LSR Group has completed 8 residential buildings in New Domodedovo project with a total area of 172,000 sqm.
Prior to this, in spring 2014, 5 buildings with a total area of 86,730 sqm had been completed in New Domodedovo project. As of the end of the year LSR Group has completed 258,000 sqm in this project.
Notes to Editors:
OJSC LSR Groupis 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 2013 (according to DTZ), the net sellable area of the projects in LSR Group's real estate portfolio is equal to 7.8m m2 with the market value of RUB 117bn. In 2013, the sales revenue of LSR Group amounted to RUB 65,316m (IFRS). LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on Moscow Exchange.
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