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15.11.2017
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Hals-Development: Second Stage of Nasledie Residential Quarter Commissioned

Hals-Development has obtained a commissioning permit for the second stage of the Nasledie Residential Quarter on Krasnobogatyrskaya Street. The second stage of construction includes 5 residential sections of various heights (5 to 16 floors) and a two-story shopping center, the residential sections feature a total of 345 apartments, 624 parking spaces and about 5,000 sq m of private infrastructure: a café, a store and a two-story shopping center. The architectural design was developed by Creative Production Union Reserve. Ant Yapi acted as the project’s General Contractor.

About the Company:

PJSC Hals-Development is a fast-growing real estate development company that specializes in residential and commercial real estate and controls all stages of a project life cycle, from concept development to further management of finished facilities. The company’s principle shareholder is VTB Bank.

The company is one of the five largest real estate developers in Moscow. The total area of the development projects implemented by Hals-Development is 1.6 million sq m. In 2016 and 2017, the company commissioned seven real estate projects with a total area of about 600,000 sq m: 1st and 2nd stages of the business-class Nasledie Residential Complex, elite Wine House Quarter, Peking Gardens Apartment Complex, IQ-Quarter (International Business Center Moscow-City), and elite Teatralny Dom Quarter.

The total area of real estate under construction in the company’s portfolio is over 800,000 sq m. Four projects are currently under construction: 3rd stage of the business-class Nasledie Complex, multifunctional Iskra-Park Complex, Dostoyanie Residential Complex, and Nevskaya Ratusha project in Saint Petersburg.

The company’s portfolio includes currently operating commercial real estate: SkyLight Business Center, Danilovsky Fort Business Center, Peking Hotel, shopping and entertainment complex Central Kids Store, Kamelia resort complex in Sochi, and other projects in Moscow and other regions of Russia.

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