OREANDA-NEWS. July 21, 2014. LSR Group (LSE: LSRG; MICEX-RTS: LSRG), one of the leading real estate developers and building materials producers in Russia, is publishing the operating results for the first half of 2014.

In 1H 2014, in all regions of our operations we entered into new contracts for the sale of 453 th m 2 (+60%).

The total value of the contracts for the sale of apartments and other premises was RUB 38.8 bn,  up 67% against 1H 2013.

The share of mortgage contracts was 43%.

In 1H 2014, we completed 204th m2 of net sellable area (+385%).

During the reported period in all regions of our operations we started pre-sales of extra 500 th m2 of net sellable area of apartments and other premises.