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Luxurious Nagatino i-Land to be created in Moscow for $730m

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Luxurious Nagatino i-Land to be created in Moscow for $730m

Leader Invest, a company incorporated in AFK Sistema, a Russia-based diversified investment company, intends to implement a developer’s project, Nagatino i-Land, in southern Moscow, with a total amount of investments estimated at 45,317 billion rubles ($730 million).

As Construction.RU was told today by the company’s press office, the project envisages a complex reclamation of over 30 hectares land in the industrial zone “The Western Part of Nagatinskaya Poyma”.

Approximately 1 million square meters of residential and office real estate will be developed there.

JSC Moskovsky Bisnes Inkubator, affiliated with Leader Invest, will act as a direct building developer. At present, the first stage of the development has been completed at construction sites in Nagatino.

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