Setl Group commissioned MoreOkean, a high comfort class residential estate in Primorsky District of St. Petersburg, with a record delivery time advance: the second building was delivered 8 months earlier. The project comprises two 25-storey building of an aggregate floor space of about 54,000 sq. m, two integrated–attached kindergartens for a total of 120 children, and two underground parking lots of 5,800 sq. m.
Based on the 2018 results, the Setl Group holding’s IFRS consolidated revenue was 92.2 billion rubles, and its net profit, 5.8 billion rubles.
This May, the Setl Group holding will proceed to the construction a prolongation of Plesetskaya Street west of Komendantsky Prospekt. The road will be built up to the crossing of Verkhne-Kamenskaya Street near the 6th stage of the Clear Sky residential estate. The developer will fund the construction with its own money.
*Subscribe to our newsletters and stay tunedSubscribe