The award is given once every two years to the best modern European architecture projects, recently we often see Georgian projects in the nominations.
In his interview for Business Partner, Chela Art Space founder Kakha Kurtanidze analyzed interior design prospects in Georgia.
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 development company plans to build a new residential-commercial complex in Vake, Chavchavadze Avenue N 31, near Guramishvili Monument.
In 2020, the number of residential project transactions in Tbilisi and Batumi declined.
The development of Tbilisi suburbs is gaining momentum. New shopping malls, fitness clubs, large-scale residential complexes are actively developed at the outskirts of Georgia’s capital city.
The USA-incorporated real estate brokerage company Glint Property will be oriented on the Georgian market.
According to a study by the global real estate services company Colliers International Georgia, 3,117 transactions were registered in Tbilisi in October 2020, which is 5% less than the same period last year.