PSN GROUP RANKS AMONG FIVE LARGEST RESIDENTIAL AND COMMERCIAL DEVELOPERS06/02/2018
According to analysts from Metrium Group and CBRE, only a third of developers in Moscow have both residential and commercial projects in their portfolios. PSN Group ranks fifth in the rating of largest companies in the real estate market with a total of 576.2 thousand square meters. The company is presently building seven residential and apartment complexes, in addition to which it leases space in seven commercial developments.
The rating was based on floor space of apartments in residential complexes where primary sales had been made as at end 2017. For commercial real estate, the analysts calculated the leasable area of fully-built class A and B facilities: office blocks, retail space, warehouses, logistics centers, industrial parks, and hotels.
Moscow today counts 31 companies (a third of all developers in Moscow) with portfolios containing both residential and commercial properties, amounting to a total area of 9.17 million square meters.
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