LSR Group started construction and pre-sales in a low-rise residential neighbourhood Nakhabino Yasnoye with a total net sellable area of around 140 th sq m. The new comfort class project is situated on the land plot of 29 ha in the Istrinsky district of the Moscow region, 17 km from Moscow.
There will be 41 four-storey buildings in the neighbourhood. The area of studios, one-, and two-bedroom apartments available for sale ranges from 26 to 84 sq m. The price per square meter starts at RUB 58 000. Nakhabino Yasnoye will be built using energy-efficient "seamless" facade technology which provides high insulation properties and comfort living environment. The project is planned for completion in the end of 2016. Notes to Editors: OJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials, real estate development and panel construction. LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg. As of 31 December 2012 (according to Cushman & Wakefield Russia), the net sellable area of the projects in LSR Group’s real estate portfolio is equal to 8.7m m2 with the market value of RUB 120bn. In 2012, the sales revenue of LSR Group amounted to RUB 61,122m (IFRS). LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MICEX-RTS.
For more information please contact: LSR Group Press Service Tel.: +7 812 314 10 44 Fax: +7 812 458 83 72 E-mail: press@lsrgroup.ru www.lsrgroup.ru
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