Forbes: Samvel Karapetyan's Tashir is one of three leaders in Kings of Russian Real Estate rating

YEREVAN, January 28. /ARKA/. The leaders of the Russian real estate market lost 24% of their revenues in 2020 year-on-year, TASS reported referring to the 'Kings of Russian Real Estate' rating published by Forbes magazine on Thursday.

The rating includes 30 Russian and foreign companies that own commercial real estate in Russia. Forbes calculated shopping center revenues based on leased space.

According to Forbes, the drop in income is due, among other things, to the fact that shopping centers have not worked for several months, and hotel occupancy reached a minimum.

The first place in the rating for several years in a row has been taken by the group of companies "Kievskaya Ploschad" owned by God Nisanov and Zakhar Iliev. The company is one of the largest owners of commercial real estate in Russia and includes such projects as the Yevropeyskiy shopping and entertainment center, Food City agro cluster, Depo Lesnaya gastronomic play and the Nagatinskaya transport hub. The company's rental income was $1.28 bln in 2020, according to Forbes.

In second place in the ranking is Samvel Karapetyan's Tashir group, whose rental income, according to the newspaper, in 2020 amounted to $585 mln. Tashir unites more than 200 companies in various sectors of the economy, including construction, manufacturing, financial and energy industries, development, retail and entertainment.

In 2020, Tashir opened three facilities: the Kvartal West multifunctional complex in Moscow (140,000 sq. m), the Family Room furniture center in Archangelsk and the SK Plaza shopping and office center in Kaluga

In third place is the Safmar group owned by Mikhail and Sait-Salam Gutseriev with an annual rental income of $460 mln. The largest locations of the group are the Moscow Marriott Grand Hotel and the Kaleidoscope shopping center. -0-