Tbilisi Real Estate Census Research:
1,056,137 m2 Real Estate Sold During 9 Months
The Financial
According to the latest results of Tbilisi Real Estate Census Research, the amount of total spaces sold in Tbilisi over the past 9 months is 1,056,137m2. The Institute for Polling and Marketing (IPM) conducts research twice a year and so the last results of 2007 convey March and December data.
According to Kote Gabrichidze, Real Estate Project Manager, the total turnover of sold spaces for 9 months in 2007 is USD 1,184,881,507.
“Most of the value that comes from residential spaces, office and commercial (retail) turnovers are quite similar. 88.83% comes from residential spaces, 5.81% from office and 5.36% - from commercial spaces”, Gabrichidze told The FINANCIAL. |
