CDS Group joined the list of top ten major developers in Russia
CDS Group is ranked ninth in the rating of Russian developers in terms of the volume of housing commissioned in 2017, according to data provided in the annual study by the Unified Register of Developers.
Over the past two years, CDS Group has been steadily increasing the amount of commissioned housing. At the end of 2017, this figure exceeded 580,000 sq. m of total area and 333,000 sq. m of living area.
14 real estate objects were commissioned:
- block 1 (stages 1, 2, and 3) of the Murinsky Posad housing development with a total area of over 165,000 sq. m
- blocks 7, 8, 9, 10, and 11 of New Murino with a total area of over 126,000 sq. m
- blocks 1 and 2 of Vesna 2 with a total area of over 90,000 sq. m
- block 5 of Prinevsky with a total area of over 66,000 sq. m
- block 1 of Novye Gorizonty with a total area of over 58,000 sq. m
- block 1 of Vesna 3 with a total area of over 48,000 sq. m
- block E of New Yanino with a total area of over 35,000 sq. m.
“The sky is the limit. This year six new projects with a total area of more than 800,000 square meters will be brought to market,” Mikhail Medvedev, General Director of CDS Group, said. “We intend to maintain the volume of housing commissioning, the figure of 500—600 thousand square meters corresponds to both market demand and our company policy.”