The Russian real estate market is not in good shape. Demand for commercial real estate is reduced, and tenants prefer to save money and take class B office space instead of the prestigious A-class. Some renters thought about changing their occupation, and are slowly selling real estate.
However, there are those who have things going uphill. The list of such "kings" of domestic real estate was compiled by Forbes magazine. Participants are ranked according to income from real estate received in 2017.
10. Integrated investments
The largest creditors of the company are one of the most reliable banks in Russia - Sberbank, VTB and Russian Agricultural Bank.
In 2017, the long-standing and important asset of Integrated Investments - Gorbushkin Dvor - passed into the hands of the “pharmaceutical king” Viktor Kharitonin. Thanks to the deal, the Khotin family became richer by half a billion dollars.
9. The Absolute
The owner of Absolute Alexander Svetakov also owns the insurer Absolute Insurance and Northeast Company. Most Russians see its products on holidays, when they buy a jar of red caviar.
As for the real estate business, then things at Absolut are doing superbly. Last year, the landowner made a deal with Metro Cash & Carry to sell a plot of land in the town of Pushkino near Moscow. A new wholesale center will be built there. The amount prescribed in the contract was not disclosed, according to experts, it amounted to at least 300 million rubles.
8. GK Regions
The group of companies, owned by Amirkhan Mori and Amiran and Alikhan Mutsoev, conducts two important construction projects in Moscow.
One of them is the country's first indoor theme theme park called “Island of Dreams”. As the mayor of the capital, Sergei Sobyanin, said, “Island of Dreams” will become the largest indoor amusement park not only in Russia but throughout the world. The park, designed in the form of a fairytale castle, will be divided into ten thematic zones, where there will be entertainment for both children and their parents. The volume of investments in the "Dream Island" amounted to one and a half billion dollars.
The same parks are planned to be built in St. Petersburg and Yekaterinburg, while both projects are at the design stage.
The second project is a shopping center (142.5 thousand square meters) and a residential complex (78.7 thousand square meters) near Preobrazhenskaya Square.
And the Regions Group of Companies will act as an investor and developer of the highest Ferris wheel in Russia and Europe. The attraction will be at VDNH, and its height will be 140 meters. For comparison: the height of the largest Russian Ferris wheel of the already built is 83 meters.
7. KR Properties
In 2016, a company owned by Alexander Klyachin was ready to conclude a deal for $ 655 million in the sale of space in the Krasnaya Roza business quarter with the largest Russian search engine. But Yandex changed its mind, and the sale did not take place.
However, KR Properties is doing well without this. European hotels brought her over 24.5 million euros in revenue for the year.
6. O1 Properties
The main beneficiary of this investment company is billionaire Boris Mints. O1 Properties is engaged only in Moscow office real estate, and only premium objects.
Last year, Otkritie FC Bank acquired some of the bonds placed by O1 Group shortly before its reorganization. He and O1 Group early terminated four loan agreements and eight credit lines. However, subsequently, FC Otkritie appealed to the court to challenge the transaction. The Bank considered that due to the “coordinated actions of the defendants” it had lost security in the amount of over 30 billion rubles.
5. Crocus groups
In 2017, a Russian holding owned by Araz Agalarov immediately opened two real estate properties - “Your house Kuntsevo” (35 thousand square meters) and “Vegas Kuntsevo” (288 thousand square meters).
For 2018 and next years, the Crocus Group has big plans: the holding is working on the construction of the 118-kilometer section of the Central Ring Road in the Moscow Region and is creating a two-way line automobile bridge project that runs across the Moskva River and overlooks Volokolamsk Highway. The construction of the section of the Central Ring Road is planned to be completed by the World Cup.
4. Safmar
Due to its wide field of activity, this industrial and financial group is one of the largest employers in Russia. About 50 thousand people work at its enterprises.
The agreement on the transfer of "Safmar" about 120 thousand km. m. of land for lease to Gazprombank became one of the largest transactions in the Russian office market last year. Estimated annual rental amount will be from 402 to 540 million rubles.
3. Tashir
One of the leaders of Russian commercial real estate has nothing to do with the crisis. While others were selling their assets, Tashir opened 6 retail stores under the One Way brand in Yerevan. And by 2020, plans to complete the construction of a long-distance bus station in Moscow. It will be located near the Seligerskaya metro station.
2. IKEA Mos
On the second line in the list of the richest property owners in Russia in 2018 is the representative of the IKEA Centers group. This group is among the top 5 largest European retail real estate developers.
In 2022, IKEA hypermarket will be built in Tyumen. So far, there are 14 stores under the IKEA brand in Russia.
1. Kievskaya square
The undisputed leader among players in the Russian real estate market according to Forbes. The main income of the company comes from the hotel business and the rental of retail space. Perhaps the markets known to every Muscovite: "The Gardener", "Moscow" and "Food City" belong to "Kiev Square".
Recently, the company bought a plot in Khimki, there will be built agrocluster Food City 2. The hotel grounds of Kievskaya Square are expanding, including a hotel on Novy Arbat and a hotel complex in the historic Moscow district of Zaryadye.
In addition, the company intends to spend about $ 400 million on the reconstruction of the Olimpiysky sports complex.
