Glorax Development in the top three most demanded business class developers in St. Petersburg

Portal spb.urbanus on the basis of Rosreestr data on the cost-sharing arrangements with apartments and suites registered in 2018 has identified the top ten most demanded developers of St. Petersburg. The Glorax Development Company, a part of the Glorax Group, has become the second largest company in the terms of purchasing activity in business class.

In the primary market of the Northern capital, the bulk of demand – more than 47 thousand transactions falls on the top ten largest developers. The majority of the rating participants have high sales figures due to the presence of a flagship project with a large number of transactions and several medium and small residential complexes. The exception was the company Glorax Development, which captures uniformly high demand in the three large residential complexes of Ligovsky City, Golden City and “English Mile”.

The projects of Glorax Development in a short period of time became significant for St. Petersburg and have earned the trust of customers through a comprehensive approach in creating a comfortable urban environment, unique architecture and compliance with international quality standards.