PJSC OPIN announces H1 2015 sales results
21 October 2015

PJSC OPIN

H1 2015 SALES RESULTS IN KEY PROJECTS

Highlights:

  • For the H1 2015 the Company signed 451 contracts all totaling RUB 4,275 mln, mainly in line with last year's results accounted for RUB 4,523 mln in H1 2014. Out of total contracted revenue Pavlovo 2 brought RUB 114 mln, Pestovo RUB 638 mln, Martemyanovo RUB 0 mln, Pestovo Life RUB 38 mln, Vesna RUB 1,006 mln, Park Rublevo RUB 2,141 mln and Pavlovsky Kvartal RUB 338 mln.

  • Considerable share of contracted revenue accounts for multi-apartment residential complexes (82%), as Company has shifted its focus from high-budget individual housing to high demand mass-market segment.

  • Share of mortgage contracts was 26% in revenue structure.

  • Share of contracts with deferred payment terms (max within 1 year) was 10%.

  • Total cash collected was RUB 4,261 mln.

  • Average prices per sq. m were: Park Rublevo RUB 264.2 K for class A and RUB 180.2 K for class B, Vesna RUB 75.4 K, Pavlovsky kvartal RUB 74.0 K.

Project

Total signed in H1 2015, units

Contracted revenue for H1 2015, RUB mln

Cash collected in H1 2015, RUB mln

Pavlovo 2

3

114

120

Pestovo

18

638

420

Pestovo Life

8

38

50

Martemyanovo

0

0

9

Vesna

269

1,006

1,164

Park Rublevo

69

2,141

2,180

Pavlovsky Kvartal

84

338

318

Total

451

4,275

4,261

AboutOPIN

Established in 2002, PJSC OPIN is one of the leading real estate development companies operating in Russia.

OPIN's mission is to build unique real estate in attractive developments that enhances the lives of residents of Moscow and the Moscow Region. Taking forward its recognised track record in the development of residential and commercial real estate, OPIN focuses on the delivery of modern multi-format, high quality housing communities with a wide social and supporting commercial infrastructure. The Company always adheres to OPIN standards and aims to provide its customers of various income levels real estate of European quality.

The Company's majority shareholder is ONEXIM HOLDINGS LIMITED, a major private investment group in the CIS region with a diversified portfolio of assets in mining, real estate, financial services, media, energy production and high-tech.

Further details can be found on the OPIN website at www.opin.ru

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