Setl City’s Sales Grow by 9.8% in 2017
2018 january 23
In 2017, the residential real estate sales volume of Setl City (a company of Setl Group) increased by 9.8% in monetary terms as compared to 2016. Sales of commercial spaces grew by 7.4% over the same period. Petersburg Real Estate is the exclusive broker of Setl City’s projects. At the moment, 28 projects of Setl City at various stages of completeness are presented in the market of housing under construction in St. Petersburg, Kaliningrad Region and Leningrad Region. The company has a representative office in Moscow. In 2017, Setl City offered to the market more than 878,000 sq. m of housing under construction in projects of various classes – from comfort to elite. Thus, sales of apartments in new buildings of Setl City's residential estates in St. Petersburg started: MoreOcean and Chistoye Nebo (Clear Sky) in Primorsky District, Nevskiye Parusa (Neva Sails) in Nevsky District, Palazzio business-class estate on Vasilyevsky Island, Solnechny Gorod (Sun City) in Krasnoselsky District, Filosofiya na Moskovskoy near the Moskovskaya metro station, the elite RE Petrovsky Estate on the Water on Petrovsky Island. In Leningrad Region, sales began in building 15 of the London estate within the Seven Capitals residential area in Kudrovo and in the new houses of the GreenLandiya-2 RE not far from the Devyatkino metro station. The sites sold by the company have been traditionally attractive to buyers of housing due to the impeccable reputation of Setl City, a reliable Russian developer. The company's projects have been deservedly appreciated by both customers and the construction and expert community. Thus, last year, RE Petrovsky Estate on the Water won a prize of the PROESTATE AWARDS 2017 federal competition. The Seven Capitals residential area in Kudrovo became the winner of the 8th National Award for Achievements in Housing Construction RREF AWARDS-2017. Based on the results of the popular vote, the project was recognized as the best in the category "Urban Construction: Regions of Russia. A city in a City." Other projects of Setl City received awards, too, while the company itself received the Golden Badge of Public Control in Co-investment Construction "Reliable Developer of Russia 2017".
Companies of Setl Group holding