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Global Education Communities Corp. Named a Top 100 Fastest-Growing Company in B.C.

Vancouver, BC – September 3, 2024 – Global Education Communities Corp. (TSX:GEC) has been named one of the "Top 100 Fastest-Growing Companies in British Columbia in 2024" by Business in Vancouver. The company ranked No. 98 with a revenue growth of 10.7%, from $70.997 million in 2019 to $78.603 million in 2023.

"We are proud to be recognized by Business in Vancouver," said Toby Chu, Chairman, President and CEO. "This highlights the strength of our business model despite economic challenges, including post-pandemic events, high inflation, and prolonged high interest rates."

GECC is a major education and student housing investment company in Canada. It operates business and language colleges, student-centric rental apartments, recruitment centers, and corporate offices across 40 locations in Canada and abroad. In 2023, GECC serviced over 14,277 students through its subsidiaries.

Additionally, GECC's subsidiary Global Education City Holdings Inc. focuses on education-related real estate, operating fifteen properties in Metro Vancouver. These serve 3,200 tenants from 71 countries and support 92 partner schools.

R. H.

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