Market Insight

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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EIB will Fund Georgia’s Road Infrastructure with Additional EUR 250 Million

EIB will Fund Georgia’s Road Infrastructure with Additional EUR 250 Million

Maia Tskitishvili, Minister of Regional Development and Infrastructure held a meeting with Sébastien Husson de Sampigny, Regional Representation for the South Caucasus of the European Investment Bank (EIB), Deputy Head of Strategic Roads Department Liz Waidner and the representatives of the mission.

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Gebrüder Weiss Expands Logistic Terminal In Georgia

Gebrüder Weiss Expands Logistic Terminal In Georgia

Gebrüder Weiss, a large Austrian transport and logistics company, plans to invest additional EUR 2 million in the expansion of terminal infrastructure in Georgia.

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The Construction of an Internationally Important Dariali Tunnel will be Completed this Autumn

The Construction of an Internationally Important Dariali Tunnel will be Completed this Autumn

The Roads Department of the Ministry of Regional Development and Infrastructure of Georgia is building a 2km-long tunnel at the internationally important Mtskheta-Stepantsminda-Larsi road.

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Multifunctional Environment for Business Meetings - New Meeting Space in Tbilisi has been Opened

Multifunctional Environment for Business Meetings - New Meeting Space in Tbilisi has been Opened

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

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In 2019 Modern Shopping Centre Floorspace will Exceed that of Bazaars

In 2019 Modern Shopping Centre Floorspace will Exceed that of Bazaars

Retail floorspace supply accelerates and Tbilisi remains Georgia’s primary contributor,- says the report prepared by the global real estate service company’s local representation Colliers International Georgia together with Enterprise Georgia.

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Colliers International Georgia publishes a report of Airbnb activity in Tbilisi for 2017

Colliers International Georgia publishes a report of Airbnb activity in Tbilisi for 2017

According to the overview carried out by global real estate services company, the number of properties listed on Airbnb grew significantly by 70% from 5,678 in 2016 to 9,679 in 2017.

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Top 5 Development Companies In Tbilisi by Residential Area

Top 5 Development Companies In Tbilisi by Residential Area

Tbilisi’s Residential market research 2017, prepared by the global real estate service company’s local representation Colliers International Georgia together with Enterprise Georgia, revealed top 5 developers in the capital.

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ABU DHABI GLOBAL MARKET AND ANAKLIA SPECIAL ECONOMIC ZONE/CITY FORM BILATERAL COOPERATION

ABU DHABI GLOBAL MARKET AND ANAKLIA SPECIAL ECONOMIC ZONE/CITY FORM BILATERAL COOPERATION

During an official visit in UAE, First Vice PM of Georgia, Dimitri Kumsishvili attended the signing of the Memorandum of Understanding (MOU) between Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and Anaklia Special Economic Zone/City.

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 Number of Residential Properties Completed in Tbilisi in 2017 Hit Record High

Number of Residential Properties Completed in Tbilisi in 2017 Hit Record High

Tbilisi, the largest contributor of residential supply in Georgia, completed about 200 development projects in 2017, comprising 11,160 residential flats in total.

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Tbilisi’s Shift to a More Tenant-Oriented Market

Tbilisi’s Shift to a More Tenant-Oriented Market

Tbilisi is turning into a tenant-focused city. The addition of King David to the modern office stock began Tbilisi’s shift to a more tenant-oriented market and Axis Towers will only increase competition in the sector.

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Sheraton Hotel in Tbilisi will be Reopened in September

Sheraton Hotel in Tbilisi will be Reopened in September

5-star Sheraton hotel will be reopened in Tbilisi, Georgia in September, after 3-year closure.

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Delux Development is Developing 2 New Projects

Delux Development is Developing 2 New Projects

Construction-development company Delux Development is developing European standard residential buildings in Didi Digomi and Isani districts. The Eurostandard Isani project is also distinguished for its unique design.

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Airbnb will Compete with Small and Medium Size Hotels in Georgia

Airbnb will Compete with Small and Medium Size Hotels in Georgia

Airbnb, an American company which operates an online marketplace and hospitality service for people to lease or rent short-term lodging, successfully develops its business in Georgia.

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By 2021 Georgia will have 34087 Hotel Rooms

By 2021 Georgia will have 34087 Hotel Rooms

The hotel industry in Georgia comprises approximately 27,333 rooms. The total supply is expected to increase by 6,754 new rooms by 2021.

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2017 Real Estate Market overview  by Colliers International & Enterprise Georgia

2017 Real Estate Market overview by Colliers International & Enterprise Georgia

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