We are one of the leading residential developers in Russia, with a concentration in Moscow and the Moscow region and other Russia’s regions.
We focus our operations on developing large residential developments, some of which are large townships integrated with social infrastructure (e.g., kindergartens, schools and sport centers). Since its foundation in 1994, PIK has completed over 10.0 million square meters of housing, equivalent to over 170,000 units.
We are one of the few vertically integrated developers in Russia, which allows us to manage and control many of the most important steps in the development and sale of our projects. Our principal activity is the development, construction and sale of residential properties targeted primarily at the middle income housing market in Russia.
PIK’s core activity is the development and sale of residential real estate in Russia with a focus on mass-market neighborhood centers for raising middle class families. In addition to real estate development, the Group is engaged in the production and assembly of pre-fabricated mass-market housing, facility management of finished apartments and production of construction materials including aggregates. The Group also has a facility management company, which services and maintains its finished apartments.