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LSR Group starts pre-sales in a new project

25 Jun 2015 09:10

RNS Number : 1987R
OJSC LSR Group
25 June 2015
 



LSR Group starts pre-sales in a new residential project in Yekaterinburg

 

LSR. Real estate - Urals started pre-sales in "Flagman" residential project in Yekaterinburg. It is located in one of the most prestigious city districts - VIZ - on Repina, Zavodskaya and Nachdiva Vasilieva streets. Total area of the project is more than 70 thousand m2.

 

The project consists of four 10- to 25-storey buildings with an underground parking. Price for an apartment starts from RUB 3.1m. Apartments in "Flagman" project will be delivered to customers on a turnkey basis.

 

The neighborhood has well-developed social infrastructure: kindergartens and schools, shopping and sports centers, nearby there is the Verh-Isetskiy pond.

 

The ground and first floors will be used with commercial premises.

 

Customers of "Flagman" project are able to apply for mortgage financing at the leading Russian banks: Sberbank, VTB24 and Gazprombank. Maternity capital, a state housing certificate can be used as a down payment or a part of the cash payment. It is also possible to buy an apartment using real estate trade-in.

 

Notes to Editors:

PJSC 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 prefab construction. LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg. As of December 31, 2014 (according to Colliers International), the net sellable area of the projects in LSR Group's real estate portfolio is equal to 10m m2 with the market value of RUB 135bn. In 2014, the sales revenue of LSR Group amounted to RUB 92,347m (IFRS). LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MOEX.

 

For more information please contact:

LSR Group Press Service

Tel.: +7 812 333 11 11

Fax: +7 812 458 83 72

E-mail: press@lsrgroup.ru

www.lsrgroup.ru 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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MSCGMGZVRKMGKZG
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