Etalon Group Launches Sales at Its Project on Letnikovskaya Street

4 October 2021

ETALON GROUP PLC (“Etalon Group” or the “Company”), one of Russia’s largest and longest-established development and construction companies, announces that it has launched sales at its project on Letnikovskaya Street in the Central Administrative Division of Moscow.

The multifunctional business-class complex – to be called Voxhall – is located in the very centre of the capital, in close proximity to the Paveletskaya metro station. The project is expected to provide 66 ths sqm of NSA, including 57 ths sqm of residential and commercial real estate. The multifunctional complex will offer residential and non-residential apartments in a variety of layouts, including with several terraces, spacious kitchens and master bedrooms, as well as windows facing in three cardinal directions. The property will also offer excellent views thanks to its convenient location 5 kilometres from the Kremlin and near the Moscow River Embankment.

The construction site is located in the prestigious Zamoskvorechye district with its modern residential, business and entertainment infrastructure as well as nearby cultural attractions. Voxhall is in the immediate vicinity of business districts where a number of financial institutions and international companies are headquartered. Just four minutes from the residential complex, a new landscape park was laid out on Paveletskaya Square, with an underground shopping centre, fountains, landscaped green areas and an open-air amphitheatre. The first phase of the park opened in September, and the grounds are expected to be fully landscaped by the end of the year. The property offers excellent accessibility for personal and public transport. Only 350 metres away, to the north of Letnikovskaya Street, is Paveletskiy station, where Aeroexpress trains depart for Domodedovo Airport.

The Company plans to complete the project in 2025.

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.