AFI Development PLC Annual Financial Report (9000B)
April 07 2017 - 3:31AM
UK Regulatory
TIDMAFRB TIDMAFID
RNS Number : 9000B
AFI Development PLC
07 April 2017
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION
IN OR INTO THE RUSSIAN FEDERATION, THE UNITED STATES, CANADA,
AUSTRALIA OR JAPAN
Publication of Annual Report 2016
London, 7 April 2017 - AFI Development Plc ("AFI Development" or
"the Company") has today published its IFRS annual report for FY
2016. The document contains a comprehensive management report,
responsibility statements, audited financial statements and other
relevant information.
The full report is available for download on the Company's
website at
http://www.afi-development.com/en/investor-relations/reports-presentations.
A copy of the report has also been submitted to the FCA's
National Storage Mechanism and will shortly be available for
inspection at http://www.morningstar.co.uk/uk/NSM.
- ENDS -
For further information, please contact:
AFI Development, Moscow +7 495 796 9988
Ilya Kutnov
Citigate Dewe Rogerson, London +44 20 7638 9571
David Westover
Sandra Novakov
About AFI Development
Established in 2001, AFI Development is one of the leading real
estate development companies operating in Russia. 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 of 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 favorable return.
AFI Development is a leading force in urban regeneration,
breathing new life into city squares and neighbourhoods 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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