AFI Development has unveiled plans to resume construction of its main projects in the country due to improving market conditions. The Russian property developer said this week it has decided to re-start the development of the Paveletskaya project as well as Phase III of the Ozerkovskaya Embankment project in Moscow. The projects are expected to be completed in the first half of 2011.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
