AFI Development PLC AFI Development - Company Presentation (5683K)
August 22 2012 - 8:28AM
UK Regulatory
TIDMAFRB
RNS Number : 5683K
AFI Development PLC
22 August 2012
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION
IN OR INTO THE RUSSIAN FEDERATION, THE UNITED STATES, CANADA,
AUSTRALIA OR JAPAN
AFI Development - Company Presentation
("AFI Development" or "the Company")
London, 22 August 2012 - As announced earlier today, AFI
Development will hold a conference call for analysts and investors
to discuss its six months 2012 financial results at 6pm Moscow time
(3pm BST) today.
In order to facilitate the call, the Company will publish its
updated Company presentation, reflecting the six months 2012
results, on the Investor Relations pages of its website at
http://investors.afi-development.ru/presentations/ at 5pm Moscow
time (2pm BST) today.
- ENDS -
For further information, please contact:
AFI Development, +7 495 796 9988
Ilya Kutnov
Citigate Dewe Rogerson, London+44 20 7638 9571
David Westover
Reena Mavjee
Sandra Novakov
About AFI Development
AFI Development is one of the leading real estate development
companies operating in Russia. Established in 2001, AFI Development
is a publicly traded subsidiary of Africa Israel Investments
Ltd.
AFI Development is listed on the Main Market of the London Stock
Exchange and aims to deliver shareholder value through a commitment
to innovation and continuous project development, coupled with the
highest standards of design, construction, and quality and customer
service.
AFI Development focuses on developing and redeveloping high
quality commercial and residential real estate assets across
Russia, with Moscow being its main market. The Company's existing
portfolio comprises commercial projects focused on offices,
shopping centers, hotels and mixed-use properties, and residential
projects. AFI Development's strategy is to sell the residential
properties it develops and to either lease the commercial
properties or sell them for a favourable return.
AFI Development is a leading force in urban regeneration,
breathing new life into city squares and neighborhoods and
transforming congested and underdeveloped areas into thriving new
communities. The Company's long-term, large-scale regeneration and
city infrastructure projects establish the necessary groundwork for
the successful launch of commercial and residential properties,
providing a strong base for future.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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