Global Education Communities Corp. Launches the 16th GEC Branded Building in Metro Vancouver

VANCOUVER, BC / ACCESSWIRE / August 12, 2024 / Global Education Communities Corp (TSX:GEC) will take possession of GEC® Kingsway on August 9, 2024. The property, located at 4589 Gladstone Street, Vancouver, B.C., will soon undergo leasehold improvements to ensure safety, cleanliness, convenience, and comfort.

GEC® Kingsway is a six-storey building with over 78,000 SF of residential space, accommodating nearly 300 beds. Amenities include a fitness centre, student lounge, roof deck patio, and underground parking. Fully furnished units range from economy to premium, offering features like air conditioning and fibre optic internet.

GEC® Kingsway is strategically located near major public transit routes, with easy access to downtown Vancouver, Metrotown, and major institutions. Students are expected to move in before the new academic season.

"We have received numerous inquiries and agreements from partner schools," said Toby Chu, Chairman, President, and CEO of GECC. The expected annual revenue from GEC® Kingsway is projected at $5 million.