Located in the heart of Tbilisi, this boutique residential project’s concept is based on developing an upmarket small & peaceful residential building in Tbilisi Old Town. It will have an eco-friendly environment with clean, fresh air and green surface. Nature and outstanding views of the mountains and the whole city are the main pillars serving to boost the value of the project and make it an exclusive investment opportunity for buyers.
After an extensive feasibility assessment, the fund has acquired a strategic 8ha land plot in next to the Kutaisi International Airport. The first phase of the project is in the process of architecture planning and will supplying the the first chain-branded hotel in this low-cost airport. The soft opening of the hotel is planned for the first quarter of 2023 – just in time for when the tourism industry is projected to fully rebound after the COVID-19 disruption.
The anticipated development of infrastructure and manufacturing in Georgia, combined with its strategic location at the crossroads of Europe and Asia, will open opportunities for modern industrial and logistics real estate investments. Kinor plans to utilize this trend and supply modern logistics and retail stock in the vicinity of the Airport during the second and third phases of the Kutaisi Airport project development.