Moscow, March 11, 2012. Last week PIK Group took part in MIPIM, the largest international real estate investment exhibition, annually organized in Cannes, France. The President of PIK Group Pavel Poselenov personally headed the delegation.

PIK Group presented two new projects of large-scale residential developments at the Stand of Moscow Government and a number of projects at the Stand of Moscow Region Government.

Moscow Government Stand presented a consolidated exposition of projects, demonstrating the new approach to Moscow City development. During the exhibition the government officials and the leading developers held a number of round tables and panel discussions. The Vice-President, Director of Moscow Direction Tatyana Tikhonova headed PIK Group representation at the  Moscow Government Stand.

PIK Group presented a new project of complex residential development City Quarters, located in the heart of new business Moscow area, near the World Trade Center, The White House, the largest exhibition complex and the Moscow-City business district.

City Quarters project is one of the best examples of industrial territory renovation plan in Moscow historical center. The old factory with catching area of 6.83 ha is replaced by a contemporary residential district, naturally integrated into the city environment.

City Quarters is a fully integrated residential district. The development plan includes a high school, a kindergarten, an underground multi-level parking, retail and commercial infrastructure

and other necessary services. All the buildings are connected by landscaped pedestrian area. Within a walking distance from City Quarters there is a recreational zone with a park and a pond for all-year-round leisure activities.

Another project, presented by PIK Group at the exhibition, is a residential complex Grand Kuskovo, located in the east of Moscow near Novogireevo Metro station in the close proximity to Kuskovo historical mansion and park.

The project includes the district size residential complex of modern buildings P-3MK, a school, kindergartens, multi-level parkings, social and commercial infrastructure elements. PIK Group will construct all the necessary transport facilities and engineering infrastructure, including the construction of by-pass road parallel to Perovskaya Street.

At the Stand of Moscow Region Government PIK Group presented a number of its large-scale  projects, includingRed Hills (southeast from Moscow), Kommunarka (south from Moscow), Novokurkino and Levoberezhny (northwest from Moscow). PIK Group demonstrated its experience and capabilities in large-scale mass-market residential complex development. The Vice-President, Director of Moscow Region Direction Daromir Obukhanich, commented Group’s strategic view at Vedomosti conference: “The future of residential market in Moscow region is a complex development of territories. The residents require the quality surrounding infrastructure with kindergartens, schools, medical clinics, retail stores and comfortable environment. The goal of PIK Group is to build fully developed contemporary residential districts for comfortable living”.