UNR Holdings, Inc. (OTCQB: UNRH), today announced that its Russian operating subsidiary, 494 UNR, a leading commercial and residential real estate developer and construction contractor, operating principally in the city of Moscow and its suburban communities, has begun the sale of parking spaces in Phase 11 of its Nemchinovka Development, which is located in close proximity to the city of Moscow.
There are spaces available for nearly 300 automobiles. They range in size from 159 sq. feet to 213 sq. feet, with the selling prices ranging from US$21,700 to US$24,400 per parking space.
494 UNR expects gross revenue of nearly US$7,000,000 from the sale of parking spaces in the Nemchinovka Development, Phase 11.
About UNR Holdings, Inc.
UNR Holdings is a U.S. corporation with a 68% controlling interest in its Russian operating subsidiary, 494 UNR. 494 UNR is a diverse development and construction company with many years of success serving the greater Moscow area. The company specializes in general and infrastructure construction services, such as designing and building multi-story apartment buildings for middle and upper middle class families, office buildings, highways and bridges. It also produces and supplies a patented road-base and slope-stabilizing infrastructure construction material.
While 494 UNR is involved in complex construction projects, it also assists the Russian government with infrastructure projects for oil and gas corporations, such as GAZPROM and TRANSNEFT. 494 UNR is one of the oldest and most established construction companies located and operating in the greater Moscow area, which now encompasses over 950 square miles. More detailed information about company projects is available at the UNR Holdings, Inc. corporate website: http://www.unrholdings.com.
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SOURCE UNR Holdings, Inc.