Etalon Group commissions 330 thousand sq m in 2011

25.01.2012

In 2011, Etalon Group commissioned nine buildings across three regions, creating a total of 329.8 thousand square meters of residential and commercial space, which is equal to NSA 328.4 thousand square meters.

In St. Petersburg, the group commissioned seven buildings, totaling 231.1 thousand square meters. The breakdown according to project is as follows:

Talisman residential estate (27.06.2011) – 15 016.9 sq m

Jubilee Quarter residential estate q. 78A, bld. 6 (30.06.2011) – 70 570.9 sq m

Jubilee Quarter residential estate q. 78A, bld. 7 (30.06.2011) – 34 659.8 sq m

Jubilee Quarter residential estate q. 78А, bld. 4 (30.11.2011) – 33 085.3 sq m

Center of Social Services (22.07.2011) – 572.2 sq m

Technopark business centre (25.11.2011) – 1 491.3 sq m

Orbit residential estate, (30.11.2011) bld. 1 – 75 664.6 sq m

The overall commissioning in St. Petersburg for 2011 reached 2,705,726.3 square meters, including 231 newly-constructed buildings with a total area of 2,601,945.7 square meters, bringing Etalon Group’s market share in St. Petersburg to 8.54% for 2011.

Additional buildings were also completed in the Kaliningrad region’s Gusev city (House at the Town Hall – 6,368.2 sq m), and Moscow region’s Krasnogorsk city (Residential complex “Emerald Hills”, bld. 9 – 92 389.3 sq m).

Detailed information for all commissioned buildings is available at LenSpetsSMU’s financial web-site.


CONTACT DETAILS:

Elena Kazakova, Head of Public Relations

tel. (812) 348-21-25, e-mail: Elena.Kazakova@etalongroup.com

Viktor Vasenev, Ag. CFO

tel. (812) 348-09-95, e-mail: Viktor.Vasenev@etalongroup.com