Aisi Realty Public Limited
27 September 2007
27 September 2007
Aisi Realty Public Limited
Investment Portfolio Valuation
Aisi Realty Public Limited ('Aisi' or 'the Company'), a property investment
company focusing on development projects and related investments in Ukraine, is
pleased to announce the updated valuation of its investment portfolio as at
1 August 2007.
DTZ, an independent property valuer, has conducted a valuation of Aisi's
investment portfolio as at 1 August 2007. The aggregate value of the current
portfolio is $40.5m. This valuation will be utilised in the calculation of the
number of warrants to be issued under the terms of the Founding Shareholders
Warrants as set out in the Company's admission document.
The continuing increase in the value of the investments reflects Aisi's policy
of investing in high quality assets with both local, and in the case of
warehouse and logistics facilities, international appeal which have the
potential to provide significant returns to shareholders through capital
appreciation.
Commenting on the valuation, Beso Sikharulidze, Director of Aisi, said: 'Steady
increase in valuation confirms the view, that we are taking, of the considerable
opportunity in Ukrainian real estate. We continue to explore opportunities that
reflect our commitment to a high quality approach to our asset base.'
Enquiries
Aisi Realty:
Beso Sikharulidze 0038 044 459 3000
Corfin Communications:
Neil Thapar, William Cullum 020 7977 0020
Libertas Capital:
Andrew Hardy, Aamir Quraishi 020 7569 9650
This information is provided by RNS
The company news service from the London Stock Exchange