Velikaya Stena Announces Y2012 H1 Operating Results
OREANDA-NEWS. August 13, 2012. The main achievement of the first half of the year 2012 was the continuation of implementation of the strategy aimed at ensuring high recovery to the Trust's shareholders through the efficient asset portfolio management. So the management of "Great Wall" Joint-Stock Real Estate Investment Trust" JSC has proceeded to the activities for revolving the company's property asset portfolio, reported the press-centre of KASE.
Within the framework of the established strategy based on the 5-year cyclicity of the real estate market two assets of the Trust were realized in the first half of the year 2012.
"The project was worked over well, which project the company completed upon expiration of the investment period. We keep our finger on the pulse and try to get ahead of market expectations" the Chairman of the Management Board of "Great Wall" Joint-Stock Real Estate Investment Trust" JSC Ms. Oksana Kuznetsova explained.
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