News

Setl Group Started Building a Shopping Center in Sunny City RE

The Setl Group holding proceeded to construct a shopping center with an underground parking lot and a surface parking space in the Sunny City residential estate, Krasnoselsky District of St. Petersburg. The building’s total space will be over 11,000 sq. m. It is intended to complete the construction in Quarter 1, 2021.

2019 may 13

Setl Group Delivering MoreOkean Residential Estate 8 Months Ahead of Schedule

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.

2019 may 07

Setl Group Publishes IFRS Financial Results

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.

2019 may 06

Setl Group to Build a New Plesetskaya Street Portion

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.

2019 april 23

Setl Group Sales Up 70% in Quarter 1

Based on the Quarter 1 results, the sales of the Setl Group holding grew by 70.3% in monetary terms compared to the similar period of 2018, amounting to nearly 25 billion rubles. In physical terms, the sales went up by 42.2% to 201,000 sq. m, and the total of transactions in all kinds of spaces increased by 41.7%.

2019 april 17

Setl Group Performs Wall Masonry Work in the Chopin Mansion

Setl Group is continuing to recreate the Chopin mansion in the 25th Line of Vasilyevsky Island. The building located within the boundaries of the Palazzio quarter construction site was demolished by the previous owner of the land plot. Currently, the Setl Group holding company is restoring the mansion and its façades at its own expense. Full completion of the work is expected in Q3 this year.

2019 april 04

Companies of Setl Group holding