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Tag Archives: real estate

New Safety Regulations – Higher Real Estate Prices?

A part of developers states that the mentioned regulations have increased construction costs. Tornike Abuladze, Arci development company executive director and Georgian Developers Association representative, explained that introduction and enactment of this 600-page document is a right decision, despite a certain part of materials may rise in value. «This 600-page …

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Leading Construction Developer Alliance Group Received International Arch of Europe Award

Leading Construction Developer Alliance Group Received International Arch of Europe Award

Alliance Group, the leading Georgian construction developer, known for bringing world-renowned international brands in Georgia’s real estate market, received another global recognition-the International Arch of Europe (IAE) Award for Quality and Technology in the GOLD category. “All projects by Alliance Group meet European standards. Our partners are world-known international companies. …

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FINTAX – We Create Your Success!

Business Services in One Package. Business success is expressed in financial indicators. Efficient financial management depend on factors that are to increase the company welfare and capital. These factors are as follows: Business planning Analysis of current activity; Evaluation of Financial Indicators, Determination of risks, Steps for boosting revenues. Optimization …

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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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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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Georgia’s Real Estate Market Rose by 20.2% in 2016

The fourth report has been published as part of Real Estate Laboratory (REM Lab), a joint project of TBC Bank, ISET research institute and JumpStart. In 2016 Georgia’s real estate market recorded a significant upturn (up 20.2% year on year) and the number of transactions marked 89 120 units. Tbilisi …

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Prices of Office Spaces in Tbilisi – Most Prestigious and Expensive Business Centers

Cushman & Wakefield Georgia, a real estate consulting company, has published an office market report on recent trends and outlook estimations. Economic activity still remains fragile, but stabilization signs have appeared. According to the report, Parliamentary elections have brought uncertain environment and affected market creditworthiness and expectations. Number of employees …

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