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Tag Archives: Bezhan Tsakadze

4-Star Hotel to Open in Vani in 2019

GDG Group construction company plans to open a new hotel in Vani in 2019, the company director Bezhan Tsakadze told BM.GE. At this stage, the company has finished a construction of the first floor and a swimming pool and the construction works are being continued, he said. The 4-star hotel …

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GDG to Build Hotel at Kutaisi Airport

GDG construction company cannot launch hotel construction works at Kutaisi Airport because of bureaucratic barriers. The company director Bezhan Tsakadze told BM.Ge that the foundation works started in summer 2018, but the company is still waiting for decision from Ministry of Justice for revision of the land plot status to …

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G&G Group to Build Two Hotels in Tbilisi

G&G Group plans to build two hotels in Tbilisi. The company founder Bezhan Tsakadze told Commersant radio station that the company will receive due permits from Tbilisi City Hall in late February and the company will launch construction works. Medium-class hotel will be constructed on Saburtalo, while top-class hotel will …

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Construction Companies Complain About Difficulties With Financing

Construction Companies Complain About Difficulties With Financing

As is known, the Georgian construction business isfocused on short-term projects – that is, the construction of houses and their quick sale, while almost no one is engaged in a long-term development – the construction for the purpose of renting the apartments. Most developers interviewed by Commersant say that the …

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Real Estate Sales Surge

Development companies prove that real estate sales are growing. Representatives of development companies assert that in the previous year, when the national currency rate collapsed, they started sales of apartments in GEL or in fixed exchange rate. In that period, sales strategy revision brought certain results. It turned out that …

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