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LSR Group

December 18, 2013

LSR Group completes “Tatishchev” residential complex

LSR. Real estate – Urals has completes “Tatishchev” comfort-class residential complex with a total area of over 39 th sq. m in the Verkh-Isetsky district, Yekaterinburg. The last 7th and 8th buildings were completed in December as scheduled.

"Tatishchev" consists of eight 7 to 23-storey houses with over 600 apartments, 38 to 100 sq. m each. All the apartments are transferred to customers fully fitted out. . The first storeys will include commercial and sales premises of ca. 2,000 sq. m.
The territory of the complex has been improved, landscaped and equipped with playgrounds, recreation grounds and visitor parking lots.
“Tatichshev” residential complex is located in one of the most developed and ecologically favourable city districts, close to pond and beach, and surrounded by green areas. The neighbourhood has all necessary social and commercial infrastructure facilities: kindergartens and schools, medical facilities, supermarkets, shopping malls and various sports centres including the yacht club and the central stadium that will host for FIFA World Cup 2018.
Notes to Editors:
OJSC LSR Group is a diversified construction company operating in a number of complementary market segments. The company was founded in 1993. Its core business areas are production of building materials, panel construction and real estate development. The company unites business units for extraction and processing of aggregates, production and transportation of building materials, construction upon projects of leading Russian and foreign architects – from mass-market to elite residential properties. LSR Group's main operations are located in St. Petersburg, Leningrad region, Moscow, Moscow region, Yekaterinburg and Ural region. 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




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