LSR Group started pre-sales in Rassvetny residential project with total area of 182 thousand square metres. The project is implemented on a 9.4 hectare site in the Kirov district of Yekaterinburg.
Rassvetny residential project combines five multi-sectional 25-storey buildings, wide range of one-, two-, and three-room apartments from 38 to 123 square metres will be offered to the market.
All apartments will be transferred to the customers fully finished. The price per square metre starts at 53 thousand roubles at the beginning of sales. The project is implemented in accordance with Federal regulations of Russian Federation (FZ 214).
The first stage will be completed by the end of 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 2013 (according to DTZ), the net sellable area of the projects in LSR Groupís 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 MICEX-RTS.
For more information please contact:
LSR Group Press Service
Tel.: +7 812 314 10 44
Fax: +7 812 458 83 72