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PMD Group reveals plans for reconstruction of housing estate in Baku

Business Materials 24 September 2019 15:38 (UTC +04:00)

Baku, Azerbaijan, Sept. 24

By Matanat Nasibova - Trend:

The PMD Group company, specializing in asset management, real estate investments and property administration, has completed over 15 percent of the work on reconstruction of a major object in Baku, a source in the company told Trend.

The work includes reconstruction of Nizami Plaza, located in the Yasamal district of Baku, according to the source.

“This is a multi-storey office-type building, which is being reconstructed into a housing estate,” the source added. “We plan to commission the object by the end of next year.”

The company is also involved in the construction and reconstruction of several small objects located in Baku.

The PMD Group company has been operating in Azerbaijan since 2013.

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