Glorax Development in TOP 5 developers of Saint-Petersburg in terms of new construction


Global Development company, the member of Andrey Birzhin’s Glorax Group, at the end of 2017 entered TOP 5 developers of Saint-Petersburg in terms of new construction. Doubling the figures, the developer demonstrated one of the best results among companies in the region. The total investment portfolio over the past year increased to 2.5 million sq. m.

The company demonstrates consistently high results and dynamic growth rates. Today, every 20th new apartment in the city is represented by Glorax Development and this is not the limit,” — said Andrey Birzhin.

In 2017 Global Development brought more than 200,000 sq. m. to the market, including residential and commercial buildings. These are such large-scale projects as LCD Golden City, “First Quarter” and “Second quarter” of Ligovsky City complex, the 3rd stage of LCD “English mile”. 4140 apartments offered by Glorax Development make up 5% of the total market of new buildings in Saint-Petersburg.