ASSET MANAGEMENT AND REAL ESTATE PROJECT DEVELOPMENT
Land development is our key expertise
Investment management to increase the value of actives

Total area of land plots in our portfolio is around 800 ha. It includes a broad range of land plots including residential, commercial, industrial and agricultural ones.
About company
LENNORD Management Company was founded in 1998 by Valeriy Gavrilyuk, the Chairman of Thermex Corporation Board of Directors. Thermex Corporation is a leader of the local market of water heaters and as one of the leading manufacturers in the world.
LENNORD - is a developer that specializes in the land development and asset management.
The company's portfolio includes both operating industrial and office spaces, and "land bank" with total area of 800 hectares. The objects are located in St. Petersburg and Leningrad region.
Approach
We are interested in creating good places, new places, and new opportunities.
This is what we want to do - for our investors, for future residents and local communities of the territories in which we invest.
Partnership with our investors, local communities and innovative market players is one of our primary goals.
We like to implement complex and challenging projects in tight places, depressive and sometimes declining ones.
We're always looking for new architectural and urban ideas for project concept.
Passionate about distinctive and functional design, we're for smart and simple solutions.