MirLand Development Corporation Plc is engaged in the acquisition, development, construction, rental and sale of residential and commercial real estate in Russia. The Company operates in two segments: commercial segment and residential segment. Commercial segment leases real estate for commercial purposes. The residential segment develops real estate assets to sale for residential purposes. The Company owns approximately 15 residential and commercial projects across Russia, with a total rentable/saleable area of approximately 1,380,076 square meters upon completion. Of these, approximately six commercial projects are yielding, and the two residential projects are generating income. Its operating subsidiaries include Hydromashservice Llc, Mashinostroenie & Hydravlika Ojsc, Creativecom Llc and Petra 8 Llc.