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.
A leading developer of low-rise residential real estate in Russia’s regions
ETALON GROUP PLC, one of Russia’s largest and longest-established development and construction companies, announces that it delivered 423 ths sqm of net sellable area at its residential real estate development projects in 2017, in line with the Company’s guidance and construction programme for the year.
ETALON GROUP PUBLIC COMPANY LIMITED, one of Russia’s largest and longest-established development and construction companies, announces it has acquired the rights to a 2.7-hectare land plot in the Central administrative district of Moscow.
The updated valuation puts the open market value of Etalon Group’s portfolio at USD 1.9 bln, a 33% year-on-year increase. The open market value per share/GDR grew from USD 4.9 to USD 6.5. The Company’s landbank included 2.82 million sqm of NSA as of 31 December 2016.
<p>AVITO.ru, the largest online classifieds website in Russia, announced today that it has received $75 million in new funding from Baring Vostok Private Equity Fund IV, Accel Partners, and existing investors Kinnevik and Northzone. The new funds will be used to further fuel the company’s strong growth throughout Russia and to continue attracting world-class talent.</p>