PIK has sold to Krasnodar company Dogma two sites in Moscow, on which in total more than 200 thousand square meters of housing could be built. Deal could have amounted to ₽12-13 billion.

PIK's IFRS net profit for 6 months of 2024 amounted to ₽40.81 billion, up 46.3% from ₽27.89 billion in the previous year. Revenue declined 0.1% to ₽264.76 billion against ₽264.9 billion a year earlier.

PIK's RAS net profit for 6 months of 2024 amounted to ₽2.65 billion, down 16 times from ₽43.52 billion in the previous year. Revenue declined 63.2% to ₽20.27 billion against ₽55.03 billion a year earlier.

Moscow will stop building studios and apartments with an area of less than 28 square meters. m, follows from the information letter of Moskomexpertiza, which is available to the RIA Real Estate agency. The document states that the Housing Code of the Russian Federation does not include a studio as a type of residential premises, and, according to the rules o...