HALS-Development PJSC engages in the design and construction of commercial and residential real estate. Its products include office buildings, shopping centers, housing, single family houses, apartment buildings, and land development. It operates through the following business segments: Real Estate Held for Sale, Investment Property, and Hospitality. The Real Estate Held for Sale segment comprises properties ready for use by the buyer and those under the construction. The Investment Property segment is divided into under construction segment and submitted to the operating lease. The Hospitality segment includes under construction and rented apartments segment. The company was founded on January 21, 1994 and is headquartered in Moscow, Russia.