Forbes magazine on its website on Thursday, January 23, published a rating called “Kings of Russian Real Estate – 2020”. The list includes companies with the largest rental income.
The rating is headed by “Kievskaya Ploschad” of God Nisanov and Zarakh Iliev, which has been the unchanging leader for many years. In 2019, the company’s rental income amounted to $1.6 billion. The largest objects of Kievskaya Ploshchad are the Food City agricultural cluster, Evropeisky shopping and entertainment center, and the Radisson Collection Ukraine hotel.
Next comes the Tashir group of Samvel Karapetyan with $655 million last year. The largest facilities are Rio on Dmitrovskoye Shosse, Europark and Novotel Moscow City.
In third place is the Safmar group of Mikhail and Sait-Salam Gutseriev, which earned $580 million. The group also owns the Moscow Marriot Grand Hotel and the Kaleidoscope shopping center.
The top 5 is closed by Ingka Centers, which received $510 million, and Alexander Klyachin’s investment company Gleden Invest, whose rental income is estimated at $380 million.
In total, the list includes 30 companies, both Russian and foreign. When compiling the rating, only real estate located on the territory of the Russian Federation was taken into account.
Earlier in December, Forbes named the richest Russian billionaires for 2019. The top three included Norilsk Nickel CEO Vladimir Potanin, Novatek CEO Leonid Mikhelson and Lukoil President Vagit Alekperov. The publication also learned that two dollar billionaires appeared in Russia.