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Setl City sales grew by 12% in the first half of the year

2018 july 16

The sales of Setl City (part of Setl Group) in the first half-year grew by 12.1% in money terms as compared to the similar period of the last year, reaching 32.26 billion rubles. In the first half-year of 2018, the sales were opened for the houses of the 3rd stage of the Neva Sails residential estate in Nevsky District of St. Petersburg, 7th stage of Clear Sky RE in Primorsky District. The apartment sales also began for the 10th stage of GreenLandia-2 RE near Devyatkino subway station. Among the new projects of Setl City are the business class Attraction at Vyborgskaya residential estate in Bolshoi Sampsonievsky Prospekt and Clouds at Lesnaya in Novolitovskaya Street. The business class Fortezia residential estate became a unique project for Kronshtadt where new residential estates are seldom offered to buyers. In Kaliningrad Oblast, the sales started for No. 11 in Olympia residential estate. In the first six months of this year, Setl City commissioned nine residential houses – the last buildings in the London block of the Seven Capitals community in Kudrovo and Olympia RE in Svetlogorsk, Kaliningradskaya Oblast. As part of the GreenLandia-1 project, the company delivered a general education school designed for 1175 students. The construction of Attraction at Vyborgskaya RE and Fortezia RE was started. Setl City proceeded to constructing the 8th stage of the comfort class Sunny City residential estate in Krasnoselsky District and the 7th stage of the Clear Sky RE in Primorsky District. The construction of two stand-alone social projects was started. They are a kindergarten for 200 children in Attraction at Vyborgskaya RE and a general education school for 1100 students in Clear Sky RE. Petersburg Real Estate is the exclusive broker of Setl City projects in Petersburg and Leningrad Oblast.

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Companies of Setl Group holding