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Tag Archives: Colliers International Georgia

Tbilisi Business Centers Pass First Classification under International Standards

Real estate international consulting companies Colliers International Georgia and Cushman&Wakefield Georgia have carried out classification of modern business centers by joint initiative. The project has covered 71% of 34 modern business centers represented on Tbilisi market (total office space of 192 000 square meters). Business centers were classified based on …

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Colliers International Georgia- Office Market Becomes Tenant Friendly

According to the 2017 Office Market Research published by Real Estate Consulting Company Colliers International Georgia, the increase in the providing of A-class offices on the market has significantly reduced the lease. Significant influence on the change in statistics was the introduction of 12,500 square meters King David Business Center. …

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Colliers International Prepares 7 Investment Proposals for Privatization Project

In agreement with the Entrepreneurship Development Agency-Enterprise Georgia under the Ministry of Economy and Sustainable Development, a global real estate services company Colliers International Georgia developed investment proposals for large state-owned properties in Georgia. The project covered seven properties at various locations including Akhtala health resort, Goderdzi mountain, Kobuleti and Libani spa resort. The project …

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In 2019 Modern Shopping Centre Floorspace will Exceed that of Bazaars

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 Enterprise Georgia. In 2017, the total volume of retail floorspace in Tbilisi, Batumi, and Kutaisi amounted to 1.42 million sq m, reflecting a 12% …

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Top Five Development Companies In Tbilisi

Tbilisi’s residential market research 2017, prepared by the global real estate service company’s local representative Colliers International Georgia and Enterprise Georgia, revealed the top five developers in the capital: The ranking was determined based on the total residential area each of them built or managed during construction since 2015. Though Dirsi has been involved in only …

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Airbnb will Compete with Small and Medium Size Hotels in 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, Property Georgia reports. 5678 apartments were listed on Airbnb from Tbilisi in 2016 while this number almost doubled in 2017 and made 9679. The market research …

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Stalinist Architectural Buildings: Report by Colliers International Georgia

Colliers International Georgia continues to publish short reports about residential projects across Georgia, today’s spotlight is Stalinist Architectural Buildings.  Stalinist Building Project Construction period: 1930-1955 Number of floors: 2 – 6 (with exception of 10) Construction material: mainly brick Ceiling height: 3, 2-4, 3 m. Elevator: none Façade: luxurious In …

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Apartments in Khrushchev Projects Hold 4% in Tbilisi

In 1947-51, the urbanization of the former Soviet Union increased the demand for building compact residential buildings in a short period of time, Colliers International Georgia publishes Statistics. In 1950, at the congress of architects in Moscow, chaired by the head of the Moscow City Party Committee Khrushchev, it was …

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Colliers International Georgia and Cushman & Wakefield Georgia Plan to Carry Out Joint Classification of Offices

Global real estate services companies Colliers International Georgia and Cushman & Wakefield Georgia plan to carry out joint classification of offices in Tbilisi, Property Georgia reports. At this stage the two companies are developing the criteria based on which modern business centres across Tbilisi will be evaluated. Within the framework of the project; the …

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