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March 7, 2012

Business centers Pushkinsky Dom and Concord Receive “A” Class Rating

Two portfolio projects of the UFG Real Estate Fund II, Pushkinsky Dom and Concord, were rated as “A” class business centers by the certification commission of The Guild of Property Managers and Developers, the leading association of property managers and developers in Russia. This means that these two developments meet all the highest requirements of modern engineering and technical equipment, architectural standards and location, as set forth in the framework of the All-Russian classification of business centers. The validation confirms UFG Real Estate’s ability to manage large-scale projects to fruition in Russia.

The Guild of Property Managers and Developers (GMD) is an association of Russian property managers,   GMD’s strategic objectives are to enhance the growth of the Russian real estate market and increase the level of professional expertise of its member-companies through the efficient management of private and public property, high standards of quality, and diversity of services provided.  The ultimate goal of Guild members is to help ensure economic stability and a favorable business environment in Russia.

GMD today:

  • more than 320 development, management and other companies
  • the majority of member-companies come from 37 different Russian cities
  • international member-companies hail from the CIS, USA, Great Britain, Germany, Sweden, Finland, and Israel
For further information, please contact ir@ufgam.com.  Thank you.


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Disclaimer

The information contained herein is not for distribution to and does not constitute an offer to sell or the solicitation of any offer to buy or sell any securities to any person in any jurisdiction in which such offer, sale or solicitation is prohibited. Prospective investors are advised to consult their financial advisor and to take separate advice as to the legal requirements within their own countries for investment in any of the funds as well as any securities, taxation or exchange control legislation affecting them personally. In addition, the funds and services have not been supervised by the U.S. Securities and Exchange Commission, and as a result, such investment products are only available to certain accredited investors who have been pre-qualified by UFG Asset Management.

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