30 January The volume of escrow transactions in INTECO’s Moscow projects exceeded 5 billion rubles
30 January INTECO entered the top 10 most media-covered developers
24 January INTECO has launched sales of the most scenic building part of West Garden eco-project
22 January Sadovyie Kvartaly is among the top 3 residential complexes in terms of real estate sold in Moscow at year-end 2019
INTECO commissioned about 250 thousand square meters of real estate in 2019
In 2019, INTECO obtained permission to commission 246.6 thousand square meters of real estate. The total area of real estate commissioned by the company exceeded 181 thousand square meters in Moscow and 65 thousand square meters in Rostov-on-Don.
In 2018, the developer commissioned about 194 thousand square meters of real estate, i.e. by 27% less than in 2019. Noteworthy, INTECO’s portfolio includes projects with a total area exceeding 1.5 million square meters in Moscow, Rostov-on-Don and the Leningrad region.
‘The activities performed by INTECO in 2019 in its capacity of a federal developer and fee developer made it possible to improve the dynamics of real estate commissioning. In addition, last year we opened new projects in Moscow and Rostov-on-Don; it is worth noting that we sold such new projects under the amended regulatory procedure, and that over 75% of the company’s current portfolio accounts for real estate projects financed using escrow accounts,’ says Evgenii Semenov, Vice President, Head of INTECO investment and commercial cluster, ‘In 2020 the company intends to announce new projects in the Russian capital’.