Samolot Sells Lubertsy Project to Brusnika

Major real estate developers are actively reshaping their portfolios in the Moscow region. In a significant transaction, the Samolot Group has finalized the sale of a key residential project to a competing firm.

The deal centers on the Yegorovo Park residential complex located in the suburban area of Lubertsy. This strategic divestment marks a notable shift in the local property market dynamics.

The Samolot Group has officially transferred ownership of its construction project in the Yegorovo Park complex. The buyer in this transaction is the developer Brusnika, which has acquired the rights to develop a portion of the residential complex.

The property in question is situated in the Lubertsy district of the Moscow region. This area has been a focal point for suburban residential development in recent years.

Financial terms of the agreement have been disclosed, though estimates place the value of the deal at a substantial figure. The transaction is valued at up to 1 billion rubles, highlighting the scale of the asset transfer.

Key details of the agreement include:

• Transfer of construction rights for a specific section of Yegorovo Park
• Relocation of development responsibilities to Brusnika
• Estimated transaction value reaching 1 billion rubles
• Completion of the deal in early 2026

This sale is not an isolated event but part of a larger movement within the Russian real estate sector. Large developers across the industry are currently engaged in a process of optimizing their land banks to maximize efficiency and liquidity.

The strategy involves reviewing extensive portfolios and identifying non-core assets for divestment. By selling specific projects or land plots, companies can free up capital to reinvest in more promising or strategic developments.

For Samolot Group, this move allows for a streamlined focus on its primary assets. Conversely, for Brusnika, the acquisition represents an expansion of its footprint in the competitive suburban Moscow market.

Large developers continue to optimize their land banks.

The Lubertsy market remains a critical area for residential construction. The transfer of the Yegorovo Park project to Brusnika suggests a consolidation of development efforts in this specific location.

The acquisition by Brusnika signals a deliberate expansion strategy. By taking over the Yegorovo Park project, Brusnika gains immediate access to a partially developed site, reducing the time required to bring new housing units to market.

For the Samolot Group, the transaction provides immediate liquidity. The infusion of up to 1 billion rubles strengthens the company's balance sheet, potentially funding future ventures or debt reduction.

This transaction highlights the fluid nature of real estate development in the region. Projects often change hands as companies adjust to market conditions and regulatory environments.

Benefits for the acquiring developer, Brusnika, include:

• Expanded land bank in the Moscow region
• Accelerated project timelines
• Access to existing infrastructure
• Enhanced market presence

The sale of the Yegorovo Park segment to Brusnika is a clear indicator of the ongoing consolidation in the real estate market. As developers continue to refine their portfolios, similar transactions are likely to occur.

Market observers will be watching closely to see how Brusnika manages the newly acquired asset. The successful completion of the residential complex could set a precedent for future acquisitions in the Lubertsy area.

Ultimately, this deal underscores the importance of strategic asset management in maintaining competitiveness. The ability to adapt and optimize land banks remains a key differentiator for leading developers.