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

Property Georgia Asian Development Bank (ADB) will finance the second phase of water supply project in Gudauri-construction of wastewater and sewage systems. Verner Liepach, Director General of Central and West...

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

Property Georgia 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),...

Gebrüder Weiss Expands Logistic Terminal In Georgia

Property 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, Wolfram Senger Weiss, the...

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

Property Georgia 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. The construction is taking...

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.

In 2019 Modern Shopping Centre Floorspace will Exceed that of Bazaars

Property Georgia 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...

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

Property Georgia EXCLUSIVE 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...

Top 5 Development Companies In Tbilisi by Residential Area

Property Georgia 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...

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

Property Georgia 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),...

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

Property Georgia Tbilisi, the largest contributor of residential supply in Georgia, completed about 200 development projects in 2017, comprising 11,160 residential flats in total. According to market research prepared by...

Tbilisi’s Shift to a More Tenant-Oriented Market

Property Georgia 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...

Sheraton Hotel in Tbilisi will be Reopened in September

Property Georgia 5-star Sheraton hotel will be reopened in Tbilisi, Georgia in September, after 3-year closure. Minister of Economy of Georgia, Dimitri Kumsishvili, discussed the hotel opening issue during a...

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. "We care about...

Airbnb will Compete with Small and Medium Size Hotels in Georgia

Property 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. 5678 apartments...

By 2021 Georgia will have 34087 Hotel Rooms

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

2017 Real Estate Market overview by Colliers International & Enterprise Georgia

Please find publication on Georgian Language For reports click: Real Estate Market overview 2017

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