Etalon Group
One of Russia’s leading residential real estate developers with a focus on St. Petersburg, north-west Russia, and Moscow
Projects
Baring Vostok’s funds have also invested in companies operating in other interesting sectors of the economy, such as construction materials, residential real estate development, and others. Since 1996, Baring Vostok funds have invested over $300 million in six companies.
- Location:
- Saint Petersburg, Russia
- Year of initial investments:
- 2008
- Shareholding:
- Minority
- Exit:
- IPO at LSE
In spring 2011, Etalon shares were listed officially on London Stock Exchange.
Etalon Group is a leader in the residential construction sector in the north-west of Russia. Etalon is focused on large-scale residential complexes, targeting the lower middle class and upper economy class price segments. The Company holds firmly 10% of the market in the St. Petersburg Metropolitan Area and rapidly increasing its share in the Moscow Metropolitan Area.
Other projects
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Ecodolie
A leading developer of low-rise residential real estate in Russia’s regions -
Проект завершенSpasskcement
Association of cement producers in the Far East. Fully exited in 2007