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Residential building at Kamennoostrovskiy Prospekt by Construction Corporation Renaissance of St. Petersburg – the winner of prestigious international

10 September 2010

Construction Corporation  Renaissance of St. Petersburg ( a subsidiary of LSR Group) and OOO Osobnyak (a subsidiary of LSR Group) nominated their projects as the Best Implemented Development Project on the Russian Real Estate Market 2010 at a local stage (FIABCI-Russia) of FIABCI Prix d’Excellence Awards 2011.

Kamennoostrovsky Prospekt, 62 de Luxe class residential complex (by Construction Corporation  Renaissance of St. Petersburg) which includes a mansion of architect Andrey Voronikhin, became the winner in the Residential Real Estate Nomination (sub-nomination “High-rise construction”). Novy Mir gated community (by OOO Osobnyak) as a final nominee was awarded with a Diploma in the Residential Real Estate Nomination (sub-nomination “Low-rise construction”).

91 applications were sent to the category “The Best Implemented Development Project on the Russian Real Estate Market 2010” this year, including real estate projects from 19 largest Russian cities. The Residential Real Estate Nomination had the majority of the participants – 20 projects.

FIABCI-Russia is the first stage of FIABCI Prix d’Excellence Awards – one of the world’s most prestigious real estate awards – held by the International Real Estate Federation, FIABCI, since 1992. The winners of the first stage can participate in  FIABCI Prix d’Excellence Awards. FIABCI-Russia is held since 2007.

Kamennoostrovsky, 62 Residential Building

The Awards winner residential building, designed by Reinberg and Sharov architectural workshop, is the gem of Kamennoostrovskaya Collection. Comprising several buildings, the residential complex combines classical architecture of St. Petersburg with advanced engineering equipment.
The building consists of 7-storey residential building with built-in commercial premises and a renovated 19th century mansion - former summer house of architect Andrey Voronikhin, connected with the building by a glazed gallery.

There are four two-level penthouses on the upper floors of the residential building overlooking the Petrogradsky district.

The project was completed in December 2008.

Project characteristics:
Lot area: 7.6 hectares
Net sellable (living) area: 11 thousand square meters
Number of apartments: 70
Number of parking lots: 99

Novy Mir gated community

Novy Mir is an elite class gated community for either permanent or seasonal living. The project was designed by Arkhstroydesign Architertural worskshop of the top Moscow architect A. Ivanov. The gated community is located in a green area, a short distance away from Repino and Leninskoye, close to the Gulf of Finland.

Noviy Mir comprises classically-styled houses with due account for Russian traditions and typical landscapes. All the houses will be fitted with modern engineering systems, connected to the main pipelines and provided with electricity, gas, water supply and sewage systems.

The beautiful scenery and established infrastructure are the key advantages of this prestigious suburban area - perfect for those who highly value comfort and privacy. 

Project characteristics:
Lot area: 20 hectares
Net sellable area: 14.83 hectares
Number of lots: 93
1-and 2-storey houses

Note 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, 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.

Construction Corporation  Renaissance of St. Petersburg (a subsidiary of LSR Group) is a leading construction company for building elite housing in St. Petersburg. Founded in 1994, the corporation ranks among the largest building companies in Russia. With over 16 years of experience Construction corporation Renaissance of St. Petersburg has successfully implemented more than 40 projects in the most prestigious, complex, and important parts of the historical city centre, having worked on 73 houses.  With solid knowledge, decades of experience, and naturally, the love invested in by our personnel, many projects have been largely supported by the public. All the buildings constructed by the Corporation perfectly fit into the architectural style of St. Petersburg and harmonically combine elegance and comfort. This has placed them as being truly amongst the elite real estate of St. Petersburg.

OOO Osobnyak, founded in 2004, is one of the leading developers on the gated communities market of St. Petersburg. The company builds gated communities comfortable for living and fully fitted with modern engineering systems. The engineering systems include electricity, gas, water supply and sewage systems. The houses have one architectural style. The quality of materials and construction fully satisfies the standards of elite real estate construction. Zoned area, established infrastructure, modern security systems and unique architectural style are highly appreciated by the most demanding customers.

For more details 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

«LSR Group» discloses information on the page on the Internet of LLC Interfax-TsRKI — the news agency accredited by the Central Bank of the Russian Federation to disclosure of information.
Information is available here.



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