LSR Group Enters TOP-5 Development Companies in Russia
OREANDA-NEWS. October 04, 2012. LSR Group became one of the TOP-5 largest development companies in Russia by sales revenue and real estate portfolio for 2011, according to the RBC magazine rating, reported the press-centre of LSR Group.
In 2011 the sales revenue of LSR Group amounted to RUB 51,910m (IFRS) and its real estate portfolio was 8.4m m2 with the market value of RUB 124bn.
The magazine’s annual survey included 30 leading Russian developers which had the largest sales revenues in 2011. The rating is based on the disclosed financial statements, reports of Russian analysts and calculations of the project’s researchers.
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