ETALON GROUP PLC (“Etalon Group” or the “Company”), one of Russia’s largest development and construction companies, is preparing to launch a new nationwide brand in the premium segment of residential, office and resort real estate.
The premium-class segment demonstrated robust growth in 2024, with demand increasing by 54% in monetary terms and by 11% in terms of floor space. The average price per square metre rose 38%. A key factor supporting the segment is its low reliance on mortgage financing, which reduces its exposure to demand fluctuations in a volatile market.
Entering this new segment is in line with Etalon Group’s development strategy, which is aimed at sustaining high growth rates by focusing on the most resilient segments. The success of this strategy can be seen in the Company’s strong double-digit growth in sales and revenue in 2024, accumulation of a land bank for premium projects, and expertise in designing and delivering high-end projects.
Etalon Group’s flagship premium project is the LDM residential complex, on Pesochnaya Embankment in St Petersburg, which was launched in April 2024 and was the best-selling project in its class in Russia’s Northern Capital in the first two months of 2025.
In the long term, Etalon Group also plans to develop both Russian and international resort projects under the AURIX brand.
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.