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Setl Group Increases Its Commissioning Volumes 5 Times in the First Half of 2017

2017 july 11

In the first half of 2017 the Setl Group holding company commissioned 232,080 sq. m of real estate, which is almost 5 times more than in the same period of 2016. Sales of apartments with the salable area of 563,150 sq. m started, which is the double of the first half of 2016. The sites commissioned by the Setl Group include the first and the second stages of the large-scale project Chistoye Nebo (Clear Sky) in Primorsky District of St. Petersburg, the Mirozdanie (The Universe) residential estate in Petrogradskaya Storona, buildings 2.1, 2.2 and 2.3 of the first house in the Nevskiye Parusa (Neva Sails) residential estate in Nevsky District, and house 8 in the Leto residential estate in Svetlogorsk, Kaliningrad Region. In the first half of the year, Setl Group offered to the market the second stage of Palazzio RE on Vasilyevsky Island and the premium-class residential area Petrovsky Estate on the Water, as well as the elite residential house Victory Plaza in Gastello street in Moskovsky district of St. Petersburg. Sales have started in new buildings of the comfort-class projects Solnechny Gorod (Sun City) residential estate in Krasnoselsky District and Chistoye Nebo (Clear Sky) residential estate in Primorsky District. Sales of apartments have started in new houses in the Nevskiye Parusa (Neva Sails) residential estate in Nevsky District, GreenLandiya RE near the Devyatkino metro station and in the London estate within the Seven Capitals residential area in Kudrovo. Apartments in the new Setl City’s comfort-class project MoreOcean, which is being implemented in Primorsky District of the city, have been offered to the market. In Kaliningrad and Kaliningrad Region, sales have started in new houses of Olympia, Stereo and Lake City REs. It should be noted that in 2016 the Setl Group holding company was Russia’s leader by housing commissioning, leaving behind all Moscow and St. Petersburg developers. Last year, the company commissioned almost 1 million square meters of residential real estate.

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Companies of Setl Group holding