RIAS MAGAZINE No 05
Island & World Cup in Saint-Petersburg
Source: 108 Udach
>> Continuation
RIAS: And finally could you please tell us more about 108 Udach.
GS: We are engaged primarily in commercial real estate, land plots for
residential and commercial development, for industrial construction. We
have a very developed area - KIO, few people are engaged in it, so we
the demand is great. Especially in plots
for the car service, parking lots, car wash — prices for cars
Galina Galina
SopeginaSopegina
found a niche. And
rose, and people now prefer getting their car repaired instead of buying
a new one. Thiese lots are the city land for 3 or 5-year rent. From the
very beginning, two years ago, when our company was established, we
have been doing just that. We as investors buy out KIO plots at the city
tenders, put the documents in order and offer them to customers for
special activities under technical conditions. With regard to residential
sector, it occupies a small fraction of our operations (15-20%).
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