1 Feb 2016 14:40
LSR Group starts pre-sales of apartments in LUCHI residential project in Moscow
LSR Group has started pre-sales of apartments in LUCHI residential project in Moscow. The company will build 825,210 sq. m of real estate.
One-, two-, three- and four-room apartments with an area ranging from 34.6 sq. m up to 98.8 sq. m in the houses № 5, 6 are currently available for sale. These buildings are to be completed in 2017. The price per square metre starts at RUB 85,000.LUCHI project will consist of eight buildings positioned in comfort class and one building positioned in business class of various heights (up to 25 floors) and an underground parking area. The project also provides for the construction of two schools for 825 students each, two kindergartens in separate buildings for 250 children each, as well as two kindergartens located in residential buildings for 150 children each.
The land plot is just two kilometers away from Ulyanovsk Forest Park and Chobotovsky Forest. The metro station Solntsevo, to be completed in 2017, will be located within walking distance. The project will benefit from good access to Borovskoye and Kiyevskoe Highways allowing residents to reach the city centre quickly.
The whole project is scheduled for completion in 2021.
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
E-mail: press@lsrgroup.ru
www.lsrgroup.ru