Mandal, Mongolia Newswire
Comprehensive Real-Time News Feed for Mandal, Mongolia.
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Investment Portfolio and Q1 Commercial Property Report Investment Portfolio During the month of May, we continued to implement our strategy of shifting MGG's asset mix away from smaller properties that cost more to maintain and manage, towards larger institutional-quality assets that are easier to scale, as we continue to build MGG into Mongolia's ... (more) Comment?
Based on first quarter, 2014 levels of both recurring and forecasted costs, the Company has identified annual expenses of approximately CDN that will be reduced or deferred until the Company shows positive cash flow. Comment?
Investment Portfolio, Operations Update, 2014 Mongolia Investor Trip & Investor Road Show Presentation Investment Portfolio During the month of March, we continued with our plan to shift MGG's asset mix away from smaller properties that cost more to maintain and manage, and towards larger institutional-quality assets that are easier to scale as we ... (more) Comment?
In was 247.2 million Mongolian Togrog as compared to 199.5 million Mongolian Togrog in January of 2013 or a 23.9% increase.** The occupancy rate for the core portfolio in January of 2014 was 92.2%, including an occupancy rate of 98.7% for core retail properties and an occupancy rate of 79.6% for core office properties. Comment?
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