Asia Pacific Investment Partners is a research-driven emerging and frontier markets real estate company with a strong track record in Mongolia. Founded in 2001 by Lee Cashell and Tsendsuren Bordukh, the group has focused on the development of luxury and middle-income residential and retail properties in Ulaanbataar. As at 30 June 2016, the group had completed development of approximately 47,000 sqm in GFA of real estate across five developments. ‘The group currently has approximately 38,000 sqm in GFA under construction on one site. Additionally, APIP has control over land holdings capable of delivering up to 500,000 sqm.
To date, APIP has successfully designed, completed, marketed and sold finished properties in five major developments in Ulaanbaatar: Mon House Residence in 2005, Park View Residence in 2007, Temple View Residence in 2010, Regency Residence in 2010 and Village at Nukht in 2014. Apart from the above developments, we’re currently under development or expected to begin in the near term on Olympic Residence completing in 2017, Oasis Residence completing in 2019 and Park Place completing in 2020.