Unusual international investment location for growing...

International real estate firm Chestertons Global has announced its expansion into a new property market - Mongolia.

Chestertons will operate there through its newest affiliate member, Mongolian Properties. The firm is the country’s first and most established real estate business.

Mongolian Properties will offer an array of services including residential sales and lettings, property management, advisory and corporate relocations. Through a network of three local offices across the country, it will focus on delivering comprehensive support and guidance for clients, combining local expertise with Chestertons Global’s established worldwide presence.

Mongolian Properties, a member of the Chestertons Global Network has three office premises are located at Sukhbaatar District, 1st Khoroo, Jamyan Guny Street,Temple View Residence, 1st Floor, Ulaanbaatar, Mongolia; Sukhbaatar District, 1st Khoroo, Olympic Street, Olympic Residence, 1st Floor, Ulaanbaatar, Mongolia; and Sukhbaatar District, 4th Khoroo, Seoul Street, Building 48 - 18, Ulaanbaatar, Mongolia.

Lee Cashell, chairman and chief executive of Mongolian Properties, says: "Our exciting journey with Chestertons Global will bring an established international brand to the Mongolian marketplace. We look forward to leveraging the global affiliate network of Chestertons Global as we look for new ways to drive results and add value for our clients.

“Mongolia is a unique country with a burgeoning real estate sector, and we are delighted to be working with such an acclaimed brand name for our next phase of growth."

Parikshat Chawla, Director and Head of Operations at Chestertons Global comments: “This new alliance is indicative of our ambitious international growth strategy - we expect to announce further new territories as we continue to expand our global network throughout the course of the year.”