Home / Real Estate (page 3)

Real Estate

Velvet September at Best Western Premier Batumi

After the sizzling Summer, the golden autumn has fallen, and for those who still have not received their necessary vitamin D, velvet September is ahead. Resting on seaside resorts in September is more comfortable and pleasant, because the resort is relatively empty, the beaches are relieved, the tourists return to …

Read More »

Adjara Group to Open Rooms Hotel at Kokhta-Mitarbi

“Adjara Group” opens 100-room hotel ”Rooms” in Spring 2019. The hotel will offer its guests a pool, restaurant, conference hall and event space. Valery Chekheria, executive director of Adjara Group, said that the construction of the hotel is in active phase. About $ 10 million will be invested in the …

Read More »

5-Meter Distance Between Multi-Storey Buildings May Be Mandatory

  The construction of a multi-storey building near the 5-meter may be prohibited. Anzor Jaiani has applied to the Parliament of Georgia with the relevant legislative initiative. The Committee on Sector Economy and Economic Policy plans to discuss the legislative proposal. The legislative proposal establishes the norms on the location …

Read More »

International Business Conference Smart Building – In Pursuit of Engineering and Technological Excellence to take place in Tbilisi

The Centre for Innovative Business Solutions (www.c4ibs.com) will hold the international business forum “Smart Building – In Pursuit of Engineering and Technological Excellence” in Tbilisi on 22 and 23 November 2018. The main event partner is Property Georgia – the number one real estate portal in Georgia (www.propertygeorgia.ge), while the event partner is the Canadian …

Read More »

No Company Shows Interest in Khrushchovkas Replacement Project

After the underground parking project, nor the Khrushchovkas replacement project has raised interest among companies. No company has participated in the interest expression announced by Tbilisi City Hall. The interest expression finished on August 15. On the mentioned project Tbilisi City Hall plans to announce new interest expression. Tbilisi City …

Read More »

M2 Acquires Land Plot for Hotel and Office Space Development

Georgia Capital PLC (the Group or Georgia Capital), announces that the Group’s hospitality &  commercial real estate business, owned through m2 (“m2 ” or the “Company”), has acquired a 4,946 sq.m. land plot in the centre of Tbilisi for a total cash consideration of US$ 5.34 million. The Company intends …

Read More »

Red-Co Continues Construction of Resort Complex in New Gudauri

In 2023 Georgia will host the international ski championship, with Gudauri as one of its main locations. In order to conduct this championship on the highest level, with a high class infrastructure, developer company Red-Co spares no effort and keeps creating a new modern ski town called New Gudauri, located …

Read More »

Tbilisi City Hall Identifies 179 Unfinished Buildings in Capital City

Tbilisi Mayor Kakha Kaladze has addressed development companies to submit offers and proposals regarding unfinished buildings and structures in Tbilisi. At today’s meeting of Tbilisi Municipality, Kaladze noted that there are 179 unfinished buildings in the capital city. “We have recently talked about incomplete buildings and structures. We have described …

Read More »

m2 Acquires Land Plot for Hotel, Office Space Development

Georgia Capital said Tuesday its hospitality & commercial real estate business, owned through m2 had acquired a 4,946 square meter land plot in the centre of Tbilisi for $5.34m. The company said it would use the land for a four-star business class hotel development, with a focus on business travellers. …

Read More »