LSR has sold 4.7 hectares of land on Perevoznaya Street near Admiralty Shipyards in St. Petersburg. LSR bought this site for no more than ₽2.5 billion, while the sale price could have been ₽7.5-8 billion, Rusland SP partner Dmitry Lekhmus suggests. A representative of LSR did not disclose the amount of the deal, noting that in the current economic situation it is more efficient to sell some plots rather than to put them into business turnover in order to improve the balance of assets.