AFI Development is a real estate company focused on developing property solely in Russia. Co.'s strategy is to focus on developing high profile commercial and residential real estate assets in Moscow, the Moscow region and in other major Russian cities such as St. Petersburg and Volgograd. Co. has a portfolio of 4 yielding properties, 11 investment projects under development, 2 trading properties, 8 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 centres, hotels, mixed-use properties and residential projects in prime locations in Moscow.
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