Real Estate

Colliers: Office Spaces in Tbilisi were More Expensive than in Eastern Europe

Prices of offices will further decline, according to the forecast by Colliers International Georgia.

Demand for Commercial Space has Dropped Dramatically in Tbilisi

The coronvirus pandemic has caused a number of changes in the real estate market. One of the major challenges facing commercial spaces is that employers are slowly leaving.

Big Deal Made on Bonds of Lisi Lake Development

A big deal was made on the bonds of "Lisi Lake Development" on the Georgian Stock Exchange.

Government Announces Auction of warranty of 100 million for Insurance of Unfinished Construction Projects

The government of Georgia has announced an auction of warranty of gel 100 million with the aim to insure unfinished construction projects, prime minister Giorgi Gakharia noted.

Balavari: Subsidization Brings Very Positive Effect

After enforcement of the state subsidization program, the sales of apartments have regained the July 2019 indicators, Beso Tavberidze, the Balavari construction company founder noted.

Price of Apartments in Tbilisi Decreased by 12% in One Month

In one month, the price of apartments in Tbilisi decreased by 12%.

$ 219,610 Traded on M² Bonds

There is a high demand for Georgian Property Management Group (m² Commercial Assets) bonds on the stock exchange. $ 219,610 was traded on the stock exchange in 2 days.

Partnership Fund to Put Up Borjomi Likani for Auction at Reduced Price

The auction of the hotel "Borjomi Likani" will be held on September 4. The Partnership Fund will put the facility up for auction for $ 30 million.

Real Estate Sales Decreased by 21% in June in Tbilisi

In June, real estate sales in Tbilisi fell by about 21%.