Setl City (a company of Setl Group) will restore at its own expense an architectural monument – G.I. Vege’s mansion at 38, Oktyabrskaya Embankment, which is now in a dilapidated condition. The developer has already signed a preservation commitment prepared by the Committee for State Control, Use and Protection of Historical and Cultural Monuments (KGIOP).
On June 19, 2018, the national rating agency ACRA raised the credit rating of Setl Group LLC to BBB+(RU) with a “Stable” outlook, which is currently ACRA’s highest public credit rating awarded to companies in the construction and real estate sector. ACRA also assigned the BBB+(RU) credit rating to Setl Group LLC’s issue of exchange-traded interest-bearing documentary bonds (RU000A0ZYEQ9).
Setl City (a company of Setl Group) has begun the construction of a modern comprehensive school with two swimming pools in the comfort-class Clear Sky residential area in Primorsky District of St. Petersburg. The school will house 1100 pupils. The project is being implemented at the developer's expense.
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