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AFI Development A shares : AFID

AFI Development A shares are on deposit with BNY (Nominees) Limited and each “A” share is represented by one GDR listed on the London Stock Exchange.

Established in 2001, AFI Development claims to be one of the leading developers in the Russian Real Estate. 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 centres, 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.

The company’s website can be found here.

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