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Tag Archives: m2

M2 Presented New Hotel – Ramada Kutaisi Project

On November 22, at 13:00 in Kutaisi, the company “m² real estate” has introduced a new hotel project. m² is going to enter the franchise agreement with the hotel “Ramada Kutaisi” branded with the largest hotel “Wyndham Hotel Group”. “Ramada” is the brand of the largest international operator “Wyndham Hotel …

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M² Real Estate Presented New hotel Concept in Telavi

On 21 November at 16:00 Company “m² Real Estate” presented the concept of a new hotel project in Telavi. The event was held at Telavi Vazha Pshavela State Drama Theater (Erekle II Ave. 7). The presentation was attended by m² partner organizations, local and central government representatives and media. A …

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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 …

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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. …

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2000 Electric Cars are Registered in Georgia

Driving electric car is getting more and more popular in Georgia, figures show that there are 2000 registered cars at this stage in Georgia. Turkey where population exceeds 80 million has the same amount of registered electric vehicles. According to the representative of m2 Davit Gorgiladze, around 52 battery chargers …

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M2 First Rugby Festival held at Lelo Arena

Company ”m2 Real Estate” held children’s rugby  festival at Lelo Arena. 8 teams comprising 11-12 year old rugby players participated in the festival. Among them were “Lelo”, “Academy”, “Armazi” “Kharebi”, “Tbilisi”, “Tsikara” and “Tigers”. The winner of the festival was “Lelo”. Company M2 started to support Georgian rugby club since …

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Company M2 Real Estate Purchased Hotel in Gudauri

 Company “m2 Real Estate” announces the purchase of the hotel in the winter resort Gudauri. M2 invested 7.2 million USD for total operation. ”BK Construction” will carry out 134-room hotel construction. According to plan, hotel will host first guests at the beginning of winter season of current year. The development …

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m2 May Complete Unfinished Development Projects of Center-Point

m2 Real Estate and Center-Point company have signed a preliminary agreement, under which if Center-Point fulfills certain terms within 6 months, M2 will launch construction works in unfinished complexes of Center Point and complete the works in 3 years. According to m2 plan, if the agreement conditions are fulfilled, m2 …

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