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Treasury Holdings wins St Petersburg investor award

Irish developer Treasury Holdings has been awarded the Best Foreign Investor 2008 award for its Tsarkoye Selo Golf Club Saint-Petersburg by the City Administration of St Petersburg.

The 677-acre development, close to the grounds of the city’s The Catherine Palace, comprises a five-star hotel, golf villas, golf apartments and an 18-hole championship golf course.

Richard Barrett, founding director of Treasury Holdings said: "This is a significant achievement for Treasury Holdings. This is the very first time that a real estate company has been chosen by St.Petersburg’s City Administration in Pushkin district and we are proud to have won the award in light of the stiff competition we faced.