The shares of Aisi Realty Public, a closed-ended investment company focusing on investments in the real estate market in Ukraine, began trading on the AIM market of the London Stock Exchange on Wednesday. On admission Aisi had a total of 166 million ordinary shares in issue, capitalising the company at approximately EUR 80 mln at the placing price.
The shares of Aisi Realty Public, a closed-ended investment company focusing on investments in the real estate market in Ukraine, began trading on the AIM market of the London Stock Exchange on Wednesday. On admission Aisi had a total of 166 million ordinary shares in issue, capitalising the company at approximately EUR 80 mln at the placing price.
Aisi said the funds raised will enable it to invest in a number of additional investment projects alongside those already invested in. The company's major shareholders on admission included Landsdowne; MacArthur Foundation; Trafelet; Hansa Investeerimisfondid; Tudor; Fidelity and Woodbourne.
Established in 2005, Aisi Realty Public concentrates its investments on office, residential and warehouse developments in Kiev and other major population centres in Ukraine. Aisi has committed over EUR 22 mln to the acquisition and development of six real estate projects, one of which has been sold. The current portfolio consists of three residential and office developments and two warehouse projects..