Canada-based GEC Oakridge Acquisition has completed a $30.3 million deal to acquire land in Vancouver where it plans to build a 475-bed residence.

After years of financial turmoil for Canada-based education provider, KGIC, CIBT Education Group has announced it has acquired the company’s remaining operating assets.

A financial entity set up by CIBT Education Group in Canada has bought and demanded full repayment of $12.3m of debt owed by the troubled education provider KGIC, triggering a sequence of events that is likely to lead to its sale of KGIC in a matter of weeks.

Proceeds from the sale will go towards expanding CIBT’s accommodation arm and to identify future acquisition opportunities in the language and career college sectors.

CIBT Education Group has acquired Vancouver International College and launched a CAN$110m round of funding for its two 'super centre' real estate projects.

Growing China-and-Canada based company, CIBT Education Group, has announced plans to build a Global Education City (GEC) in downtown Vancouver, Canada. The real estate project will offer campus space for education providers, student accommodation and immigration consulting services.

The last few years have presented the international education sector with significant challenges, but the continuing demand has kept most businesses buoyant and growth on the agenda. The PIE takes a look at a selection of the key players in language, pathways and higher education that are navigating through somewhat turbulent times.