Absolute Group Investment Group
Owners:
Welfare of NPF
History
2022: Opening a credit line from Sberbank for 72.9 billion rubles.
On December 26, 2022, Sberbank announced the opening of a credit line for 72.9 billion rubles to the 4th quarter of 2026 for the construction of the Luzhniki Collection multifunctional complex. The facility is located in the metropolitan area of Khamovniki, next to the sports and leisure infrastructure of the Luzhniki Park and the embankment of the Moscow River.
The total area of houses is 267 thousand square meters. Parking lots are provided in the underground part. The developer also plans to build office buildings with a total area of 57.3 thousand sq.m. on the territory of the IFC under construction. Shops and various service enterprises will open in built-in and attached premises. Commissioning of residential buildings is planned in the 4th quarter of 2026. Financing is carried out using the escrow mechanism.
 | Sberbank actively finances residential development projects in all regions of the country, and the escrow mechanism ensures reliable protection of investments of participants in shared construction. Our cooperation improves the economy of such projects, allows Sberbank partners to dynamically increase the volume of residential real estate under construction and not depend on the pace of apartment sales, said Vyacheslav Tsybulnikov, Vice President of Sberbank - Chairman of the Moscow Bank.
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