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Tag Archives: real estate

M2 Real Estate to Build Hotel in Telavi

The 3rd of April, 2018 – m2 Real Estate company plans to build a 130-suite hotel in Telavi, Kakheti Region, in two years. The company plans to develop  attractive space for tourists, local residents  and Georgian citizens, in general. m2 has already bought a 8512 square meter territory, where old …

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Stalinist Architectural Buildings: Report by Colliers International Georgia

Colliers International Georgia continues to publish short reports about residential projects across Georgia, today’s spotlight is Stalinist Architectural Buildings.  Stalinist Building Project Construction period: 1930-1955 Number of floors: 2 – 6 (with exception of 10) Construction material: mainly brick Ceiling height: 3, 2-4, 3 m. Elevator: none Façade: luxurious In …

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Whether New Buildings Are to Be Dismantled – Developers Respond to Seismologists and Geologists

Real estate

Construction boom has overwhelmed the capital city, but the process may bring disastrous outcomes. Geologists and seismologists warn against threats that may arise after earthquakes. Problems come from chaotic and uncontrolled construction process. Specialists assert that a major part of new buildings cannot withstand even medium-power earthquake. Problem consists in …

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Regus Business World Membership Cards Offers Access to 3,000 Branches

International Office Provider REGUS has already been established in Georgia, serving customers in Tbilisi’s most prestigious, active and dynamic part of town (2 Leonidze Street, business center ‘Tabidze 1’, 4th floor,) and offers the ideal working environment. “Our global network is expanding annually. All business people need an ideal environment …

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Colliers International Georgia and Cushman & Wakefield Georgia Plan to Carry Out Joint Classification of Offices

Global real estate services companies Colliers International Georgia and Cushman & Wakefield Georgia plan to carry out joint classification of offices in Tbilisi, Property Georgia reports. At this stage the two companies are developing the criteria based on which modern business centres across Tbilisi will be evaluated. Within the framework of the project; the …

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Apartments Cheapen, Commercial Real Estate Rises in Price

Activity is Declined at the Real Estate Market in May

As compared to December 2017, prices declined on apartments. At the end of 2017 the price of a square meter of Tbilisi-based apartment exceeded 1 000 USD, while the value declined to 950 USD in January 2018. Unlike apartments, prices of commercial real estates keep growing. Over the past month, …

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Real Estate on Balance of Ministry of Economy

There are 47 719 agriculture land plots on the balance of Ministry of Economy. Total space of these land plots constitutes 3 791 424 603 square meters, including the major part (16 389) is located in Kvemo Kartli, while the smallest part is registered in Racha-Lechkhumi and Kvemo Svaneti Region. …

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Challenges Faced by the Real Estate Sector in 2017

property Georgia

De-dollarization has been one of the main challenges for the Georgian real estate market in 2017. Following the devaluation of the Lari in 2016, the government of Georgia and the National Bank of Georgia (NBG) jointly designed a plan of ‘Larization’ of loans. The relevant legislation came into force on …

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Colliers International Georgia named as Best Consulting Company of the Year at Eastern Europe Real Estate Awards 2017

Colliers International Georgia named as Best Consulting Company of the Year at Eastern Europe Real Estate Awards 2017

Eastern Europe Real Estate Forum and Awards 2017 was held on November 23rd in Kiev, Ukraine. EEA forum hosted 250 guests from the region, including developers, real estate experts, investors and representatives of financial institutions. The Forum is a commercial real estate event that includes member from Azerbaijan, Belarus, Georgia, Kazakhstan, …

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