Africa-Israel Group, the Tel-Aviv listed conglomerate headed by Israeli billionaire Lev Leviev, has confirmed it intends to press ahead with the flotation of its Russian unit, AFI Development unit, on London's main market. The details for the offering to international institutional and professional investors have yet to be finalised.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
