Setl City Recognized as a Reliable Developer of Russia 2017

03.11.2017

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.

By the end of 2016, the Setl Group holding company, which includes Setl City, became the leader in terms of residential real estate commissioning not only in St. Petersburg and Leningrad region, but also in Russia as a whole, having commissioned almost 1 million sq. m of housing under construction. All obligations to the investors were fulfilled on time and in full. For 9 months of 2017, Setl City commissioned twice as much real estate as in the same period of 2016. The indicator has grown from more than 220,000 square meters of total area to 441,000 square meters.

In the autumn of this year, according to the results of the construction market participants rating  compiled by the Delovoy Peterburg newspaper, Setl Group was also assigned the highest rating AAA as the most reliable developer in St. Petersburg and Leningrad Region.

It should be noted that the Golden Badge of Public Control in Co-investment Construction is assigned to companies, whose all sites have the highest reliability indicators in the field of investor legal rights observance.

Petersburg Real Estate, which is another company of the Setl Group holding company, is the exclusive broker of Setl City’s projects.