MoD Acquires Housing from City House Building Company
OREANDA-NEWS. On 25 June 2009 was announced, that House Building Company (OOO GDSK), 100% subsidiary of LSR Group, has won the open auction to conclude a government contract for sale of apartments in St.Petersburg for the needs of the Ministry of Defence. The total amount of the government contract is RUR 4,685 million.
According to the auction results, the government contract is to be concluded for 1, 704 flats, 2-, 3- and 4-room, with a total area of
OOO GDSK is a subsidiary of LSR Group. The company founded in 2001 develops mass market residential real estate. Since 2003, GDSK has completed 39 projects with a total area of 500 th sq.m. Currently the area of over 6 bn sq m is on different stages of project development.
In 2008 the company became a winner in the “Consumer’s Trust” and “10 Best Constructors” contests. According to the results of the “Best Builder in
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