Real estate sales by developer APRI for 9 months of 2024 amounted to ₽13.45 billion, up 31% year-on-year. In volume terms, the figure rose 6% to 115,300 square meters. Share of mortgage transactions decreased by 26.4 p.p. to 63.6%.

APRI's Board of Directors early terminated the powers of Evgeny Kozlov, CEO of the company, and elected Sergey Shal to this position. He joined APRI in 2024 as Managing Director. Prior to that, Mr. Shal worked in the government of the Chelyabinsk Region, holding the position of Deputy Governor of the region.

APRI's IFRS net profit for 6 months of 2024 amounted to ₽1.32 billion, up 2.5 times from ₽0.52 billion in the previous year. Revenue increased more than 100-fold to ₽9.59 billion versus ₽0.085 billion a year earlier.

Developer APRI acquired a land plot of over 38 hectares for residential construction in the Leningrad Region bordering the Peterhof district of St. Petersburg. Master plan of the land plot development envisages construction of a low-rise residential neighborhood of 150,000 sq. m. in Scandinavian style. Concept of building comfortable low-rise towns with 15-m...