JSC m² Real Estate was established by JSC Bank of Georgia in 2006. Driven by a team of highly qualified professionals, JSC m² Real Estate is a significant player in the real estate market in Georgia.
Key business directions:
• Real estate development.
• Property management.
At various times, shareholders of m² Real Estate were the emerging markets investment funds with a combined investment of more than $10 million in JSC m² Real Estate.
At present, JSC m² Real Estate is a wholly owned subsidiary of BGEO Group Plc.
As of today, m2 Real Estate has 4 current projects - m2 at Hippodrome 2, m2 at Tamarashvili, Optima Isani and Skyline Residence.
In September 2014, company has announced the launch of its new affordable housing product line, Optima, and started development of Optima Isani - its first project in this category. Similar projects are planned in different neighborhoods of Tbilisi.
Company has 3 product lines: standard line, luxury line and affordable housing line – Optima.
TERMS OF IN-HOUSE FINANCING FROM THE DEVELOPER:
Annual interest rate - 0%
Minimum downpayment - 30%
Term– until the project completion
Collateral – apartment to be purchased
Mortgage loan conditions differ according to the bank’s current terms.