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Etalon plans new housing in St Petersburg, Moscow

28 June 2011, 07:10 PM

LSE-listed Etalon has acquired a 2.1 ha. land plot in the Moskovsky district of St Petersburg in Russia on which it plans to develop a new 50,000 sq.m. mass-market residential neighbourhood. It is the second new project Etalon has added to its development pipeline since its April IPO on the London Stock Exchange. The first is in Moscow.


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