21.01.2020, 11:22
Third Largest Russian Developer Setl Group in 2019 Increased Sales by More Than 30%
Source: OREANDA-NEWS
OREANDA-NEWS. According to the results of 2019, the St. Petersburg developer Setl Group, the third largest developer in Russia, increased sales to 105.8 billion rubles, which is 33.1% more than the result of 2018, the company’s press service said on Tuesday.
"At the end of 2019, the Setl Group holding increased sales of apartments, apartments, commercial premises and parking spaces by 33.1% in monetary terms to 105.8 billion rubles", the statement said. The number of contracts concluded during the reporting period increased by 20.3%. The area of real estate sold, excluding parking lots, reached 857 thousand square meters, which is 16.9% more than in 2018.
In total, according to the results of 2019, the developer handed over objects with a total area of 1.3 million square meters, which is 3.2% higher than the result of 2018. 25 residential buildings of various classes were commissioned in St. Petersburg, the suburbs of the Leningrad region, Kaliningrad. In 2019, the company began construction of 37 new residential buildings in projects of various classes.
"At the end of 2019, the Setl Group holding increased sales of apartments, apartments, commercial premises and parking spaces by 33.1% in monetary terms to 105.8 billion rubles", the statement said. The number of contracts concluded during the reporting period increased by 20.3%. The area of real estate sold, excluding parking lots, reached 857 thousand square meters, which is 16.9% more than in 2018.
In total, according to the results of 2019, the developer handed over objects with a total area of 1.3 million square meters, which is 3.2% higher than the result of 2018. 25 residential buildings of various classes were commissioned in St. Petersburg, the suburbs of the Leningrad region, Kaliningrad. In 2019, the company began construction of 37 new residential buildings in projects of various classes.
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