VANCOUVER, CANADA—CIBT Education Group Inc. says that it has signed an agreement with a Vancouver, BC-based developer for the purchase of three properties on which it plans to develop student housing.
The development is in addition to a $44 million dollar project that was announced last month.
“We have been working with international students from 42 countries and owning a large number of schools in three continents for 20 years. We have learned many important priorities from parents sending their children to study abroad,” commented Toby Chu, president, CEO and vice chairman of CIBT Education. “In 2013 alone, we dealt with over 9,000 home stay students per year. The quality of home-stay families, security issues, safety concerns when commuting to and from school, as well as proper meal plans and weekend activities are some of the many concerns of students' parents.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
