations Contact: 1-604-871-9909 extension 318 or | Email: info@cibt.net

SOURCE: CIBT Education Group Inc.

View source version on accesswire.com:
https://www.accesswire.com/662490/CIBT-Featured-in-the-Globe-and-Mail-Newspaper

FAQ

What recognition did CIBT Education Group receive recently?

CIBT Education Group's GEC Education Mega Center was featured in The Globe and Mail.

What is the financial status of CIBT Education Group?

CIBT manages a real estate portfolio exceeding $1.5 billion.

How many students does CIBT serve annually?

CIBT provides services to over 11,000 students each year.

What subsidiaries does CIBT Education Group have?

CIBT's subsidiaries include Sprott Shaw College, Sprott Shaw Language College, and more.

What is the significance of GEC Education Mega Center in CIBT's portfolio?

GEC Education Mega Center is a flagship project highlighting CIBT's commitment to education.