REG - Etalon Group PLC - Etalon Launches New Phase of Domino Complex

EtalonAnnouncement

14/07/2022 07:45

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RNS Number : 4652S  Etalon Group PLC  14 July 2022

 

14 July 2022

 

Etalon Group Launches New Phase of Domino Residential Complex

 

ETALON GROUP PLC ("Etalon Group" or the "Company"), one of Russia's largest
and longest-established development and construction companies, announces the
start of sales for the latest phase of its Domino residential complex in St
Petersburg.

The new phase is a premium-class residential building with 168 apartments. The
NSA of this stage of the project is expected to be 21.5 ths sqm, including 14
ths sqm of residential and commercial real estate.

The latest phase, called Domino Premium, will feature a comfortable mid-rise
building (10-11 stories) with a wide selection of apartment layouts. Future
residents will be able to choose from both classical and open-plan layouts
combining a spacious kitchen and living room, as well as unconventional floor
plans - for example, apartments with access to a shared outdoor terrace or
apartments with a walk-in closet in the master bedroom. Thanks to high
ceilings and French balconies with floor-to-ceiling glazing, the apartments
will benefit from plenty of natural light. The building's lower floors will
house spacious recreation rooms and pram storage facilities, commercial
infrastructure as well as a communal area for residents. The private
landscaped grounds surrounding Domino Premium will be equipped with modern
children's playgrounds and sports grounds, a workout area, parking for
bicycles and quiet areas for relaxation.

The residential complex is located in a prestigious part of the Primorskiy
district - a seven-minute walk from the Chyornaya Rechka metro station. There
are nearby green areas for recreation and walks: Stroganovskiy Park and
Saltykovskiy Garden as well as the parks and palaces of Kamenniy Island. The
district offers excellent transport accessibility and well-developed
infrastructure. Ploshchad Vosstaniya and the Moscow railway station can be
reached in 16 minutes by car, while Pulkovo Airport is about 30 minutes away.
The area also offers convenient access to nearby resort suburbs.

This and other recent announcements are available on the Etalon Group website:
https://www.etalongroup.com/investor-relations/investor-news/
(https://www.etalongroup.com/ru/investoram/novosti/)

Contact information

Etalon Group

IR Team

T: +44 (0) 20 8123 1328

E: ir@etalongroup.com (mailto:ir@etalongroup.com)

EM

E: etalon@em-comms.com
(file:///C%3A/Users/zakhar.ivanov/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/TUR8B5GM/etalon@em-comms.com)

 

About Etalon Group

Founded in 1987, Etalon Group is one of the largest development and
construction companies in Russia. The Company focuses on middle class
residential real estate in the Moscow and St Petersburg metropolitan areas. In
2021, the Company began a regional expansion programme and has already
launched new projects in Omsk, the Novosibirsk region as well as Ekaterinburg
and Tyumen. With a 35-year history, Etalon Group has one of the longest and
most successful track records in the Russian real estate industry. Since its
foundation, Etalon Group has commissioned 7.9 mln sqm of real estate.

Thanks to its integrated business model, Etalon Group is able to create 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 over 4,600 people, and its nationwide sales
and marketing network covers 59 Russian cities.

Etalon Group's assets comprise 27 projects at the design and construction
stages, unsold inventory at completed residential complexes and commercial
properties, with total unsold NSA of 6.0 mln sqm, as well as a construction
and maintenance division. Colliers International valued the Company's total
assets at RUB 270 billion as of 31 December 2021.

In 2021, Etalon Group's new contract sales totalled 446 ths sqm, or RUB 84.4
billion. The Company's revenue in 2021 amounted to RUB 87.1 billion, with
EBITDA of RUB 17.9 billion.

Etalon Group's GDRs have traded on the Main Market of the London Stock
Exchange since 20 April 2011 and in the Level 1 quotation list of Moscow
Exchange since 31 January 2020 under the ticker ETLN.

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