Demand for Plot of Lands Increased in Tbilisi and Surrounding Areas During Pandemic
Although the Coronavirus pandemic has had a significant negative impact on various sectors, demand for purchasing land plots has increased.
Forecasting Real Estate Prices of Georgia
In 2020, sales of apartments in Georgia will be reduced by about 30%. This is stated in the study of TBC Capital "Impact of COVID-19 on the Georgian economy."
Construction of Hotel at Kutaisi Airport Resumed and Planned to Open by the End of the Year
It is planned to open a hotel under construction by GDG + at Kutaisi International Airport at the end of the year.
Cushman & Wakefield: Apartment Prices are Expected to Drop by 15-20%
Apartment prices are expected to decline by 15%-20%, the resident real estate market survey by Cushman & Wakefield consulting company reads.
Silk Road Group has Attracted 15 million Euros to Arrange the Telegraph Building
Foreign investment of 15 million euros will be spent on the first innovative hotel of "Green Architecture" standards in Tbilisi.
Apartment Sales Drop by 37.6% amid State of Emergency
Apartment sales have shrunk by 37.6% after announcement of the state of emergency, the Galt-&Taggart report reads.
Price of Square Meter of Apartments in Tbilisi, due to Districts
How much does the square meter of an apartment cost in Tbilisi, due to Districts and how have these prices changed in the first quarter?
Post-pandemic Transformation of Public Spaces and Buildings - Mamuka Salukvadze's opinions
After the pandemic, life will change. New inventions and standards should ensure that life is safe and enjoyable for people and profitable for business.
Impact of COVID-19 on the Hospitality Industry - Cushman & Wakefield Shares Report
At the end of March 2020, the weekly hotel load in Georgia decreased by 86% compared to the same period in 2019, according to a report by Cushman & Wakefield, a real estate market consulting firm.
