News

The Stockholm luxury residential estate being built by Setl City (part of the Setl Group) on the banks of the Bolshaya Nevka has become the winner of the 13th interregional real estate competition "KAISSA-2017". The Setl City’s project outperformed all competitors in the nomination "The Best Project in the Premium Housing Market". The award ceremony took place in St. Petersburg on December 7.

Setl City (a company of Setl Group) has commissioned the 4th building in the comfort-class Solnechny Gorod (Sun City) RE in Krasnoselsky District of St. Petersburg. This is a 12-storey brickwork/cast-concrete house with façades in a gamut of beige and brown colors. 

Setl City (a company of Setl Group) has commissioned building 3 of ZimaLeto RE, which is being built not far from the Ladozhskaya metro station, on the bank of Bolshaya Okhta. Apartments from one-room to four-rooms in size have been designed in the building, and an underground car-park for 328 cars has been built, as well as an open parking lot near the house. 

Setl City (a company of Setl Group) has commissioned the first kindergarten for 220 kids in the Solnechny Gorod (Sun City) RE, which is being built in Krasnoselsky District of St. Petersburg. 

The Planetograd residential estate built by Setl City (part of the Setl Group) has been recognized as the winner in two categories of the Stroymaster-2017 city professional contest: "The Best Construction Site" and "The Best Construction Camp". The 10th anniversary award ceremony took place on November 16 in the St. Petersburg Palace of Labor.

Setl City (a company of Setl Group) is planning to start the construction of a new comfort+-class residential estate, Filosofiya na Moskovskoy (“Philosophy at Moskovskaya") in Moskovsky district before the year expires. Three 12-storey residential houses with an underground/above-ground car-park and a kindergarten for 110 kids will be built on the land plot area near Ploshchad Pobedy (Victory Square). Petersburg Real Estate is the exclusive broker of the project.

Setl City (a company of Setl Group) has been awarded the Golden Badge of Public Control in Co-investment Construction "Reliable Developer of Russia 2017". The award presentation ceremony took place on November 3 at the Palais des Congrès in Strelna within the framework of the All-Russian summit of the same name.

The national rating agency ACRA has assigned the BBB(RU) credit rating to the Setl Group holding company’s bond issue.  

On November 2, Setl Group placed 5 million bonds of series 001P-01 (identification number 4B02-01-36160-R-001P of October 26, 2017) with the overall face value of 5 billion rubles by public offering. The circulation term of the exchange-traded bonds is 5 years. The issue provides for amortization redemption, starting with the 12th coupon.


This autumn, Setl City (a company of Setl Group) has started landscaping the curtilage of buildings 2 and 3 of the Solnechny Gorod (Sun City) residential estate. Over 2,500 seedlings of cotoneaster, lilac and lime will be planted in the courtyards of the residential estate. Petersburg Real Estate is the exclusive broker of the Solnechny Gorod project.

Setl City (a company of Setl Group) has already built 12 kindergartens and 2 schools at its own expense. At the moment, the developer is building 13 social facilities (9 kindergartens and 4 schools) within its projects at a time.