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GANDIRS GROUP SIGNS MEMORANDA OF UNDERSTANDING TO REDEVELOP ENTIRE DOWNTOWN OF ULAANBAATAR

     In April and July of 2007, The Gandirs Group signed memoranda of understanding with the Ulaanbaatar City Government and the National Ministry of Construction, respectively, to be the managing entity for the wholesale renovation of Ulaanbaatar’s downtown district. more... 

The secret is now just emerging – Mongolia is one of the hottest of the developing Asian property markets and the Gandirs Group is among its few major players. In Mongolia you’ll find the “perfect storm” for property investors: a stable political environment in which the economy, driven by a young mining sector, is experiencing an average 7.5% growth in the GDP per annum; huge demand for high-end housing and commercial space far outstrips supply; and rapidly appreciating real estate values have not begun to reach their peak.

If it’s your good fortune to come to our country from abroad, a Gandirs Group building guarantees you the most delightful and convenient living environment.

The Gandirs Group is a leader in real estate development and management both in the capital and nationwide. Welcome to Mongolia – we look forward to a fruitful relationship.