Market Insight

22 Chavchavadze Avenue – New Showroom by Lisi Development and Kokhta Mitarbi

22 Chavchavadze Avenue – New Showroom by Lisi Development and Kokhta Mitarbi

Lisi Development and the Kokhta Mitarbi resort have opened a new sales office on 22 Ilia Chavchavadze Avenue. Prospective customers now have the opportunity to view the apartment interior and materials.

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Real Estate Market Trends

Real Estate Market Trends

New real estate market research results have been published on the back of regular market studies that have been jointly conducted by TBC Bank, ISET Policy Institute and JumpStart for the Real Estate Market Laboratory (REM Lab).

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Regus to Open a New Office in Georgia

Regus to Open a New Office in Georgia

The global office services leader Regus has delivered a positive assessment of its first year of operations in Georgia, and is set to open a new business centre in BCV on Vazha-Pshavela Avenue. This will be the company’s second office in Tbilisi after 1 Tabidze Street. The company’s regional manager in Georgia, Rusudan Chakvetadze, spoke to Property Georgia about the development of the local market.

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Seven New Hospitality Projects in New Gudauri

Seven New Hospitality Projects in New Gudauri

Many people already know that a new, modern skiing village is being built in Gudauri, 120 km away from Tbilisi, at an altitude of 2196 m above sea level. Development firm Red-Co became interested in developing Gudauri back in 2012. Having purchased a 50 ha plot of land in the resort, the company devised a plan for regulating the development process, and has followed it step by step ever since then

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Radisson Collection Welcomes Georgia’s Historic Tsinandali Estate

Radisson Collection Welcomes Georgia’s Historic Tsinandali Estate

Radisson Hotel Group is excited to announce the signing of the first Radisson Collection hotel in Eastern Europe and Russia. The Tsinandali Estate, A Radisson Collection Hotel will open its doors in October 2018 in the iconic wine region of Kakheti, Georgia.

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Property Travel: A New Undertaking by Property Georgia and Duda Travel

Property Travel: A New Undertaking by Property Georgia and Duda Travel

The real estate hub Property Georgia and travel agency Duda Travel have established Property Travel - a new platform for investors and tourist groups.

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Residential Flats Transaction Volume Increased by 41% in Tbilisi

Residential Flats Transaction Volume Increased by 41% in Tbilisi

According to a snapshot carried out by global real estate services company residential flats transactions increased by 37% in Tbilisi in the first quarter of 2018 (Q1, 2018) compared to the same period in 2017.

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Take Back Your Streets - Dirsi Joins Campaign

Take Back Your Streets - Dirsi Joins Campaign

The article by is only accessible in Georgian language. Please follow the link to see original body.

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Hospitality Leaders Les Roches Launch their Program in Georgia

Hospitality Leaders Les Roches Launch their Program in Georgia

Les Roches of Switzerland – one of the world’s preeminent schools of tourism and hospitality – is due to start operating in Georgia. The program will be jointly implemented by the Georgian School of Management and the Business and Technology University.

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New Regulation on Real Estate Valuation 

New Regulation on Real Estate Valuation 

A new regulation regarding real estate valuation will come into force on 1 June. The decree onReal Estate Valuation Instructions for Commercial Bankswas approved by the President of the National Bank of Georgia on 14 May. The project, which was initiated in January 2017, involved commercial banks, representatives from international valuation companies, as well as an independent expert.

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Colliers International Georgia prepared seven real estate investment proposals to support the process of privatization of state-owned properties. 

Colliers International Georgia prepared seven real estate investment proposals to support the process of privatization of state-owned properties. 

In agreement with the Entrepreneurship Development Agency -Enterprise Georgia under the Ministry of Economy and Sustainable Development, a global real estate services company Colliers International Georgia developed investment proposals for large state-owned properties in Georgia.

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First Aircraft Parts Factory in Caucasus Opened in Georgia

First Aircraft Parts Factory in Caucasus Opened in Georgia

ATC (Aero-Structure Technologies Cyclone), the first aircraft factory in Caucasus was opened in Georgia today. A new Georgian factory, which is a Georgian-Israeli company, will produce civil aircraft parts for Boeing, Airbus and Bombardier passenger planes.

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700 Million EUR Investment in a Tbilisi Sea City

700 Million EUR Investment in a Tbilisi Sea City

Eco Green City has started a new phase of the project implementation. David Saganelidze, Executive Director of Partnership Fund and Nodar Giorgadze, founder of Gino Group signed several documents.

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Bringing Manhattan in Tbilisi Gardens

Bringing Manhattan in Tbilisi Gardens

Vincente Wolf, Interior Designer: “you’re living in a garden and not in an apartment building on the street.”

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How Safety Norms Are Controlled in Construction

How Safety Norms Are Controlled in Construction

Property Georgia interviewed Roma Bedoshvili, Head of Project and Building Consultancy Department, Colliers International Georgia.

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ADB will Finance the Construction of Wastewater and Sewage Systems in Gudauri

ADB will Finance the Construction of Wastewater and Sewage Systems in Gudauri

Asian Development Bank (ADB) will finance the second phase of water supply project in Gudauri-construction of wastewater and sewage systems.

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