OPIN is active in real estate development in Moscow and the Moscow Region. Our primary focus is on the development of multi-format residential communities that contain various types of real estate including single-family detached houses, townhouses, multi-storey apartment buildings as well as supporting commercial space and social infrastructure. Such communities are built in accordance with common architectural planning and design and can satisfy the needs of customers of various income-levels. With its 3 large-scale housing communities -  Pavlovo, Pestovo and Martemyanovo- OPIN has maintained leadership in this segment for many years, gaining widespread recognition and popularity in the market. We provide the highest quality of construction and market-leading levels of customer service and property management, thus creating branded real estate developments that represent an aspirational quality of life for citizens of Moscow and its Region.

Key competitive advantages: - One of the largest landlords in Moscow Region - 9-year track record - Largest developer in the Moscow Region of multi-format housing

Under our new management team, fully in place since the second quarter of 2011, OPIN is committed to continuing the development of new projects, adapting to market demand and to further enhancing the value of the OPIN brand. The Company’s sizable land bank (over 38,000 hectares) continues to be of significant importance for cost control and hedging against the current trend of increasing land prices. Our primary short-term target is to develop the existing lank bank, situated alongside major highways in the Moscow Region and in the vicinity of existing projects. In addition, the Company intends to dispose of sites that it considers non-strategic in the near term. An integral part of our strategy is to balance the volatility of the development business with rental yields from high quality commercial properties in Moscow. We strongly believe this will act as a hedge against downward market cycles. As a leader Russian real estate, OPIN will seek to leverage its track record and experience on the public market to enhance its position by creating a platform for the consolidation of real estate assets.