Tashir Group continues to expand its regional presence with a new RIO Shopping Centre just opened in Kostroma, the 19th of the chain. The new conceptual RIO is located at the main thoroughfare of the city and consists of both retail units and entertainment areas. The total amount of Tashir investment was about USD 80 mln.

September 19, Tashir Group will celebrate the official opening of the new shopping and entertainment centre Raikin Plaza within the Raikin Center of Culture, Art and Leisure. The project brokerage took place during construction; thanks to that, by the technical commissioning date, 95% spaces had signed tenant contracts, and by the grand opening, vacancy was no more than 15%.

According to the recently published Commercial Real Estate Companies Rating 2013, Tashir is the Number One developer in Russia in the area of retail property. The rating is based on 2012 year-end data of leading developers.

Tashir Group has started reconcepting its RIO Mall located in Moscow at 10 Sevastopolsky Avenue. Until end of 2013, about 30 to 40 per cent of tenants will change and the mall interiors will be improved.

The annual CRE St. Petersburg & Federal Awards 2013 – the most highly anticipated event for commercial real estate in Russia – focused on honouring the best property meeting contemporary standards of development. RIO Shopping Centre in St Petersburg, owned by Tashir Group, was named the best shopping centre within the Mid-Range category.

This June 21, a new RIO shopping and entertainment centre was commissioned at 109 Leninsky Avenue, Moscow. With 75K sq m GBA, the official opening is scheduled for late August, 2013. Tashir Group is the project investor and consultant.

The 10th anniversary award ceremony organised by the Russian Council of Shopping Centres was held to honour the leaders of retail property in 2013. The event attracted representatives of leading Russian and international companies operating in the areas of property development, management, consulting, and architecture.

According to Kommersant newspaper, Tashir Group is the most active retail property developer in Russia: in 2012, Tashir opened six shopping centres totalling 360 thousand square metres with an additional nine properties to be opened by 2013.

On December 1, 2012, a new RIO was ceremoniously opened in Nizhny Novgorod. The new RIO with 100,000 sq.m. GBA presented over 137 shops within its shopping gallery and became the city’s first retail complex to gather all entertainment types together.

This November 24, the opening ceremony of a new shopping and entertainment mall RIO with 20,000 sq.m. GBA was held in the centre of Saransk. 100% of its tenants were already operating. Tashir Group has invested a total of 35M USD in the project.