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King David Residences Creates 5-Star Lifestyle

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King David creates a five star lifestyle within exceptionally elegant residential and business towers with beautifully designed amenity spaces organized enticingly as multistory urban resort and exclusive collection of specially-designed services. The first Condominium-type multifunctional complex strategically located on a hill overlooking the Queen Tamar Bridge, next to Heroes Square …

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Bank of Georgia Subsidiary M2 Killing Competition in Development Business

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The issue of ownership of noncore assets by commercial banks maintains relevance. Besides Georgia, many other countries have been monitoring involvement of commercial banks in various noncore activities for many years. These countries have set various restrictions. Thus, this issue is relevant in   many other countries, not only in Georgia. …

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Georgia’s Real Estate Market Rose by 20.2% in 2016

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The fourth report has been published as part of Real Estate Laboratory (REM Lab), a joint project of TBC Bank, ISET research institute and JumpStart. In 2016 Georgia’s real estate market recorded a significant upturn (up 20.2% year on year) and the number of transactions marked 89 120 units. Tbilisi …

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Blockchain Demands the Renewal of Real Estate Extract

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It is necessary to renew the extract to record real estate information in Blockchain. According to the agency of public register, recording information about real estate in Blockchain global network started on 20th of February and it is important for more security of the information, where deleting data, changing it and …

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Colliers International Georgia to Hold Meetings to Attract Finance

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Colliers International Georgia will hold meetings with funds, financial institutions and developers to attract finance. MIPM, the largest and the most significant exhibition of International Real Estate will take place in Cannes, France from 14 till 17th of March. It will gather the most influential players of expo industry, developers, experts …

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Prices of Office Spaces in Tbilisi – Most Prestigious and Expensive Business Centers

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Cushman & Wakefield Georgia, a real estate consulting company, has published an office market report on recent trends and outlook estimations. Economic activity still remains fragile, but stabilization signs have appeared. According to the report, Parliamentary elections have brought uncertain environment and affected market creditworthiness and expectations. Number of employees …

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L.S.A Company Buys Real Estate in Tbilisi at 2.4 million GEL

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One of the companies of Jimi Chkhaidze, the founder of Askaneli Brothers company, has bought a real estate in Tbilisi by auction. The real estate is located at Sandro Euli Street N7 and it unites 1925 square meter and 2604 square meter land plots. GreenLand company has bought the real …

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The Urgent Need for Retail Planning Policy in Tbilisi

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The retail sector in Tbilisi is entering a period of unprecedented dynamics. The long-awaited entry of H&M, the recently announced closure of Smart supermarkets and an increasing number of modern shopping centre projects are among the most significant events. On the demand-side, a recent survey by Colliers revealed a shift …

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Real Estate on Rustaveli Avenue Goes for 2.31 million GEL

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 State Property National Agency has sold a real estate on Rustaveli Avenue in Tbilisi. The property located at N28 Rustaveli Avenue was sold by auction for 2.310 million GEL. The real estate of 729 square meter space is located opposite to State Opera. As reported, earlier the highest stage of …

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