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Mongolia Growth Group Ltd. May 2014 Monthly Letter to Shareholders
Mongolia Growth Group Ltd. May 2014 Monthly Letter to Shareholders Toronto, Ontario ...
About this update from Mongolia Growth Group Ltd.
[{"type":"text","content":"Mongolia Growth Group Ltd. May 2014 Monthly Letter to Shareholders \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc;\n\t\t\t\tmargin-left: 2em;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em;\n\t\t\t}\n\t\t\t\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px;\n\t\t\t\t\t-webkit-margin-before: 0px;\n\t\t\t\t\t-webkit-margin-after: 0px;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t } \n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\t\t\t\n\t\t\t \n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\t\t\t \n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\t\t\t \n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\t\t\t \n\t\t\t \n\t\t\t H1.nr-head {font-family: Trebuchet MS;\n\t\t\t \t\tfont-size: 16pt;\n\t\t\t \t\tcolor: #3D86C6;\n\t\t\t \t\tfont-weight:bold;\n\t\t\t \t\ttext-align:center;\n\t\t\t }\n\t\t\t \n\t\t\t H2.nr-sub-head {font-weight: bold;\n\t\t\t \t\tdisplay: block;\n\t\t\t \t\ttext-align: start;\n\t\t\t \t\tfont-family: Arial;\n\t\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\t\t \n\t\t\t .nr-body a { font-size: 11pt; \n\t\t\t }\n\t\t\t \n\t\t\t TABLE { width: auto!important; \n\t\t\t }\n\t\t\n\t\t Mongolia Growth Group Ltd. May 2014 Monthly Letter to Shareholders\n Toronto, Ontario (FSCwire) - Mongolia Growth Group Ltd. (YAK – TSXV and MNGGF –  USA), a real estate investment and development company pursuing the dynamic growth of the Mongolian economy via ownership of institutional-quality commercial property assets in the capital city of Ulaanbaatar, Mongolia is pleased to announce the release of its May 2014 Shareholder Letter.\n\n\n\nMay 2014 Shareholder Letter\n \n\nTo the Shareholders of Mongolia Growth Group Ltd.,\n\n\n\nIn May 2014, MGG’s core commercial property portfolio* experienced a same-store rental increase of 28.8% relative to May 2013 on properties owned 12 months or longer, as measured in local currency (Mongolian Togrog). Total billed revenue for May 2014 was 257.0 million Mongolian Togrog, as compared to 220.1 million Mongolian Togrog in May of 2013 or a 16.8% increase.** The occupancy rate for the core portfolio in May of 2014 was 95.8% including an occupancy rate of 98.4% for core...