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Tag Archives: Lasha Papashvili

Lasha Papashvili to Build Chateau in Kvareli for Premium Wine Production

Lasha Papashvili Reports Concerning the Meeting with Georgian PM

Businessman Lasha Papashvili plans to build a wine chateau in Kvareli and invest 6 million USD in the project implementation. The project development will be finished soon and construction works will start in September 2018, Lasha Papashvili noted. “This is a chateau-style enterprise, not big, as we will produce only …

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Lasha Papashvili Starts Construction of a 4-Star Hotel in Summer

Lasha Papashvili Starts Construction of a 4-Star Hotel in Summer

Businessman Lasha Papashvili has noted with GBC, that ground works are being carried for construction of a 4-star hotel. However, the construction will start in two weeks. The construction of the black carcass will be completed in 6 months by its partner Synergy, but the hotel will be completed in …

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REGUS Opened First Regional Flagship Office In Georgia

Regus, the world’s largest provider of flexible workspace solutions, has entered Georgia. On June 22, the leading player in the office market with 3000 offices worldwide, opened its first Georgian office, which is the very first in the region, in Tabidze 1 business center, located at Leinidze Street. The opening …

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REGUS to Open Representation in Georgia

REGUS to Open Representation in Georgia

REGUS, the biggest international company of office services, has entered Georgian market. The company representation will open at the Business Center Tabidze 1 at 17 o’clock on June 22. REGUS is the world’s leading company in offering working spaces with flexible conditions. The most successful entrepreneurial organizations, individuals and multi- …

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Price is $6000 per m2 at Redix Apartments on Chavchavadze Avenue

Price is $6000 per m2 at Redix Apartments on Chavchavadze Avenue

Acquisition of an apartment at Redix Apartments on Chavchavadze Avenue will cost 4.2 million USD. Founder of Redix talked about the most expensive residential complex in the history of independent Georgia with Property Georgia. According to Lasha Papashvili, Sales of residential properties are strictly limited due to quantity. There are only 11 …

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GEL Strengthens and It May Be Fixed at Reasonable Rate

“Fortunately, GEL is strengthening and there are good preconditions to fix it at reasonable rate”, businessman Lasha Papashvili told reporters. Larization  is not a bad program and the main thing is that business be protected from stress situations. “Obligations were denominated in USD for many years, while citizens receive incomes …

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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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Lasha Papashvili: Middle-Segment Hotels are More Perspective in Georgia

Lasha Papashvili: Middle-Segment Hotels are More Perspective in Georgia

Middle-segment hotels are more perspective in Georgia. Lasha Papashvili, founder of company Redix, has reviewed the market with TV-company Maestro (Business Contact). He noted, that middle segment does not mean cheap, but it deferens from luxury sector. He gradually expects demand decline on luxury. He noted, that there are several premium …

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