New representative office in Dubai - York Towers' new journey to success | Property Georgia

New representative office in Dubai - York Towers' new journey to success

Even though we can carry out desired transactions from any point in the world and buy and sell various real or movable properties, human relations are still the most crucial factor. Especially when it comes to significant investments and real estate. Some users are not uncomfortable with remote relationships; on the contrary, it's convenient and even comfortable for them, although face-to-face communication still plays a crucial role for some of them.

York Holding Group is an innovative and dynamic company. For them, customer care and satisfaction are the priority. In the company, they create an environment where it will be easier for users to make a choice and start investing. The opening of representative offices in other countries makes a significant contribution.

YHG recently opened a branch in  Dubai, which allows it to attract more investments and implement innovative projects. At this stage, the holding operates on three continents, in eight countries and, apart from Tbilisi and Batumi, manages nine representative offices.

For foreign investors, the new representative offices will make real estate acquisition, various legal procedures, signing the power of attorneys and contracts, bank transactions, and direct consultation with a lawyer much more accessible.

This location was selected based on market challenges and demand. It should be noted that the interest in real estate and investments in Georgia has significantly increased, substantially strengthening Georgia's economy. At the same time, this issue has a decisive impact on the current post-pandemic business environment. "This is the best way to target larger-scale projects and employ more people," company representatives say.

As of 2021, foreign investments in real estate accounted for 9% of total FDI. In the first two quarters of 2022, there was a 38% increase in foreign direct investment in the real estate sector.

In 6 years, YHG has already implemented 20 projects, has more than 1000 satisfied customers, about 450 employees and has invested 200 million dollars in the Georgian economy. These processes have a positive impact on the economy of Georgia and the development of the real estate market.


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