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Real Estate

The Urgent Need for Retail Planning Policy in Tbilisi

Tbilisi Mall

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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Understanding the Real Estate Index

Real Estate Index

Real Estate Market Lab (REM Lab) is a joint project of TBC Bank, ISET Research Institute and JumpStart. The goal of the project is to research and analyze the Georgian Real Estate Market on a regular basis. Three publications have already been published as part of the project three publications. …

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GDG: Real Estate will Rise in Value

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Development sector has staged sharp criticism because of introduction of advancement payment of VAT tax. Only these changes cannot improve the current situation in the development sector and new regulations will bring negative effect. Prime cost of real estate spaces will grow because of this regulation. GDG development company director …

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Development Business – Positive and Problematic Year of 2016

Development business

The year of 2016 has brought quite positive results for Georgian development business. Despite GEL depreciation created certain problems, the field representatives appraise the current year as a quite attractive and active period in terms of sales and many other aspects. Though, there were a lot of problems too, but …

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Gifts you Need the Most for Christmas from Arakishvili Residence

Arakishvili Residence

Buy an Apartment and We will Accomplish It with Premium Class Equipment, besides You will Enjoy New Year Discount Schemes. Arakishvili Residence complex offers gifts and discount schemes for the coming New Year. Customers, who will buy an apartment in the complex, will receive a full set of premium-class German …

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LISI Development Recognized as Best Residential Complex in Georgia

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LISI Development company has obtained two awards at International Property Awards in 2016. The company has gained victory in the following nominations:  Highly commended – 1) Mixed use Development Georgia and 2) Highly commended – Residential Development Georgia Lisi Tower. International Property Awards was founded 20 years ago and it …

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Which Streets Were Most Popular Ones in Tbilisi in October?

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Tbilisi real property market slowed down, but with 3 199 market transactions recorded in October 2016, it remains much more active as compared to October 2015. During the last 10 months (January-October, 2016) 605 new buildings with total area of 1 202 828 sq.m have been supplied to the real …

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