Glorax Development, a subsidiary of Glorax Group, was established in 2014. The company specializes in multifunctional development and focuses on constructing residential complexes, commercial real estate, and social infrastructure facilities. Currently, Glorax Development has a project portfolio of approximately 2.5 million square meters. The company is present in regions such as Saint Petersburg, Moscow, and the Moscow region.
The main objectives that Glorax Development specialists aim to achieve include the implementation of modern projects in the residential and commercial real estate sectors and the creation of high-quality, balanced, and market-demanded products. The company operates based on principles such as responsibility for fulfilling commitments and a strong emphasis on the quality of the final result. In 2017, Glorax Development was listed among the top 5 developers in Saint Petersburg.