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Real Estate

French District to Open on 30 000 Square Meter Space in Tbilisi

French District will be built on a 30 000 square meter space in Tbilisi. The project is being implemented by Unix Development company. The complex will be built on Kerchi Street and it will comprise parking zone, yard, recreational zone, sports playgrounds, outdoor cafes, kindergarten and so on. “This is …

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Property Georgia becomes an official representative of FONTANA GRANDE in Georgia

Property Georgia becomes an official representative of FONTANA GRANDE in Georgia

FONTANA GRANDE, world-Class Italian Architectural design and consultancy company, is launching a representation in Georgia. Renowned Italian brand with over 20 years of experience, launches official partnership with Property Georgia, number one Georgian property guide portal www.propertygeorgia.ge. FONTANA GRANDE has earned trust of many of clients through the consolidated relations …

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Alliance Palace Qualifies Third Place at Foreign Real Estate Awards

Multifunctional real estate development Alliance Palace (Batumi, Georgia) represented by “S.A. Ricci residential real estate” qualified for the Top-3 short-list in the “Foreign Real Estate” category in Recordi Awards (Russia). Leaving behind over 20 competitors, the project joins 2 other developments after popular vote and the jury vote. Alliance Palace …

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King David Launched New Mortgage Product with Bank of Georgia

On May 15, 2017, the Austrian company “Rezid Holding GMBH” and the Bank of Georgia signed memorandum of cooperation on the multi functional complex “King David.” The new conditions of cooperation under this agreement make it more convenient to purchase a premium class residence in the skyscraper. In frames of …

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These Are The Countries Where Georgian Government Owns Real Estate

Under the Government’s new initiative, National Agency of Public Registry (NAPR)  will launch registration of  real estate rights outside of Georgia. Georgia’s state rights on real estate outside of Georgia will be registered on systematical basis and the due information will be placed on NAPR official website in electronic format. …

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King David Residences Creates 5-Star Lifestyle

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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