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Etalon Launches New Phase of Domino Complex

14 Jul 2022 07:45

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/

Contact information

Etalon Group

IR Team

T: +44 (0) 20 8123 1328

E: ir@etalongroup.com

EM

E: 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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MSCEAKXLFDKAEEA
Date   Source Headline
3rd Apr 20207:30 amRNSEtalon Group Named Systemically Important Company
2nd Apr 20207:30 amRNSEtalon Delivers 89 ths sqm at Normandy Project
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17th Mar 20204:35 pmRNSPrice Monitoring Extension
13th Mar 20204:41 pmRNSSecond Price Monitoring Extn
13th Mar 20204:35 pmRNSPrice Monitoring Extension
10th Mar 20207:30 amRNSEtalon Group 2019 Assets Value Reaches RUB 188 bln
3rd Mar 20207:30 amRNSEtalon GDRs to be Added to MOEX Broad Market Index
21st Feb 20207:30 amRNSEtalon Group Announces Management Change
3rd Feb 20207:30 amRNSEtalon Group GDRs Start Trading on Moscow Exchange
31st Jan 20207:30 amRNSEtalon GDRs Admitted to Trading on Moscow Exchange
27th Jan 20207:30 amRNSEtalon Group Board of Directors Meeting Results
20th Jan 20207:45 amRNSEtalon Group Applies for Moscow Exchange Listing
20th Jan 20207:30 amRNSEtalon Group Reports FY 2019 Operating Results
17th Jan 20207:30 amRNSEtalon Group FY and 4Q 2019 Operating Results Date
13th Jan 20207:30 amRNSEtalon Delivers Record 622 ths sqm of NSA in 2019
24th Dec 20197:30 amRNSEtalon Group delivers Fusion project
19th Dec 201911:00 amRNSResult of Extraordinary General Meeting
18th Dec 20197:30 amRNSEtalon Group Publishes December 2019 Visual Update
25th Nov 20197:30 amRNSEtalon Group Launches Sales at Nagatino i-Land
21st Nov 20197:30 amRNSEtalon Group Named as Top-50 Employer in Russia
20th Nov 20198:00 amRNSEtalon Group PLC Notification of EGM
18th Nov 20197:30 amRNSEtalon Group Launches New Phase at Galactica
15th Nov 20197:30 amRNSEtalon Group Delivers Schastye na Volgogradke
6th Nov 20197:30 amRNSEtalon Group Delivers Schastye v Lianozovo
5th Nov 20197:30 amRNSEtalon Group Delivers Schastye na Maslovke
16th Oct 20197:30 amRNSEtalon Group 9M and 3Q 2019 Operating Results
15th Oct 20193:30 pmRNSEtalon Launches Project on Chernigovskaya Street
14th Oct 20197:30 amRNSEtalon Group 3Q and 9M 2019 Operating Results Date
7th Oct 201912:02 pmRNSPrice Monitoring Extension
30th Sep 20198:00 amRNSEtalon Group Reports 1H 2019 IFRS Results
30th Sep 20197:30 amRNSEtalon Group Board of Directors Meeting Results
27th Sep 20197:30 amRNSEtalon Launches Sales at Schastye na Lomonosovskom
26th Sep 20197:30 amRNSEtalon Group 1H 2019 Financial Results Date
18th Sep 20197:30 amRNSEtalon Group Pays Final Dividend for 2018
30th Aug 20197:30 amRNSEtalon Group PDMR Announcement
16th Aug 20197:30 amRNSEtalon completes acquisition of Leader-Invest
12th Aug 20197:45 amRNSEtalon signs agreement to buy 49% of Leader-Invest
2nd Aug 20192:00 pmRNSResult of Annual General Meeting
30th Jul 20195:10 pmRNSEtalon Group to Consolidate 100% of Leader-Invest
17th Jul 20197:30 amRNSEtalon Group 1H and 2Q 2019 Operating Results
15th Jul 20197:30 amRNSEtalon Group 1H and 2Q 2019 Operating Results Date
10th Jul 20198:00 amRNSEtalon Group PLC Notification of AGM
8th Jul 20197:30 amRNSEtalon Named Developer of the Year at Urban Awards
24th Jun 20195:00 pmRNSEtalon Gains Control of ZIL-Yug Project
21st Jun 20197:30 amRNSEtalon Group Delivers Schastye v Tsaritsyno
19th Jun 20197:30 amRNSEtalon Group Publishes June 2019 Visual Update
10th Jun 20197:30 amRNSEtalon Delivers 64 ths sqm of NSA at Emerald Hills
4th Jun 20197:30 amRNSEtalon Delivers Schastye v Olimpiyskoy Derevne
31st May 20197:30 amRNSEtalon Group Delivers Schastye na Leninskom

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