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Business / Real estate

In 2018 of the civil code "Atlant" has increased the volume of new housing by 20%

GK "Atlant" has summed up its work in 2018. Over the past 12 months the developer has built almost 120 thousand square meters of real estate, which is 20% more than in 2017. While sales of housing projects of GK "Atlant" last year grew 150%. The total investment in construction in 2018 amounted to more than RUB 4.0 bln.

Past 2018 as a whole was successful for GC "Atlas" and from the point of view of the construction of buildings and sale of real estate. Only for the first half of 2018, the volume of completed construction actually match the amount of built company housing for the whole of 2017. Total at the end of 2018 completed five buildings with a total area of about 118,1 thousand square meters, which is located 1880 families. Of them of 98.1 thousand sq m put into operation in 2018, and entering another house was held at the beginning of 2019.

the Implementation of neighborhoods "City of Happiness" and "Lobnya city", the developer is led entirely by its own funds after the division of the business Ledger "Leader Group". Also in 2018 of the civil code "Atlant" actively financed the construction of other houses in the specified LCD. The total investment in construction in 2018 amounted to more than RUB 4.0 bln.

"In 2018, as in the previous, we continued the course taken to fulfil our obligations to shareholders. In 2018 of the civil code "Atlant" is not deduced on the market new volumes, and focused on the construction of ongoing projects. We solved all the problems in engineering our LCD, continued construction, and proved that in such a difficult time, the company stands firmly on his feet and optimistic about the future, - says General Director of "Atlant" Roman Labinov. – Moreover, now we can confidently give a timeframe for the completion of all projects, especially where customers have long been waiting for their apartments".

After the successful commissioning of a number of houses GK Atlant resumed home sales in all of its projects. Because of this, and the increase of dynamics of construction overall, in 2018, the company recorded an increase in the number of primary transactions in half compared to the previous year.

According to Roman Labajova, in 2019, the company plans to transfer about 2,000 apartments for the fulfillment of obligations before shareholders, directing the main efforts on the completion of initiated projects.

At the same time, having a large land Bank in the GC "Atlas" considering in the second half of the year to launch 2-3 new projects in Moscow and Moscow region with the use of escrow accounts in cooperation with one of the leading banks. At the moment negotiations are underway.