Key Success Factors
1. Region Size
Kvartstroy is successfully operates on the Real Estate market in the most economically attractive regions in Russia with a total population of over 17 million people.
2. Unique product
3D projects (affordable housing of comfort class) have unique competitive advantages:
3D apartments are technically ahead the competitors keeping comparatively low prices for an apartment. At the same time due to their high quality level they stay substitute competitors for business class apartments.
3. Potential demand
3D apartments have a great potential demand, which had been approved by successful sales in Nizhniy Novgorod and Volgograd – over 50% of apartments were presold at the early stages of development. Persistent demand for 3D-series is supported by low-housing in regions (present average level is about 22.6 sqm/ per person, what is substantially lower European Standards); significant degree of ramshackle residential buildings, which are to be renewed and enlargement of amenities of new economy class projects.
1. Well-balanced portfolio in Moscow. Nizhniy Novgorod and Volgograd, diversified by price segment:
2. Experienced team with over 18-years of experience in Real estate development (over 50), successfully passed the periods of crisis (including the crises in 1998 and 2008 years in Russia, and Kazakhstan crisis in 2007).
3. Integrated Company’s Structure, includes all necessary stages of development:
4. Full cycle Project Development ( from Design till Commissioning) :
High Corporate Governance Standards
Main principles of the Company
We are opened for partnership and cooperation. The Structure of our activities is clear and the results are understandable. Our corporate structure is transparent and friendly for investors.
2. Environmental Protection
Company cares of Environmental Protection on all stages of development: using ecologically harmless materials, seeking to reduce the level of CO2( capture level), every project pays attention for creating parks and green areas.
3. Social Responsibilities
We think and care about our customers, we take part in the Cities’ social programmes, we organize sport and extracurricular activities , we involve future residents in the process of design of curtilage, using their ideas and wishes.
Russia Development Fund (controlled by Investment Management Group) invested in the Company in March 2009.
Its main Investors are: