News
17.05.2012
Setl Group Completely Pays off the Debut Bonded Loan
On 15th May Setl Group paid off the face value of the circulating bonds and paid the last, tenth, coupon yield under corporate bonds, series 01, state registration No. 4-01-36160-R dated 26th June 2006.
On 15th May Setl Group paid off the face value of the circulating bonds and paid the last, tenth, coupon yield under corporate bonds, series 01, state registration No. 4-01-36160-R dated 26th June 2006.
17.04.2012
Sales Open in a New Business Center by Setl City
Setl City, Setl Group member, opens sales in a class B 11-storey business center under construction in Moskovsky district. The prices of offices start from 2.8 MIO roubles. Praktis C&B (also a member of the Setl Group) is the exclusive broker.
Setl City, Setl Group member, opens sales in a class B 11-storey business center under construction in Moskovsky district. The prices of offices start from 2.8 MIO roubles. Praktis C&B (also a member of the Setl Group) is the exclusive broker.
11.03.2012
Setl Group Starts the Construction of a Business Center in Moskovsky District
Setl Group has started the construction of an 11-storey class B business center about 30,000 sq. m in total area (the net saleable area being 21,300 sq. m) with an attached multi-storeyed parking garage at: lit. A, 153, Leninsky Prospect. It is expected that the construction will be completed in the 1st quarter of 2014. Sales will be opened within the nearest months.
Setl Group has started the construction of an 11-storey class B business center about 30,000 sq. m in total area (the net saleable area being 21,300 sq. m) with an attached multi-storeyed parking garage at: lit. A, 153, Leninsky Prospect. It is expected that the construction will be completed in the 1st quarter of 2014. Sales will be opened within the nearest months.
21.02.2012
Setl Group Successfully Discharges Bonds Retirement Obligations under Irrevocable Offer
On February 20th, Setl Group’s non-convertible interest-bearing documentary bonds were redeemed under the previously announced irrevocable offer. All in all, more than a third of the issue were redeemed in the course of the offer.
On February 20th, Setl Group’s non-convertible interest-bearing documentary bonds were redeemed under the previously announced irrevocable offer. All in all, more than a third of the issue were redeemed in the course of the offer.
10.02.2012
Setl Group Acquires Another Land Plot in the Baltic Pearl Project
Setl City (a company of Setl Group) has made with CJSC Baltic Pearl a contract of sublease of a land plot 40,198 sq. m in area located along Matisov Canal, where it plans to erect a new comfort-class residential estate. The roughly estimated volume of investment in the project is 5 billion roubles. It is expected that the construction and sales will be started as early as in the summer of 2012.
Setl City (a company of Setl Group) has made with CJSC Baltic Pearl a contract of sublease of a land plot 40,198 sq. m in area located along Matisov Canal, where it plans to erect a new comfort-class residential estate. The roughly estimated volume of investment in the project is 5 billion roubles. It is expected that the construction and sales will be started as early as in the summer of 2012.
09.02.2012
LSR Group and Setl Group are Starting to Redevelop a Former Industrial Site
LSR Group and the Setl City company (a member of Setl Group) are starting to implement in St. Petersburg a joint project of housing construction on a land plot 104,700 sq. m in area located at 9, Energetikov av. According to a preliminary estimate, the area of the new residential estate will be about 120,000 sq. m.
LSR Group and the Setl City company (a member of Setl Group) are starting to implement in St. Petersburg a joint project of housing construction on a land plot 104,700 sq. m in area located at 9, Energetikov av. According to a preliminary estimate, the area of the new residential estate will be about 120,000 sq. m.
19.01.2012
Setl Group Commissions «Tokyo» RC in St.Petersburg
Development company Setl City (a company of Setl Group) has received a permission for commissioning of «Tokyo» residential complex in Primorsky District of St. Petersburg on Mebelnaya Street. The complex with total area of about 50,000 sq m was commissioned in full compliance with the previously stated deadline. The procedure of apartment transferring to the clients has started.
Development company Setl City (a company of Setl Group) has received a permission for commissioning of «Tokyo» residential complex in Primorsky District of St. Petersburg on Mebelnaya Street. The complex with total area of about 50,000 sq m was commissioned in full compliance with the previously stated deadline. The procedure of apartment transferring to the clients has started.
19.12.2011
Setl Group Expanding Its Project Portfolio in St. Petersburg
Setl City (a company of Setl Group) has purchased a plot of about 30 hectares in Devyatkino, west of Devyatkino subway station and north of the Ring Motor Road, to build a new residential block in the north of St. Petersburg
Setl City (a company of Setl Group) has purchased a plot of about 30 hectares in Devyatkino, west of Devyatkino subway station and north of the Ring Motor Road, to build a new residential block in the north of St. Petersburg
08.12.2011
Expert RA Raising Setl Group’s Rating to A
The Expert RA rating agency has raised the creditworthiness rating of Setl Group LLC to A (high creditworthiness). Outlook: Stable. Previously, the company had the B++ rating (acceptable creditworthiness).
The Expert RA rating agency has raised the creditworthiness rating of Setl Group LLC to A (high creditworthiness). Outlook: Stable. Previously, the company had the B++ rating (acceptable creditworthiness).
07.12.2011
Setl Group Starts Construction of Another Residential Block in Svetlogorsk
Setl City Kaliningrad, Setl Group’s developer division in Kaliningrad, has started construction of a new “Summer” residential complex in Svetlogorsk, Kaliningrad Oblast. Thus, the company is currently erecting four projects in that region.
Setl City Kaliningrad, Setl Group’s developer division in Kaliningrad, has started construction of a new “Summer” residential complex in Svetlogorsk, Kaliningrad Oblast. Thus, the company is currently erecting four projects in that region.



