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Tag Archives: Development Sector

What is Happening in the Development Business of Georgia?

Investors Find Georgia’s Development sector Very Attractive Over the past period, scales of construction works are evidently growing in Georgia, especially in Tbilisi. Foreign investors find Georgian development market more and more attractive. Today, various development projects are being implemented in Tbilisi districts. Besides the central part of the capital …

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Bank of Georgia Subsidiary M2 Killing Competition in Development Business

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The issue of ownership of noncore assets by commercial banks maintains relevance. Besides Georgia, many other countries have been monitoring involvement of commercial banks in various noncore activities for many years. These countries have set various restrictions. Thus, this issue is relevant in   many other countries, not only in Georgia. …

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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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