In 2009 LenSpetsSMU was the first among all construction companies in St. Petersburg in terms of completion

19.01.2010

During 2009, LenSpetsSMU completed the construction of 9 buildings in 4 projects with a total area of 323.7 thousand m2. With account of all completed objects as well as sold to City Administration objects, the market share of LenSpetsSMU on a primary market of St. Petersburg in 2009 reached 13%.

Overall in 2009, 2,603,182.9 m2 was constructed in St. Petersburg. LenSpetsSMU ranked first among private development companies (only St. Petersburg building committee put more into operation than LenSpetsSMU – 641 thousand m2 of public residence).

From 323,650.9 m2 of the area put into operation, 232,406.5 m2 (71.9%) was constructed for accommodation, 53,193.1 m2 (16.4%) for commercial premises, 27,923.3 m2 (8.6%) for garages, 10,128.0 m2 (3.1%) for technological premises.

The projects that were put into operation by LenSpetsSMU:

Retail and business centre Smolenka River (30.01.2009) – 16,385.9 m2.

Rainbow – I construction stage, building 3 (27.02.2009) – 35,502.9 m2.

Rainbow – I construction stage, building 4 (27.02.2009) – 35,933.5 m2.

Birzhevoy complex– I construction stage (14.10.2009) – 23,227.4 m2.

Jubilee Quarter 75 А, building 5 (30.10.2009) – 32,228.6 m2.

Rainbow – II construction stage, building 1, 2 (18.12.2009) – 75,540.5 m2.

Jubilee Quarter 75 А, building 2 (30.12.2009) – 72,678.5 m2.

Jubilee Quarter 75 А, building 6 (30.12.2009) – 32,153.6 m2.

Moreover, since the beginning of 2010 LenSpetsSMU has put into operation another building in the Jubilee Quarter 75A project (11.01.2010) with a total area of 60,663.8 m2. LenSpetsSMU plans to put into operation a total of approximately 210 thousand m2 in 2010 and about 400 thousand m2 in 2011.

More detailed information about the construction process can be found on the company’s financial site.

CONTACT DETAILS

Mikhail Dukhovny, Director of Corporate Communications Department
Telephone: +7 (812) 348-21-25, e-mail: dukhovny_m@lenspecsmu.ru

Victor Vasenev, Deputy CFO
Telephone: +7 (812) 348-09-95, e-mail: vasenev_v@lenspecsmu.ru