1. Land plots to the northern and the western directions of Moscow
As part of its strategy OPIN continues to grow aggressively its land holdings and seeks to acquire land in large parcels as well as, in some cases, smaller parcels in prime locations as opportunities arise.
As part of the land bank expansion program in the Moscow Region in 2006 the Group agreed on the price of acquisition of 137 hectares of land near the village of Timonino and in December 2007 gained full control over the site.
In the third quarter 2006 the Group agreed the price of acquisition of 1,000 hectares of land near the Pestovo Community. In 2006 and 2007 the Group acquired approximately 352 hectares of land between 15 and 30 kilometers from the MKAD along the Dmitrovskoye Highway.
