Mon, Apr 21, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Market Moves, Performance more

Leviev: Moscow real estate market fully recovered

Posted on 20 March 2012

Africa-Israel Investments Ltd. Russian development arm, AFI Development plc reports revenue and profit growth for 2011. Africa-Israel and AFI Development chairman Lev Leviev predicts further growth in 2012, now that the Moscow real estate market has fully recovered.
Net profit rose six-fold to $172 million in 2011 from $26 million in 2010, and net operating income (NOI) rose 78% to $45 million. The company had $84.8 million in cash and cash equivalents at the end of the year………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930