Real Estate

Real Estate Market in Batumi Increased to $45 Million in October

Although the bulk of the transactions come from new flats, the annual growth rate is for old flats and the new flats are reduced.

ADB Signed $10 Million Loan to Develop Affordable and Sustainable Residential Housing

The Asian Development Bank (ADB) and Optima LLC have signed a $10 million loan to develop affordable and sustainable residential housing developments in Georgia’s capital, Tbilisi.

Property Prices Increased by 12.2% Compared to Previous Year in Tbilisi

TBC Capital has published a monthly survey of the Tbilisi housing market. The report analyzes the trends of market growth and decline and these data are compared with the previous year.

Georgian Stock Exchange Sells M2 Bonds Worth $117,947

Deals worth $117,947 were made on M2 company bonds at Georgian Stock Exchange (GSE).

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