LSR Group completes the Grunwald residential complex in Moscow
CJSC Mosstroyrekonstruktsiya (a subsidiary of LSR Group) has commissioned Grunwald residential complex, located on the Skolkovskoye Shosse in western suburbs of Moscow. The company has started to give out flat keys to the customers.
New res
idential complex consists of 13 detached six-storey buildings with up to 20 flats in each one, providing a limited number of neighbors for comfort living conditions. The complex will include commercial properties and an underground parking as well as a large fitness center with a sports pool.
Apartments sale started in 2005. For past 5 years the price per square meter has increased 2.5 times. Today a square meter in the Grunwald costs from RUB 149,000 to 266,000. The majority of flats (85%) in Grunwald have already been sold on the construction stage.
The project was designed by famous architect bureaus: NPS Tchoban Voss, Project-Meganom, Ostorzhenka and Assman Salomon. Each house of the Grunwald residential complex has its own distinguishing features but together they form a unique architectural solution.
The Grunwald residential complex, surrounded by a park, is situated in an environment-friendly part of the Moscow region, a short way from the western boundaries of Moscow. The complex has a good link with Moscow’s centre via Skolkovskoye Shosse. The neighbourhood has a well-developed infrastructure – elite gymnasiums, schools and kindergartens together with tennis courts and golf courses are located just a short distance away. A close vicinity of the future Silicon Valley in Skolkovo will add to the project’s attractiveness.
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, Yekaterinburg and Ukraine.
In 2009, the sales revenues of LSR Group were RUR 51,024 million (IFRS).
LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MICEX and RTS.
LSR Group Press Service
Tel.: +7 812 314 10 44
Fax: +7 812 458 83 72
E-mail: press@lsrgroup.ru
www.lsrgroup.ru
Return to News and Press Releases

