LSR Group started pre-sales in a new residential neighbourhood Serebryanaya Podkova with a total sellable area of 32.1 sq m in Chkalovsky district of Yekaterinburg.
The new project includes 6 residential buildings from 16 to 19 storeys high.
Customers will be offered a wide range of studios, one-, and two-bedroom apartments of 40 to 96 sq meters which are delivered fully fitted-out. The price per square meter starts at RUB 50,000.
The area for development also has a school, kindergartens, new sports centre, shopping malls, etc. Moreover, the neighbourhood’s favourable location provides good public transport and vehicle access.
The project is planned for completion in 2015.
Notes to Editors:
OJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials, real estate development and panel construction. LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg. As of 31 December 2012 (according to Cushman & Wakefield Russia), the net sellable area of the projects in LSR Group’s real estate portfolio is equal to 8.7m m2 with the market value of RUB 120bn. In 2012, the sales revenue of LSR Group amounted to RUB 61,122m (IFRS). LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MICEX-RTS.
For more information please contact:
LSR Group Press Service
Tel.: +7 812 314 10 44
Fax: +7 812 458 83 72