Real Estate

Colliers: In May, Apartment Transactions in Tbilisi Declined by 25% compared to 2019

Recov.ge website that was specially designed by Colliers International for real estate market reporting, has updated data on sales of residential apartments in Tbilisi

FIABCI-Georgia Elects Lika Kardava As President

The general assembly of FIABCI-Georgia has elected Lika Kardava as the new President of the national chapter. She will lead FIABCI-Georgia for the next two years.

Cheapest and Most Expensive Neighborhoods in Tbilisi to Buy a House

The residential real estate price index rose by 2% in the first quarter of 2021 compared to the previous quarter. The index grew at a rate of 13.6 percent per year.

Georgian NOA Studio Project Nominated for Mies Van der Rohe Prize

The award is given once every two years to the best modern European architecture projects, recently we often see Georgian projects in the nominations.

Hyatt Centric Enters Georgia

Hyatt announced plans for Hyatt Centric Boulevard Batumi in Georgia.

Interior Designer Kakha Kurtanidze: 70% of Orders are Made by Emigrants

In his interview for Business Partner, Chela Art Space founder Kakha Kurtanidze analyzed interior design prospects in Georgia.

Demand for Land Plots in Suburbs of Tbilisi is Growing

According to the report of the real estate consulting company Cushman & Wakefield, in 2020 there was a tendency to purchase land plots near Tbilisi and near Mtskheta, which may continue in 2021.

DOMUS to Build New Residential-Commercial Complex on Chavchavadze Avenue

DOMUS development company plans to build a new residential-commercial complex in Vake, Chavchavadze Avenue N 31, near Guramishvili Monument.

Subsidization Program Grows New Apartments Market in Tbilisi by 13%

In 2020, the number of residential project transactions in Tbilisi and Batumi declined.