HALS-Development is a real estate investment group based in the Russian Federation Co. is engaged in real estate development, primarily focused on the “Class A” and “Class B” buildings of the Moscow office market, shopping centers, high-end housing, single family houses, apartment buildings and land development. Co.'s principal activities are: Sales of completed development projects, both commercial and residential, as well as the sale of land plots; Rental income from completed development projects; and Revenue from room charges and other hotel services. Co.'s operations are conducted primarily in Moscow, the Moscow Region, the Nizhniy Novgorod region, Sochi, Kiev and Saint-Petersburg.
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