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Keep up to date with the latest CIBT developments through our most recent news.

International students have powerful influence on real estate: data

October 4, 2019

WI Staff, Western Investor ( Western Investor Article, Url: https://www.westerninvestor.com/news/british-columbia/international-students-have-powerful-influence-on-real-estate-data-1.23954753) Students at the University of British Columbia. Photo by Dan Toulgoet International students represent a powerful economic influence in Canada, according to data from the Canadian Bureau for International Education (CBIE), not the least of which is seen in the real estate sector. In 2017, the latest numbers available, there were 494,525 international students in Canada, a 119 per cent increase  compared to 2010 and a 20 per...

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Surrey-Delta a powerhouse in Metro Vancouver real estate investment

October 1, 2019

Frank O'Brien, Western Investor (Western Investor News, URL: https://www.westerninvestor.com/news/british-columbia/surrey-delta-a-powerhouse-in-metro-vancouver-real-estate-investment-1.23952936 ) Central Surrey education mega-centre and Surrey-Delta industrial development reflect shift in population and potential in the Lower Mainland Toby Chu, CEO and president of CIBT Education (right), with HIlbert Ng, CIBT senior vice-president of corporate finance: Surrey’s old Stardust roller rink site being transformed into an education mega-centre. | Chung Chow With industrial real estate sales dominating the region, home sales rising and a new education...

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GEC® Flagship Project GEC Education Mega Center™ Receives First & Second Reading Approval by Surrey City Council

October 5, 2017

Vancouver, B.C., October 5th, 2017 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) is pleased to report that the GEC® flagship education real-estate project GEC Education Mega Center™ (“Education Mega Center”) received First and Second Reading approvals by Surrey City Council on Monday October 2nd. These approvals are part of a series of 5 approvals required by Surrey City Bylaws to construct the Education Mega Center. On July 31st 2017,...

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Luxury hotel in downtown Vancouver converted to house international students

February 3, 2017

BY YVONNE ZACHARIAS, POSTMEDIA NEWS This is just the beginning, says CEO of CIBT Education Group Vancouver and Richmond can expect to see a number of new international student housing projects after the first one opened its doors at Howe and Drake near the downtown core. A company called CIBT Education Group and an offshore partner have purchased the 17-storey Viva Suites luxury hotel at 1311 Howe St. with plans to renovate it floor by...

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