AFI Development PLC (GDR) is a real estate company focused on developing property solely in Russia. The principal activity of the Company is the holding of investments in subsidiaries. The Company focuses on developing and redeveloping commercial and residential real estate assets in Moscow, the Moscow Region and other major Russian cities such as Kislovodsk, St. Petersburg and Volgograd, as well as Ukraine. As at 31 December 2009, the Company has a portfolio of 4 yielding properties, 11 investment projects under development, 2 trading properties, 7 land bank projects and 5 hotel projects at various stages of development in 17 locations in Russia and Ukraine. These comprise commercial projects focused on offices, shopping centers, hotels, mixed-use properties and residential projects in prime locations in Moscow focused on upscale apartment buildings and residential districts in the Moscow Region aimed at the upper middle class segment of the market.
Omiros & Araouzos Tower 25 Olympion Street
Limassol, 3035
+357-495-7969988 (Phone)

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