OREANDA-NEWS. October 12, 2009. Sistema-Hals (HALS), a leading diversified company in the Russian and CIS real estate market, today announces that it completed the new business class residential complex Emerald Valley at 111A, Rublevskoye Highway, Moscow.

The 23-storey building with a total area of 25,935 square metres contains 108 apartments of 80-175 square metres in size. There is a two-storey underground car parking area with 134 spaces in the residential complex. A children's playground and sports ground for residents is built on the adjacent land. The area of Emerald Valley is contiguous with Serebryany Bor forestry.

The construction began in Q4 2006 and reached completion in Q3 2009. As of today all the apartments in the complex have been sold.

Emerald Valley at Rublevskoye Highway is the third business class residential complex built by Kuntsevo Invest, a subsidiary of Sistema-Hals Group, under Kuntsevo district reconstruction program. Today under this program Kuntsevo Invest has completed already about 100 thousand square metres of commercial residential buildings and about 50 thousand square metres of municipal residential buildings.

Sistema-Hals plans that the next commercial project will be a residential complex with variable number of stores (up to 31 stores). The complex with a total area of 58,404 square metres will also include non-residential spaces and a four-storey underground car parking area with 320 spaces at the following address - 28A/2, Elninskaya Street, Moscow.

Kuntsevo is one of Moscow 's prestigious districts, which is known for its clean environment and favourable wind diagram. The district is well located due to extended infrastructure, including shopping centres (Auchan and Tramplin), the CartLand family entertainment centre, the Cosmic bowling club, and numerous restaurants and shops. Kuntsevo is home to more than 30 private schools and nurseries. Convenient transport links make for a short journey both to the centre of Moscow and to routes leading out of town.