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Etalon ups sales in 2018

Rafał Ostrowski 21 January 2019

Rafał Ostrowski

Journalist

+48 22 356 25 11
rafal.ostrowski@eurobuildcee.com

Rafał Ostrowski has over 17 years’ experience as a journalist. Before joining ‘Eurobuild CEE’ five years ago, he wrote for Wydawnictwo Murator and Shopping Centre Magazine, as well as for retailnet.pl. He has also written for many newspapers and magazines as a freelancer and prepared photo-reportages. Rafał graduated from the University of Warsaw in philosophy. He also completed postgraduate studies in text editing. For ‘Eurobuild CEE’ he covers most real estate sectors, including logistics, construction, office, residential and retail. He is also in charge of the film direction for Eurobuild TV.

RUSSIA Etalon sold 12,312 apartments in 2018 up 24 pct y-o-y.

“I am pleased that Etalon Group has set new records for its key operating figures in 2018. New contract sales came to 628,000 sqm and RUB 68.7 bln, with the figures representing y-o-y increases of 23 pct and 37 pct respectively This outperforms both our initial sales targets for the year as well as our upgraded outlook from the end of the third quarter,” said Viacheslav Zarenkov the chairman of the board at Etalon.

“These impressive results give us full confidence that, in the current climate of changing regulations, we at Etalon Group will be able to further increase our market share in the key regions where we operate and consolidate Russia’s residential real estate market as smaller and less-successful players are forced to leave,” he added.


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