Etalon Group Delivers Summer Garden Residential Complex

10 August 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 delivered the last phase of its Summer Garden residential complex, located near Dmitrovskoye Shosse in the northern administrative district of Moscow. This phase includes two two-section high-rise buildings, a shopping centre and underground parking. The total NSA delivered is 87.2 ths sqm, including 74.4 ths sqm of residential and commercial space.

With the delivery of the final phase, the Company has completed the Summer Garden project, which includes eleven buildings, as well as commercial and social infrastructure. The total NSA of the project is 278 ths sqm. The residential complex is in a picturesque location near Angarskie Prudy Park, Dmitrovskiy Park and the Veteran Recreational Park. Summer Garden is easily accessible from Yakhromskiy Proezd and Dmitrovskoye Shosse. The complex is located 1.5 km from the Seligerskaya metro station and 150 m from the future Yakhromskaya metro station.

With the completion of the Summer Garden project, Etalon Group has delivered 108 ths sqm year-to-date.

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 9.2 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.