Two Armenians in the Forbes’ list of “Kings of the Russian real estate 2014”
The American Forbes has published a rating list entitled “Russia’s real estate kings 2014” with 30 people. This list includes local and foreign businessmen’s names who own commercial real estate properties in Russia. The classification is written in an order of incomes that the owners of real estate businesses could earn from their properties. This list does not include incomes from other businesses. Samvel Karapetyan, head of Tashir holding, is in the second place of this list with $3.8 billion (29th place). His income from rent of properties is estimated at $960 million.
Karapetyan owns the Rio mall in Moscow (105,000 square meters), Gasoil Plaza business center (30,000 square meters), Novotel Moscow City hotel (360 suites). Generally Karapetyan’s properties include 770,000 square meters space, and 62,000 office space, and 48,000 warehouse space. His properties are located in Russia’s Moscow, St. Petersburg, Kalouga, Yaroslavl, Toula, Belgorord, Ivanovo, Vologda, Doni Rostov, Saransk, Nijni Novgorod, Oryol, Kostroma, and Sochi cities. In 2013 the volume of investments by Samvel Karapetyan’s companies amounted $910 million, 600 out of which were invested in properties in Moscow.
The report writes that Tashir group owns over 200 companies. The last place in the list is given to Daniil Khachaturov, businessman of Armenian origin. He is the head of Legion Development, and his properties are estimated at $2.4 billion (43rd place). His income from commercial property rent is estimated at $70 million. His properties include Legion III international financial corporation (77,500 square meters), Legion I business center (36,003 square meters). Khachaturov’s office space covers 111,003 square meters area, and commercial space – 2,500 square meters. His real estate properties are located in Moscow.
