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According to the rating results, LSR Group’s share in the total volume of housing under construction in Moscow and the Moscow region amounts to 3.1%, in the total volume of mass-market housing – 4.5%.
Rating was made on the aggregate area of housing in the projects under construction which are currently on sale (excluding municipal housing) and also those projects which are not on the market yet.
Today CJSC Mosstroyrekonstruktsiya (a subsidiary of LSR Group) offers its customers apartments in three residential neighbourhoods in the Moscow region: Novoye Nakhabino, Novoye Domodedovo and Sakramento.
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. Nowadays LSR Group is one of the largest real estate development and building materials producing companies in Russia. 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. As of 31 December 2010 (according to DTZ Russia), the net sellable area of the projects in LSR Group’s real estate portfolio is equal to 8.4m m2 with the market value of RUB 104bn.
In 2010, the sales revenues of LSR Group were RUB 49,950m (IFRS).
LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on OJSC MICEX-RTS.
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