PSN GROUP RANKS AMONG TOP FIVE LARGEST MOSCOW DEVELOPERS10/08/2016
Analysts have compiled a ranking of the largest developers with the most ambitious residential construction projects.
The list of the flagship Moscow-based developers includes 10 development companies with the largest construction volumes. According to BEST-Novostroy data, developers in the Moscow market intend to sell over 15 million sqm of real estate over the next five years. This is the combined volume of the 58 largest residential construction projects in Moscow.
PSN Group ranks fourth in the ranking. The company has sold 1.630 million sqm of residential properties. The developer is currently implementing four major projects in different segments in the Old Moscow area. Two of these projects are ambitious integrated territory development project with a total footprint of 46 hectares: the SREDA residential quarter and the Domashniy residential community. Both projects are being implemented in the South-East Administrative District and rank among the top 5 largest metropolitan projects and the top 5 most budget-friendly offers within the Old Moscow area. The SREDA residential quarter was also named the best construction project of 2016.
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