PropertyEU

AFI says NAV up 14.1%, eyes Ukraine, CIS expansion

By A staff reporter 2008-03-27T00:00:00

Cyprus-based AFI Development, which focuses on the Russian real estate market, said its net asset value had risen by 14.1% to $11.20 (EUR 7.09) per share since its IPO in May 2007. The company's full-year pre-tax profit rose to $275.5mln from $113.3mln the previous year. AFI also said its cash ...

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