Assets of Samolet Group have risen in price by 64% over the year
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According to the consulting company Commonwealth Partnership, over the year the value of the assets of the Samolet development group increased by 64% and reached 634.7 billion rubles. This is how much the company’s assets were worth as of June 30. A year earlier, their cost was estimated at 387.3 billion rubles.
In a press release on website The company specifies that the value of assets includes the valuation of the company’s start-ups, land bank and brand. Samolet’s most expensive asset is its land bank, valued at RUB 548.2 billion.
In the group, the improvement in financial performance is associated with its entry into new markets (outside Moscow) and an increase in the number of development projects. “Our portfolio today includes projects in St. Petersburg and the Leningrad region, Yekaterinburg, Tyumen, Vladivostok and other regions,” the text explains.
Samolet Development Group was founded in 2012. In terms of current housing construction, the company ranks second in Russia (after PIK).
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