ETALON GROUP PLC (“Etalon Group” or the “Company”), one of Russia’s largest and longest-established development and construction companies, announces the launch of sales at a new residential complex in St Petersburg. The project’s NSA is expected to be 38 ths sqm, including 32 ths sqm of residential real estate.
The new comfort-class residential complex, called Monograph, is being built in the Pushkinskiy district, near the historical suburbs of St Petersburg and major roadways. The construction site is located in an established area with extensive amenities, including schools and preschools, healthcare facilities, shops and cafes. Large shopping centres as well as Pulkovskiy Park, Dubovaya Roshcha Park and the Raisa Shtreys Public Garden are all within 3 km of the site.
The Monograph residential complex includes 747 apartments: from studios to three-room homes. Residents will enjoy the comforts of modern living thanks to well-designed, ergonomic layouts and state-of-the-art technological solutions. The ground floor of the complex will house shops, cafes and other commercial infrastructure, and the Company plans to outfit the landscaped grounds surrounding the project with modern playground equipment for children and recreation facilities for adults.
With the Kupchino metro station and Shushary railway station nearby, as well as convenient exits onto the Ring Road, the complex offers residents excellent transport accessibility. Pulkovo airport can be reached in 15 minutes by car, and the city centre is 30 minutes away.
The Company expects to complete the project in 2Q 2025.
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 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 9.2 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 2025, Etalon Group’s new contract sales totalled 671 ths sqm, or RUB 153.5 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.