Etalon Delivers Record 622 ths sqm of NSA in 2019

13 January 2020

ETALON GROUP PLC (“Etalon Group” or the “Company”), one of Russia’s largest and longest-established development and construction companies, announces that it delivered 622 ths sqm of net sellable area (“NSA”) at 21 of its residential real estate development projects in 2019.

A breakdown of deliveries by project is provided below:

Project 2019 Deliveries, NSA ths sqm
Moscow metropolitan area
Summer Garden 122
Emerald Hills 74
Silver Fountain 54
Schastye v Tushino 13
Schastye na Volgogradke 11
Schastye v Chertanovo 9
Schastye na Shodnenskoy 9
Schastye na Dmitrovke 8
Schastye v Veshnyakakh 8
Schastye v Lianozovo 8
Schastye v Tsaritsyno 7
Schastye v Olimpiyskoy Derevne 7
Schastye na Maslovke 7
Schastye na Leninskom 6
Residence on Pokrovskiy Boulevard 6
Residence on Vsevolozhskiy 4
Total, Moscow metropolitan area 353
St Petersburg
House on Blyukhera 100
Galactica 91
Morskaya Zvezda 60
Fusion 14
House on Obruchevykh Street 3
Total, St Petersburg 269
Total 622

This and other recent announcements are available on the Etalon Group website:
https://www.etalongroup.com/en/news/.

EM, IR Advisers

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 38 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 9.7 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 42 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 2025 was RUB 318 billion.

In 2025, Etalon Group’s new contract sales totalled 671 ths sqm, or RUB 153.5 billion.

The Company’s revenue in 2025 amounted to RUB 154 billion, with EBITDA of RUB 31 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.