Affordable housing
PIK focuses its operations on developing large residential developments, some of which are large townships integrated with social infrastructure (e.g., kindergartens, schools and sport centers).
Since foundation PIK has completed approx. 12.0 million square meters of housing (equivalent to over 195,000 units) in Russia
Key selected projects in affordable housing
| Total NSA*, sqm | 133 632 | ||
| Total NSA* (PIK Share), sqm | 88 052 | Total remaining budget, $ | 97 625 473 |
* All data as of December 31, 2011
The Property is located in the Southern Chertanovo District of Moscow. The site occupies land adjoining Varshavskoe highway (parallel road) in close proximity to the intersection with Akademika Yangelya Street. The site is located within 1 minutes’ walk of Ulitsa Akademika Yangelya metro station.
The site is located within 2 km of the Moscow Outer Ring Road (MKAD) and is conveniently accessed from Varshavskoe highway.
The residential buildings planned for construction on the land plots will be of monolithic and brick construction and panel construction. The apartments will be offered for sale in shell & core condition in line with market practice.
The project includes construction of underground and aboveground parking facilities for 876 and 887 cars respectively, of which PIK’s share is 1,234 spaces.
| Total NSA*, sqm | 131 565 | ||
| Total NSA* (PIK Share), sqm | 131 565 | Total remaining budget, $ | 249 962 793 |
* All data as of December 31, 2011
Perovskaya Street is situated in eastern Moscow’s Novogireevo district at the intersection with Novoteterki Street. To the south of the Property across the railway line is Kuskovo, a historical park with the Kustovskiye lakes. To the north west of the Property is Perovsky Park.
Access to the Property is convenient by both public and private transport. Kuskovo railway station on the Gorkovskoye line is nearby. The nearest metro stations are Perovo and Novogireyevo on the Kalininskaya line.
The preliminary project proposes the construction of eight residential buildings of P3M panel construction with underground parking and two stand alone garage buildings.
| Total NSA*, sqm | 33 018 | ||
| Total NSA* (PIK Share), sqm | 33 018 | Total remaining budget, $ | 72 313 493 |
* All data as of December 31, 2011
The Property is located in the north-eastern part of Moscow, between three metro stations: Preobrazhenskaya Ploshad, Semenovskaya and Partizanskaya.
The subject location is mainly industrial in nature; however, in recent times, obsolete industrial buildings are being replaced by new housing.
A former weaving mill is currently located on the site. PIK intends to demolish the factory and construct a residential complex on the site.
The preliminary project proposes construction of residential buildings of panel construction and underground parking with 700 spaces. The residential apartments will be delivered in shell & core condition as standard.
| Total NSA*, sqm | 169 055 | ||
| Total NSA* (PIK Share), sqm | 166 126 | Total remaining budget, $ | 334 930 282 |
* All data as of December 31, 2011
The Properties are located at Akademika Pavlova Street, at the intersection of Rublevskoe highway and Yrtsevskaya Street. Molodezhnaya metro station is located in the vicinity.
Residents of the area enjoy close proximity to Suvorovsky Park and the river Moscow, which are located on the opposite side of Rublevskoe highway to the Property’s east. A popular recreational venue for Moscow residents – the Serebryany Bor forest park – is located not far from the Property to the north. The area is well developed in terms of amenities. Access to the Property is convenient by both public and private transport.
The project represents the construction of several buildings of monolithic concrete construction complying with business and economy class residential standards. The residential properties will be delivered in shell & core condition. The buildings will be supplied with underground parking.
| Total NSA*, sqm | 130 000 | ||
| Total NSA* (PIK Share), sqm | 130 000 | Total remaining budget, $ | 223 561 988 |
* All data as of December 31, 2011
The Property is located in the southern part of Moscow, near the intersection of Varshavskoe Highway and Kirpichnye Vyemki Street. The Property has good access both by public and private transport. Annino and Ulitsa Akademika Yangelya metro stations are located within walking distance of the Property.
Bitsevsky Park is located in the vicinity of the Property, across Varshavskoe Highway.
The Property comprises a 7.37 ha land plot which is currently occupied by the former “GazStroymash” factory. The developer intends to demolish the factory and build the residential complex on the site.
| Total NSA*, sqm | 79 230 | ||
| Total NSA* (PIK Share), sqm | 79 230 | Total remaining budget, $ | 146 999 058 |
* All data as of December 31, 2011
The Property is located in the southern part of Moscow, in close proximity to Kashirskoye highway, Borisovkie Prudy and Tsaritsyno Park. The Property can be conveniently accessed by both public and private transport. Orekhovo metro station is within 15 minutes’ walk and the bus stop is within 1 minutes’ walk.
The neighbourhood is characterised by panel residential properties and developed infrastructure such as convenience stores, a furniture store, a fitness centre and other facilities.
The Property represents a 1.7 hectare land plot held for development. According PIK’s plan, 5 KOPE panel buildings and 1 monolith surface car park will be constructed on the land plot. The residential units will be delivered in shell & core condition.
| Total NSA*, sqm | 835 413 | ||
| Total NSA* (PIK Share), sqm | 831 237 | Total remaining budget, $ | 521 312 229 |
* All data as of December 31, 2011
Khimki is situated at the intersection of one of the most important transport corridors of Russia, namely the Moscow-St. Petersburg highway, the Oktyabsrkaja railway, and the Moscow River. Khimki is one of the largest satellite cities of Moscow with a population of approximately 186,000 people.
The Property is located about 4 km from the MKAD. Access to the Property is convenient by both public and private transport. The distance to the centre of Moscow via Leningradskoe highway is approximately 25 km. It takes between 30 minutes and 1.5-2 hours (during peak time) to reach the city centre. Once completed, the Property will accommodate more than 35,000 citizens.
Access to Moscow by public transport is possible by shuttle buses to the nearest metro stations (Rechnoy vokzal, Planernaya, Tushinskaya and Voikovskaya) and by rail (the nearest stations are Planernaya and Khimki, 3 km and 4 km away respectively; the total travel time to the city centre is about 1 hour).
The surrounding neighbourhood comprises mainly residential buildings. A large shopping mall, Mega, is located within walking distance of the Property. NLA of the mall is over 175,000 sq m and includes the IKEA and Auchan hypermarkets, the OBI DIY centre and the Kinostar cinema.
PIK will also build appropriate social infrastructure such as kindergartens, schools and sports centres to serve the entire neighbourhood.
The panel residential properties will be delivered in turnkey condition, monolith – in shell and core.
The commercial properties will be delivered in shell & core condition. The residential buildings will comply with economy class standards.
| Total NSA*, sqm | 1 150 357 | ||
| Total NSA* (PIK Share), sqm | 833 873 | Total remaining budget, $ | 1 471 646 464 |
* All data as of December 31, 2011
The Property is located in the city of Mytischi in the Moscow Region next to the Moscow Outer Ring
Road (MKAD). Mytischi is one of the largest satellite cities of Moscow with a population of approximately 164,000 people. Once completed, the Property will accommodate more than 45,000 citizens.
The site can be conveniently accessed by Yaroslavskoye and Ostashkovskoye highways. The journey by car to the centre of Moscow takes about 30 minutes (or up to 1.5-2.0 hours during peak time).
Access to Moscow by public transport is possible by shuttle buses to the nearest metro stations (Medvedkovo, Babushkinskaya, Altufievo) and by rail (the nearest stations are Perlovskaya and Mytischi with a total travel time of 1 hour to the city centre).
The Property is comprised of three land plots with a total area of 114.25 ha in the course of development with 58 buildings, including:
- 42 multi-story residential buildings with some commercial properties on the ground floors, totalling 1,094,555 sq m net selling area. The buildings comprise panel P3M, panel KOPE and monolith concrete structures. The residential properties of panel construction will be delivered in turnkey condition, and the monolith buildings in shell and core condition as standard. The residential buildings will comply with economy class standards.
- 14 stand alone commercial buildings with leasable areas varying from 1,000 sq m to 7,500 sq m.;
- Stand alone fitness centre of 10,000 sq m;
- Parking for approximately 10,457 cars.
| Total NSA*, sqm | 404 425 | ||
| Total NSA* (PIK Share), sqm | 404 425 | Total remaining budget, $ | 455 378 172 |
* All data as of December 31, 2011
Khimki is situated at the intersection of one of the most important transport corridors of Russia, namely the Moscow-St. Petersburg highway, the Oktyabsrkaja railway, and the Moscow River. Khimki is one of the largest satellite cities of Moscow with a population of approximately 186,000 people.
The Property is located about 1 km from the MKAD. Access to the Property is possible by both public and private transport. The distance to the centre of Moscow is approximately 20 km. It takes between 30 minutes and 1.5-2 hours (during peak time) to reach the centre by car.
Access to Moscow by public transport is possible by shuttle buses to the nearest metro stations (Rechnoy vokzal, Planernaya, Tushinskaya and Voikovskaya) and by rail (the nearest station is Levoberezhnaya, 1.5 km away; the total travel time to the city centre is 1 hour).
The surrounding neighbourhood comprises mainly residential buildings.
The Master Plan includes construction on the 55.8 ha site of 577,286.9 sq m of net selling area of apartments (of this, 8 residential buildings with 77,286.9 sq m of NSA belong to The Star of Russia micro district which is located nearby), 8 car parks with 4,960 parking spaces, 4 shopping centers of 9,705 sq m and social infrastructure.
PIK plans to construct on the sites 15 residential buildings of P3M, P11M, KOPE panel series and monolithic concrete construction, seven car parks, infrastructure facilities and 3 local shopping centers.
The residential buildings of panel construction will be delivered in turnkey condition, and the monolithic concrete buildings and commercial properties will be delivered in shell and core condition.
The residential buildings will comply with economy class standards.
| Total NSA*, sqm | 201 612 | ||
| Total NSA* (PIK Share), sqm | 140 609 | Total remaining budget, $ | 171 508 534 |
* All data as of December 31, 2011
Khimki is situated at the intersection of one of the most important transport corridors in Russia, namely the Moscow-St. Petersburg highway, the Oktyabsrkaja Railway, and the Moscow River. Khimki is one of the largest satellite cities of Moscow with a population of approximately 186,000 people.
The Property is located about 1 km from the MKAD. Access to the Property is possible by both public and private transport. The distance to the centre of Moscow is approximately 20 km. It takes between 30 minutes and 1.5-2 hours (during peak time) to reach the centre by car.
Access to Moscow by public transport is possible by shuttle buses to the nearest metro stations (Rechnoy vokzal, Planernaya, Tushinskaya and Voikovskaya) and by rail (the nearest station is Levoberezhnaya located 1.5 km away; the total travel time to the city centre is 1 hour).
The surrounding neighbourhood comprises mainly residential buildings.
The Property comprises 5 land plots totalling 7.09 ha in the course of development with a residential complex with monolith concrete buildings with built-in commercial premises on the ground floors.
| Total NSA*, sqm | 1 063 683 | ||
| Total NSA* (PIK Share), sqm | 666 252 | Total remaining budget, $ | 630 302 612 |
* All data as of December 31, 2011
Lubertsy is a medium-sized satellite city of Moscow, located 4 kilometres south-east of the Moscow Ring Road (MKAD) along Ryazanskoe highway, a 10 minute drive from the MKAD (without allowing for traffic congestion). The population of Lubertsy is about 158,000 people. The Property is located in the north-eastern part of the city, about 10-15 minutes from Lubertsy-1 railway station. Access to the Property is convenient by public transport from “Kazanskiy” railway station (25 minutes by the “Sputnik” express train), or by buses ##722 and 501 from “Vykhino” metro station (25-30 minutes).
The subject Property comprises a land plot in the course of development with a residential complex including:
- Thirty-five residential panel buildings of P-3M, P-44 types and their modifications, KOPE and KOPE-Parus; the apartments are planned for delivery in turnkey condition;
- Five detached retail and sports buildings with a Net Selling Area of about 28,770 sq m and 160 car spaces;
- Three multi-level aboveground car parks with 6,880 spaces in total.
| Total NSA*, sqm | 1 068 533 | ||
| Total NSA* (PIK Share), sqm | 1 078 800 | Total remaining budget, $ | 1 779 923 987 |
* All data as of December 31, 2011
The Property is located in the Moscow Region’s Leninsky Administrative District, in close proximity to “South Butovo” residential microdistrict, 4 km south west of the Moscow Outer Ring Road (MKAD) along Kaluzhskoye highway.
Access to the Property is convenient by public transport: by buses ## 213, 165 and 288 from “Buninskaya Alley” metro station, some 10 minutes away.
The subject land site is planned for development with a new residential complex including multistory residential buildings, schools, kindergartens, commercial premises on the ground floors of the residential buildings and stand alone retail centre.
| Total NSA*, sqm | 82 297 | ||
| Total NSA* (PIK Share), sqm | 82 170 | Total remaining budget, $ | 8 888 989 |
* All data as of December 31, 2011
The Property is located in Obninsk, Kaluga Region 100 km to the south-west of Moscow. Obninsk is one of the major Russian science cities.
The Property is located in the outskirts area of Obninsk, micro region #38. Multi-storey residential buildings with well developed infrastructure – schools, shops and number of cafés are located on the opposite side. Aboveground parking under construction is located next to subject property.
Access to the property is convenient by both public and private transport. Taking into consideration the size of Obninsk, the city centre can be easily reached within 10 minutes. There are number of buses and fixed-run taxi connecting micro region # 38 with the city centre.
The Property comprises eleven residential buildings of prefabricated monolith concrete with aboveground parking.
| Total NSA*, sqm | 171 065 | ||
| Total NSA* (PIK Share), sqm | 169 208 | Total remaining budget, $ | 145 977 458 |
* All data as of December 31, 2011
The Property is located in Obninsk, Kaluga Region 100 km to the south-west of Moscow. Obninsk is one of the major Russian science cities. The Property is located in the outskirts area of Obninsk, micro region #55. Multi-storey residential buildings with well developed infrastructure – schools, shops and number of cafés are located on the opposite side. Aboveground parking under construction is located next to subject property. In some distance from the site placed private residential houses and garden-plots.
Access to the property is convenient by both public and private transport. Taking into consideration the size of Obninsk, the city centre can be easily reached within 10 minutes. There are number of buses and fixed-run taxi connecting micro region # 55 with the city centre.
| Total NSA*, sqm | 115 724 | ||
| Total NSA* (PIK Share), sqm | 115 724 | Total remaining budget, $ | 94 167 189 |
* All data as of December 31, 2011
The Property is located in the Motovilikhinsky district of Perm on Griboedova Street. The surrounding area is mainly settled with cottages and low-rise residential buildings. Access to the Property is possible both by car and by bus. The bus stop is situated right across the street from the land plot. In the future, the city authorities plan to extend Uinskaya Street, which will provide additional transport access to the site.
The Property comprises a land plot in the course of development with 25-storey monolith buildings and 4-storey aboveground car parks formed “Griboedovsky” residential complex. Built-in commercial premises are planned on the ground floors of each building.
| Total NSA*, sqm | 278 178 | ||
| Total NSA* (PIK Share), sqm | 244 908 | Total remaining budget, $ | 216 739 126 |
* All data as of December 31, 2011
The Property is located in Voroshilovsky District, a highly developed residential district in Rostov-on-Don. The Property is to be part of the Northern residential complex, known as Nord. Access to the Property is convenient by private transport.
The Property will comprise ARKOS system multi-storey residential monolith buildings, aboveground car parks, and social infrastructure, including a mixed use leisure centre, a school and two kindergartens. The master plan also provides for the construction of an Orthodox church. The apartments will be delivered in shell and core condition and will be classified as economy class.
| Total NSA*, sqm | 423 372 | ||
| Total NSA* (PIK Share), sqm | 409 091 | Total remaining budget, $ | 309 662 450 |
* All data as of December 31, 2011
The Property is located in Frunzensky district, in microdistricts #1 and #5 in Yaroslavl. A large residential development site is located across the street from the Property and is also being developed by PIK (the buildings are at different stages of development – ranging from ground works to commissioned buildings). One side of the Property is bounded by Prospect Frunze and the other side by the railway line.
The Property enjoys good access by car and by public transport. Access to the city centre is via Prospect Frunze. The Property is 15 minutes by car from the city centre.
The land plot is flat and regularly shaped. The Property is held for the development of multi-storey residential buildings with some commercial premises on the ground floor, stand alone car-parks, and social infrastructure.
