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This year, Glorax Development celebrates its first anniversary – 5 years! During this time the company managed to develop and become a leader in the market of developers of St. Petersburg: the first residential complexes in St. Petersburg and the Moscow region were put into operation, the location for the construction of a residential complex in Moscow was determined, and new large-scale projects were launched in various housing segments.
Numerous prizes within the framework of Russian and international awards confirm the high quality of the projects and the reliability of the developer; positive expert assessments and customer reviews prove that Glorax Development is deservedly included in the list of real estate market leaders.
The head of the Group, Andrei Birzhin, noted the company’s success and congratulated the employees of Glorax Development on the first anniversary: “We do not stand still, we constantly have new, larger and more ambitious tasks and projects. This year we have entered the capital market and will soon be ready to announce the launch of several new projects. Five years is quite a short period for business, but even during this period, the company Glorax Development has done almost impossible – has become the leader in its industry, brought out projects that became significant for St. Petersburg, and introduced new architectural trends to the market. I am convinced that we are waiting for significant achievements and development in many areas.”
The Glorax Development Company is the leader of the Northern capital in terms of the volume of housing under construction and is in the TOP-5 developers in St. Petersburg in terms of new construction. This year it is planned to introduce a record number of residential and commercial areas – about 260,000 sq. m. A significant amount of land bank in the Glorax Development asset allows to plan for the medium and long term and annually bring to the market a high-quality and demanded product.
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