25 September 2012

AFI Development Plc was allocated a land lot at Tverskaya Zastava

  • Press Release

AFI Development PLC announces that LLC “Avtostoyanka Tverskaya Zastava”, a subsidiary of AFI Development PLC, was allocated a land plot at the address: 2-ya Brestskaya street, 50/2 (Central Administrative District of Moscow). 

According to the resolution of the Government of Moscow from September 18, 2012 N559-RP it was decided “to provide LLC “Avtostoyanka Tverskaya Zastava” with a land lot which refers to the category of land settlements… within borders according to the cadastral land under a lease for 10 years for design and construction of a business-center”.

About the company

Established in 2001, AFI Development is one of the leading developers in the Russian Real Estate. The Company focuses on large-scale development projects in Moscow and the Moscow Region. Its portfolio counts up more than 400,000 square meters of completed properties and 1.6 million square meters in the pipeline. In 2007 AFI Development was successfully admitted to the Main Market of the London Stock Exchange. Through the IPO the Company raised a total of approximately $1.4 billion, selling an 18 % stake. Since 2010 the Company shares have been traded at a premium listing of the London Stock Exchange.

Nataliya Rodionova (Zaiser)
PR Director AFI Development PLC
Phone: +7 (495) 796 99 88, ext. 6240
Fax: +7 (495) 796 99 89
Mob.: +7 (963) 696 66 95
E-mail: nrodionova@afid.ru

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