ETALON GROUP PLC (“Etalon Group” or the “Company”), one of Russia’s largest development and construction companies, announces that it has received a construction permit and begun sales at its MariInn Park residential complex in Moscow.
The MariInn Park residential complex consists of two buildings – of 17 and 5 storeys – with underground parking and private grounds. Designed to meet premium-class standards, the complex features a variety of apartments, including penthouses with terraces on the top floors, while all the necessary infrastructure and amenities are located within easy reach.
What distinguishes this project is its location just five minutes from Maryina Roshcha. Situated in a quiet central area, just 10 minutes from the Garden Ring, the complex promises residents a comfortable living environment.
The MariInn Park residential complex is expected to offer 10 ths sqm of residential space. This kind of infill development reduces the amount of investment needed at the initial stage of construction, ensuring faster delivery and sales.
This unique new project in Moscow will diversify the Company’s project portfolio and support sales in the current environment, as the premium and business segments are typically less reliant on mortgages. Notably, these segments accounted for 60% of the Company’s sales in monetary terms in 3Q 2024.
This and other recent announcements are available on the Etalon Group website:
https://www.etalongroup.com/en/news/.
IR Team
About Etalon Group
Founded in 1987, today Etalon Group is one of the leading nationwide players in Russia’s development and housing construction sector. The Company develops real estate projects for the middle class in Moscow, the Moscow region and St Petersburg. The Company has been actively developing in eight regions across Russia since 2021, with large-scale projects under way in Omsk, the Novosibirsk region, Ekaterinburg, Tyumen and Kazan. With 37 years of successful operations and ongoing regional expansion, the Company remains one of the largest players in the Russian real estate market. Since its foundation, Etalon Group has delivered 9.2 mln sqm of real estate.
Thanks to its integrated business model, Etalon Group creates added value for customers and shareholders at every stage of development, from land plot analysis and acquisition to the operation and maintenance of existing properties. Etalon Group employs more than 6,000 people.
Etalon Group’s total assets comprise 27 projects under development, unsold inventory at completed residential complexes and commercial properties, with total unsold NSA of 5.5 million sqm, as well as a construction and maintenance division. According to Nikoliers, the value of Etalon Group assets as of 31 December 2024 was RUB 305 billion.
In 2024, Etalon Group’s new contract sales totalled 699 ths sqm, or RUB 146.2 billion.
The Company’s revenue in 2024 amounted to RUB 131 billion, with EBITDA of RUB 27.6 billion.
Etalon Group shares are traded on the Moscow Exchange (ticker ETLN) and have been included in the Level 2 quotation list since September 2025.