Real Estate Development

The current project of "SB Real Estate" is the construction of the residential apartments, development in Tbilisi, at Chubinashvili str.68

The apartments reside in one of the oldest and picturesque districts of Tbilisi, at 68 Chubinashvili Str.

Shopping centers "Tbilisi Central" and "Karvasla" are at hand. Total area of the site is 4,593 sq.m. Six-storey-building placed on the site is well adjusted to the landscape and smoothly merged with the settings with its architecture and spatial solution.

For further information please refer to the web-site: www.m2.ge

Lilo 1, Lilo 2 warehouses:

• Industrial property located on the airport highway comprised of the total of 28,327 sq.m of land and 9,195 sq.m of furnished warehouses with a separate railway interchange.
• Lilo district has been traditionally designated for logistics, due to its close disposition to the Tbilisi international airport and railway main.
• JSC "SB Real Estate" renovated the warehouses to meet the "B" quality category. One of them serving medium and small businesses, while another designated for the storing and archiving needs of JSC "Bank of Georgia".
• Lilo warehouses are secured 24/7 and equipped with modern fire prevention and security systems. Average occupancy rate for the warehouses exceeds 90%.

Office Space in Tbilisi, Aghmashenebeli Avenue:

• 4-storey-building with a commercial area of up to 1,050 sq.m. is located in the central area of the city with a lively neighborhood of many trade and business centers;
• The company renovated the building to meet "B" quality category office space.

"Gldani Mega Center":

• Gldani Mega Center is situated in one of the most densely populated areas of Tbilisi, adjacent to the Tbilisi underground, among the main streets of the district.
• The company overbuilt additional commercial area to the second floor, accounting for extra 1,560 sq.m.

Office space in Saburtalo district:

• Office area of up to 1,200 sq.m. is located in a densely populated and medium class Saburtalo district;
• JSC "SB Real Estate" renovated the building to meet "A" quality category.

Office Space in Abanotubani:

• The offices is located in the historical area of Tbilisi, outstanding for vintage architecture, spectacular views and sulphur baths, thus making an appeal to the tourists;
•  JSC "SB Real Estate" purchased the land plot of up to 530 sq.m. with of the premisis of 200 sq.m. in Abanotubani, near the an embanked road. The buildings were renovated and sold in 2008.