Tashir Group is a large Russian holding company founded in 1990 that operates in various industries including finance, construction, and commercial real estate development and management. It has a real estate portfolio of over 4.4 million square meters, including 1.75 million square meters of operational space. Tashir Group plans to open 11 new projects in 2012 totaling over 600,000 square meters, including nine shopping centers and two hotels. It generates revenue primarily from rental income and has traditionally maintained low debt levels.