Today Glorax Development is celebrating its fifth birthday. These were 5 years of continuous growth and new victories: the beginning of the implementation of large-scale and landmark projects in different segments of housing, the introduction of the first residential complexes in operation, the entry to the capital market and numerous prizes in Russian and international awards.
Over the past period, the company has become the market leader, entering the TOP-5 largest developers of St. Petersburg and the TOP-3 leaders in terms of sales in the business class segment in the Northern capital. Glorax Development has gained the reputation of a reliable and progressive developer, bringing new trends in architecture and construction to the market. The developer raised a high bar in his industry and annually confirms it, receiving high expert ratings and positive customer feedback.
“We do not stand still, we constantly have new, larger and more ambitious tasks and projects. This year we have entered the capital market and will soon be ready to announce the launch of several new projects. Five years is quite a short period for business, but even during this period, the company Glorax Development has done almost impossible – has become the leader in its industry, brought out projects that became significant for St. Petersburg, and introduced new architectural trends to the market. I am convinced that we are waiting for significant achievements and development in many areas,” – the head of Glorax Group, Andrei Birzhin, congratulated the company.
This year it is planned to introduce a record number of residential and commercial areas – about 260 thousand sq. m. The assets of Glorax Development include significant areas of the land bank, which makes it possible to set long-term goals and introduce a high-quality and demanded product in the housing market.