Forbes named the largest developers in Russia

Forbes published a list of the largest developers in Russia in the February issue of its Russian edition. The ranking was made in accordance with the annual rental income that properties owned by a particular company are capable of generating.

The first place in the ranking was taken by the Swedish IKEA. The total area of ​​the Mega shopping centers that the company is building and opening in Russia is currently 1.3 million square meters. meters. In addition, IKEA entered into office real estate in Moscow, opening the first of six buildings in the Khimki business park.

IKEA's income is estimated by the publication at $1.188 billion. In 2007, the Swedish furniture company was also named Russia's largest developer in the retail real estate segment, writes Lenta.ru .

Second place was taken by Zarakh Iliev’s business group “Safra Instruments” with an income of $604 million. The company is the owner of the "Ukraine" hotel, the "Moscow" and "European" shopping complexes.

In third place was the Turkish Enka, whose income from real estate is estimated at $517 million.

In addition, the top ten also included the Crocus group of companies of Aras Agalarov, the BIN group of Mikhail Gutseriev, Adamant, ALM-Development, Promsvyaznedvizhimost, Forum Properties and Manezhnaya Ploshchad.