/KASE, August 9, 12/ - LLP "INNOVA INVESTMENT" (Almaty), whose bonds
are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE
with the following press-release of August 9, 2012:
quote
Due to the well-balanced approach in the management Innova Investment LLP
continued to demonstrate high performance in the issues of operational efficiency.
Thus in the first half of the year 2012 occupancy rate of the office centers owned
by the Real Estate Investment Fund "Great Wall" (majority interest in which is
held by Innova Investment) was maintained at 100% level. With the participation of
the management of Innova Investment the process aimed at Fund's portfolio
revolving through retirement of certain assets for the purpose of their
replacement with more promising ones was launched.
The occupancy rate of the production and storage areas managed by the
company increased up to 42.4 thousand square meters, which was 20% up on the
previous year. Such increase in the occupancy rate went with effective yield
management.
Within the framework of the company's strategy aimed at retirement from assets
structure for creation of a platform for development of new projects the land
plots owned by the company were sold.
unquote
The full press-release is available on KASE website, at:
-
http://www.kase.kz/files/emitters/INVA/inva_reliz_090812.pdf - in Russian;
-
http://www.kase.kz/files/emitters/INVA/inva_reliz_090812_e.pdf - in English.
[2012-08-09]