March 5, 2018 / 7:47 AM / 4 months ago

BRIEF-Russia's Etalon to launch up to 700,000 sqm of NSA in 2018​

March 5 (Reuters) - Russian homebuilder Etalon Group Plc said on Monday:

* The company plans to launch up to 700,000 square metres of net saleable area (NSA) in 2018.

* Etalon Group expects that declining mortgage rates and government programmes would give the firm an opportunity to increase its market shares in Moscow and St Petersburg, Viacheslav Zarenkov, the firm’s president, said.​ Source text for Eikon: Further company coverage: (Reporting by Moscow Newsroom)

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