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Development company m² is entering a new stage of development and will continue its operations with a renewed strategic vision, long-term growth plans, and a focus on further strengthening its position in the market.<img src="https://advert.georgiatoday.ge/www/delivery/lg.php?bannerid=0&amp;campaignid=0&amp;zoneid=10&amp;loc=https%3A%2F%2Fgeorgiatoday.ge%2Fm%25C2%25B2-enters-a-new-stage-of-development-with-a-renewed-strategy-and-long-term-vision%2F&amp;cb=1d74000501" alt=""> Following a transaction completed on June 5, 2026, Lasha Kvachadze and Dimitri Adamia became the owners of the company. Their focus will be on further strengthening m²’s leading position in Georgia’s real estate market. Lasha Kvachadze is the founder of Blockstone Capital. Blockstone Capital is a diversified investment group with interests in construction and development, energy, digital platforms, and various strategic investment projects. “As Georgia’s economy continues to develop, an increasing number of large-scale investments are being made with the participation of local capital. m² is one of the strongest and most trusted brands in Georgia’s real estate sector, and we are pleased to invest in this new stage of its development. Our goal is to create additional opportunities for the company’s growth and for the implementation of new projects and innovations. I would like to thank my partners and team for the successful completion of this important transaction,” said Lasha Kvachadze. Dimitri Adamia will assume the position of Chief Executive Officer of m². “m² is one of the most distinguished companies in Georgia’s development sector. Its greatest strengths are its many years of experience and the trust of its customers. Our task is to further strengthen the standards and quality that have made m² one of the leading companies in the market. This new stage of development presents an important opportunity to create additional value for both customers and Georgia’s economy,” said Dimitri Adamia, Chief Executive Officer of m². For many years, m² has remained one of the leading development companies in Georgia’s real estate sector and has played an important role in the country’s modern urban development process. The company will continue its operations without interruption and, as part of this new stage of development, will present its future vision and planned projects to the public in the near future. This new stage will focus on the company’s growth, the development of new projects, and the further strengthening of its position in Georgia’s real estate market.

m² Enters a New Stage of Development with a Renewed Strategy and Long-Term Vision

m² განვითარების ახალ ეტაპზე გადადის - კომპანია საქმიანობას ახალი სტრატეგიითა და გრძელვადიანი განვითარების ხედვით განაგრძობს

On May 30, m² and <a target="_blank" rel="noopener noreferrer nofollow" class="underline cursor-pointer text-blue-500" href="http://LIB.GE">LIB.GE</a> hosted a special event titled "Dare" at the m³ Saburtalo Park, featuring Giorgi Kekelidze and Aleksandre Lortkipanidze. Giorgi Kekelidze, author of the recent Georgian bestseller The Adventures of Kupata, engaged with the young audience, sharing the inspiration behind the fairy tale. He spoke about the power of kind words and the magical things that children and puppies can achieve together. Aleksandre Lortkipanidze, host of the popular TV show Bookshelf and author of the children's book Lullaby for Lili, discussed the vital role of play in education and the integration of learning elements into games. He shared insights on how to make reading and learning both enjoyable and entertaining for children. This exclusive event is held monthly, dedicated solely to m² residents. m² – Dare to live your life.

m² X LIB.GE – Featuring Giorgi Kekelidze and Aleksandre Lortkipanidze

m² X LIB.GE - გორგი კეკელიძესთან და ალექსანდრე ლორთქიფანიძესთან ერთად

On May 2, at the joint event by m² and <a target="_blank" rel="noopener noreferrer nofollow" class="underline cursor-pointer text-blue-500" href="http://LIB.GE">LIB.GE</a> - “Dare,” Guram Tsibakhashvili spoke on the topic “Dare to See.”Guram Tsibakhashvili is a Georgian photographer and a visual chronicler of 35 years of independent Georgia’s history. Through his lens, he has captured nearly every individual who has left a mark on the era.The event is held monthly and is exclusively available to m² residents.m² - Dare to live your life.

m² X LIB.GE - ნათია ფანჯიკიძე - "გაბედე, იარო შენი გზით"

m² X LIB.GE - გიორგი კეკელიძე - "გაბედე დამოუკიდებლობა"

m² X LIB.GE - დეა ყოლბაია - გაბედე გაშვება

2 მაისს, m²-ისა და <a target="_blank" rel="noopener noreferrer nofollow" class="underline cursor-pointer text-blue-500" href="http://LIB.GE">LIB.GE</a>-ს ღონისძიებაზე - "გაბედე", გურამ წიბახაშვილმა ისაუბრა თემაზე, "გაბედე დაინახო".გურამ წიბახაშვილი - ქართველი ფოტოხელოვანი, დამოუკიდებელი საქართველოს 35 წლოვანი ისტორიის მემატიანეა. ყველა ადამიანი, ვინც ეპოქას რაიმე კვალი მაინც დააჩნია, მისი ფოტოაპარატის ობიექტია.

m² X LIB.GE - გურამ წიბახაშვილი - "გაბედე დაინახო"

გურამ წიბახაშვილი

m² X LIB.GE – Guram Tsibakhashvili – “Dare to See”

გურამ წიბახაშვილი - "გაბედე დაინახო"

The m² and <a target="_blank" rel="noopener noreferrer nofollow" class="underline cursor-pointer text-blue-500" href="http://LIB.GE">LIB.GE</a> event “Dare” brought together residents from various m² projects, giving them the opportunity to listen to Natia Phanjikidze share her experience in an informal setting, engage in discussion, and exchange their own perspectives. “Dare” will become a monthly series, and throughout 2026 it will introduce m² residents to professionals and representatives from diverse fields and industries.

m² X LIB.GE – Natia Panjikidze – “Dare to Walk Your Own Path”

გაბედე, იარო შენი გზით

On March 14, at the second event of the joint series by m² and <a target="_blank" rel="noopener noreferrer nofollow" class="underline cursor-pointer text-blue-500" href="http://lib.ge">lib.ge</a> — “Dare”, Giorgi Kekelidze spoke on the topic “Dare Independence.” Independence is the social form of freedom. It is not something a person is granted from the outset — it must be practiced, acquired, and developed. Giorgi discussed the understanding of independence through literature and art. The event is held monthly and is exclusively for m² residents. m² – Dare to live your own life

m² X LIB.GE – Giorgi Kekelidze – “Dare Independence”

გაბედე დამოუკიდებლობა

On April 4, at the joint event by m² and <a target="_blank" rel="noopener noreferrer nofollow" class="underline cursor-pointer text-blue-500" href="http://LIB.GE">LIB.GE</a> — “Dare” — Dea Qolbaia delivered a talk on the topic “Dare to Let Go.” The meeting was designed for individuals interested in self-discovery, philosophy, psychology, and the multifaceted nature of human beings. The event is held monthly and is exclusively available to m² residents. m² — Dare to live your own life.

m² X LIB.GE – DEA KOLBAIA – “DARE TO LET GO”

დეა ყოლბაია - გაბედე გაშვება

On December 28 and 29, m² hosted the residents of m³ Saburtalo at a Christmas Market. At m³ Saburtalo Park, guests enjoyed hot drinks, delicious desserts, an exhibition and sale by Georgian entrepreneurs, various activities for children, and Santa Claus, who delighted the little ones with sweet treats. Watch the <a target="_blank" rel="noopener noreferrer nofollow" class="underline cursor-pointer text-blue-500" href="https://www.youtube.com/watch?v=XJiyzLef8ko&amp;feature=youtu.be">video</a>. m² - Live Your Life.

The Christmas market at m³ Saburtalo Park

christmas market

საშობაო მარკეტი m³ საბურთალოს პარკში

On October 19, as part of the m² innovative project, the Central Park, the main attraction of the m³ Saburtalo district was opened. During the event, guests participated in a variety of activities, took view of the newly renovated park, and had a pleasant time. Recreational and entertainment spaces, a lake, pedestrian and bicycle paths, a sports ground, and a special area for pets were installed in the park - everything to help residents live their lives in a comfortable and healthy environment. m³ Saburtalo - a home that the entire district follows. Marshal Gelovani Avenue 23

The m³ Saburtalo Central Park opened in the m² innovative district.

 ცენტრალური პარკი გაიხსნა

m²-ის ინოვაციურ უბანში, m³ საბურთალო ცენტრალური პარკი გაიხსნა

A ‘Back to School’ fair was held at m² Complex 9 from September 1st to 10th, a joint initiative of m² and the publishing house ‘Palitra L’. At the fair, schoolchildren could purchase necessary stationery, backpacks, books, and notebooks for the new school year. Children were greeted with gifts, cotton candy, face painting, and cheerful background music. They took souvenir photos and purchased essential school supplies all in one place.

‘Back to School’ fair at m²

Back to School მარკეტი  m²-ში

The leading development company m² and Georgian brand Qarta have launched a new inspiring collaboration, within the framework of which photo albums of an exclusive design were created. The albums combine the aesthetics of Qarta and the message of m² – Live your own life – and are intended for those who want to make their memories and important moments tangible and unique. Living your life, keeping in touch with your desires, yourself, family members, the environment and the world is a daily choice, and once you make it, you will certainly feel that you live like no one else has lived, because you create a special, personal legend and history. Photo albums provide the best reflection of precious moments of your life and make them tangible. Albums created within the framework of the collaboration are carriers of emotional memory; each of them is unique and reflects the life story of the user. “As part of the collaboration, we created photo albums of an exclusive design that combine the aesthetics of Qarta and the message of m² - “live your own life”. The idea of ​​collaboration was very interesting for both brands, as they share the same value ​​that each person is unique and everyone has their own distinct life adventure. In our opinion, when a person dares and makes a choice to live his/her own life, he/she inevitably creates a special, personal story and legend. Photo albums of m² and Qarta will give these people the opportunity to make their unique life stories and important moments tangible and preserve them forever on the pages of the album.” - Mariam Didebashvili, Head of Marketing Department of m². “We create photo albums that revive people’s life stories and allow sharing them with future generations. At Qarta, we believe that perpetuating stories and turning moments into treasures is important for each person. Our team, working with love and inspiration, combines quality, design and individuality in creating each project. Each photo album is an opportunity for users to share special moments of their lives with others.” - Tako Samkharadze, founder of Qarta. The collaboration between m² and Qarta not only unites two Georgian brands, but also gives people the opportunity to live their lives and share precious moments with future generations - in high quality and unique design.The products created within the framework of the collaboration can be purchased on the Qarta website <a target="_blank" rel="noopener noreferrer nofollow" class="underline cursor-pointer text-blue-500" href="http://www.qarta.ge">www.qarta.ge</a> and on social media channels.

m² X Qarta

m² X “ქარტა”, შენი უნიკალური ცხოვრების მომენტების ასასახად

On May 25, an amateur padel tournament organized by Sportscape took place. The tournament was open to fans of all ages and skill levels. The excitement of competition, fighting spirit, and fun atmosphere made the event truly unforgettable. The main sponsor of the tournament was m². Participants who took 1st, 2nd, and 3rd place received cash prizes and sports bags created in collaboration between m² and Funduki. m² — Live your life.

Amateur Padel Tournament

პადელის სამოყვარულო ტურნირი

Our yards were filled with joy, bright emotions, and sincere laughter! Fairytale characters, a cheerful host, cotton candy, popcorn, face painting, music, fun games, a soap bubble show, a cheerful atmosphere, and an unforgettable time spent with friends—we believe that days like these create the warmest and most memorable childhood memories.

 Children's days in m²

ბავშვთა დღეები m²-ში

On June 20, the first exhibition “exchange” of sustainable transformation, organized by the Station, was held in the premises of the integrated plant. The Station is an innovative social enterprise that, in cooperation with responsible businesses, promotes the implementation of sustainable development mechanisms. As part of the event, useless items were transformed into valuable exhibits, old things were given a new life. The exhibition was especially attractive to those interested in eco-initiatives, marketing and art, as the event combined these areas into one concept. The project partner was m². The company has been launching projects in the CSR area since 2014 and has implemented many of them to date. As part of the event, useless and damaged materials, installations, lightboxes, maquettes and other inventory of m² were transformed into exhibits.

Exhibition “exchange” of sustainable transformation

მდგრადი ტრანსფორმაციის გამოფენა

This was the third time that the Ad Summit event had been held in Georgia, providing a platform that connects Georgian marketers and individuals interested in the digital sphere. This year's summit focused on the role and importance of technology in content creation. At the event, Georgian and foreign YouTube bloggers and content creators shared their experiences with the attending audience. As Georgia's leading development company, m² is committed to the development of Georgia's digital sector and this year was once again an official partner of the summit.

The Ad Summit Tbilisi 2025 event took place on 20 June

20 ივნისს Ad Summit Tbilisi 2025

The leading real estate development company “m²” and “Funduki” family business model store, known for its eco-friendly and sustainable approaches, creativity and support of culture, announce their partnership. The said collaboration unites the two brands around the idea of expressing personal individuality, which will be reflected in an exclusive collection of bags with the inspiring message of the m² brand – “Live your life”. The company m² is known for its innovative approach; it creates spaces that allow residents to express their identity and inspires people to dare to be authentic, to strive, to create and to live in an environment where they feel comfortable and happy. The collaboration with Funduki conveys the philosophy of m² in a tangible product. “Our collaboration represents an interesting synergy of two brands, which is aimed not only at the physical but also at the emotional level. This collection is a unique expression of our message – “Dare to live your life”. It supports the expression of individuality and matches the tastes of people who value creativity, freedom and an eco-friendly lifestyle,” says Mariam Didebashvili, Head of Marketing Department of “m²”. “We at “Funduki” work to create things that tell a story, and this partnership with “m²” is completely in line with our philosophy. Together we create a product that not only looks good, but also expresses a comfortable lifestyle” - Marika Chakhrakia, founder of “Funduki”.The products created within the framework of the collaboration can be viewed on the website <a target="_blank" rel="noopener noreferrer nofollow" class="underline cursor-pointer text-blue-500" href="http://www.liveyourownlife.ge">www.liveyourownlife.ge</a>, and you can purchase them via social media channels and in the “Funduki” store - Tbilisi, 16a Ateni str.

m² and Funduki Collaborate for Everyday Lifestyle

m²-ისა და “ფუნდუკის“ თანამშრომლობა ყოველდღიური ცხოვრების სტილისთვის

m2-ისა და “ფუნდუკის“ თანამშრომლობა ყოველდღიური ცხოვრების სტილისთვის

Tbilisi hosted the region's first international storytelling festival - ZEG - Tbilisi Storytelling Festival, which was founded by Impact Hub Tbilisi and Coda Story in 2019.&nbsp;The festival included panel discussions, sessions, film screenings, workshops, city tours and informal events. Festival guests had the opportunity to experience both traditional and innovative methods of storytelling and get inspiration for their own work.&nbsp;Film, media, photography, education, literature, entrepreneurship, environmental protection and technology were among the areas of discussion during the three-day festival.&nbsp;Around 60 professionals from different countries and sectors took part in the festival.&nbsp;American actor Sean Penn paid a special visit to Tbilisi for the festival and closed the event.&nbsp;This year ZEG hosted the European Press Prize ceremony, which is one of the biggest events in the media sphere.This year ZEG - Tbilisi Storytelling Festival was supported by&nbsp;m².

ZEG Tbilisi Storytelling Festival was held in Tbilisi

ZEG - Tbilisi Storytelling Festival was held in Tbilisi

თბილისში ZEG - Tbilisi Storytelling Festival-ი გაიმართა

On May 4-8, the 17ᵗʰ season of the international Mercedes-Benz Fashion Week Tbilisi was held at Factory Tbilisi, where local and international designers presented their 2023-2024 fall/winter collections.&nbsp;&nbsp;The goal of the project was development and promotion of the Georgian fashion across the country and abroad. Over fifty international guests from the fashion capitals of the world, including critics, buyers, journalists and editors of prominent publications attended Mercedes-Benz FashionWeek Tbilisi.&nbsp;&nbsp;m² was the primary sponsor of Mercedes-Benz Fashion Week TBILISI this year.&nbsp;&nbsp;As a part of the partnership, Tako Mekvabidze, a designer participating Mercedes-Benz Fashion Week TBILISI presented clothes and accessories inspired by m²'s new message - "Live your own life".&nbsp;&nbsp;"The key inspiration of my collection arevarious women professionals. Trying to highlight strengths of the woman,I based the silhouettes of the suits on the male model. Collaboration with m² proved to be very interesting. The renewed slogan of the company became a sources of my inspiration. "Live your own life" is the inner motto of each of us, and I suppose the works turned out to be quite interesting", - Tako Mekvabidze, Designer.&nbsp;&nbsp;"Our message - 'Live your own life' has been integrated into the clothes, so that it, as a trend, as a constant concern for self-realization and a connection with desires, is better heard and listened to. Putting it on our clothes and wearing it regularly reminds us that we are unique, free and can live our lives in our unique way", - Irina Dumbadze, Head of the Brand Development Department.m²'s mission is to develop places and spaces that connect people with the environment, family members and themselves. This collaboration was meant to remind us of the need to connect with ourselves, for we believe that clothescan bring the message closest to a person.

Collaborative Project of m² and Designer Tako Mekvabidze

Collaborative Project of m² and Designer Tako Mekvabidze on Mercedes-Benz Fashion Week Tbilisi

Mercedes-Benz Fashion Week Tbilisi-ს ფარგლებში, დიზაინერ თაკო მექვაბიძის და m²-ის კოლაბორაციული პროექტი შედგა

We are pleased to inform you of an interesting collaboration project between m² and Matters. m², the leading developer brand, and Matters, the online store that creates handmade clothes in Georgia, will support individuality, creativity, and self-expression in their new project.&nbsp;The collaboration is based on the m² powerful slogan “Live Your Own Life” alongside the “Dare” campaign, all together reflected in the clothing collection of Matters. This unique line of clothing enables people to reflect their values in outfits and present their vision of life in a distinguished manner.&nbsp;Each item of the collection is made in Georgia emphasizing the quality and dedicated approach of the Matters. While m² slogan inspires and strengthens people to dare and follow their individual desires, be free, and live their own lives, as no one has ever done.&nbsp;"Live your own life easier said than done, and requires courage. We want to support people in understanding that we all live as no one else does. Each of us is different and unique. Everyone has a mission and road in their life, and you need courage to live your own life. The clothing, in this case, the clothing offered by Matters is a unique collection, the best instrument for inspiring every second of life, a way for self-expression” says Irina Dumbadze, the head of the m² brand development department.&nbsp;"We are pleased with the opportunity to cooperate with m², the brand that shares our visions on individuality, sustainability, and creativity. Together we offer our clients a collection that is not only stylish and beautiful, but also meaningful, and this meaning is reflected in words, bravely shown on the clothing items. We are looking forward to the reactions”- says Gvantsa Ubiria the co-founder of the Matters.&nbsp;You can view the collection created in the scope of this collaboration on the website <a target="_blank" rel="noopener noreferrer nofollow" class="underline cursor-pointer text-blue-500" href="http://www.liveyourownlife.ge">www.liveyourownlife.ge</a>, and purchase your desired items from the Matters website <a target="_blank" rel="noopener noreferrer nofollow" class="underline cursor-pointer text-blue-500" href="http://www.matters.ge">www.matters.ge</a><a target="_blank" rel="noopener noreferrer nofollow" class="underline cursor-pointer text-blue-500" href="https://www.matters.ge/"> </a>and in-store at 5 Kekelidze Street.

m² and Matters Announce on Collaboration Project

m² და Matters კოლაბორაციულ პროექტს აანონსებენ

m², in collaboration with Georgian brands is now launching a new project. In the scope of the project, Georgian brands inspired by new slogan of the m² - “Live Your Own Life” will produce new collection and any interested person will be able to purchase desired items. This collection will include items and accessories, which are used in daily life, including: t-shirts, laptop bags, smart phone cases, suitcases, passport covers, kimonos and others.At the current stage, 7 Georgian brands participate in the project: GIOVANNI MORRA, CARPETERIA, CASY, FUNDUKI, LOVESTARS, NINEA and MATTERS. Some of the brands are still working on the new collection, and some have already completed their works. The website dedicated to the project will be created, where collection created in the scope of the collaboration will be available. The items will be available for purchase at partner companies’ websites or stores. Demonstration versions of the collection will be displayed at m² sales offices, where customers will be able to see the collection in real life. “The idea of collaboration was born upon introduction of new platform for the brand, and was brought into life last year, during Mercedez-Benz Fashion Week Tbilisi. The new slogan “Live Your Own Life” was effectively integrated in the collection of designer Tako Mekvabidze. The main goal initially was and currently is to bring the slogan words closer to the customers. The products of our customers are used in daily life, and we aim the same, we want to remind people “Live Your Own Life,” live like no one else did. Always be who you are, unique and different” Irina Dumbadze, head of m² brand development department. On the other stages of the project different Georgian brands will be involved, and collection created on the “Live Your Own Life” theme will become even more diverse.

m² initiates Collaboration Project

m² კოლაბორაციულ პროექტს იწყებს

2020 was different, as we spent this time caring for complete strangers. We learned a lesson from the challenges, which reminded us to cherish what we have. Considering current events, doing kindness, showing social responsibility is of high importance. Thus, we have carried a number of charity events during recent months and we are planning on continuing in future. 2021 was started by taking care of others. On behalf of our employees, partners, and residents, we brought happiness to the Tabatadzeebi family with 9 children. We gifted them with a 130 sq.m. apartment in the m² project "m²&nbsp;Chkondideli". Miracles happen when we care for each other. The main message of New Year is to care for each other inside and outside as well.

m² gifted an apartment to the Tabatadzeebi family with 9 children

m²-მა ტაბატაძეების 9 შვილიან ოჯახს საჩუქრად ბინა გადასცა

If you cannot go to a concert, a concert will come to you - m² hosted a musical project created by this concept #musicbyyourwindows in the residential building m² at Hippodrome. The residents of m² were able to listen to Nikoloz Rachveli, the National Symphony Orchestra, and loved vocalists right from their balconies. We would like to thank the artists’ union ConceptArt, which opened its season from our yard and we were granted an opportunity to have our share in organizing such an amazing event. Photo - Sophio Melikidze

A music concert in the residential building m² at Hippodrome

მუსიკალური კონცერტი საცხოვრებელ კომპლექსში „m² იპოდრომთან“

m² supported the Tbilisi City Hall initiative and delivered food to 1,000 socially vulnerable families. These activities were carried out in the context of the pandemic as part of the program to support the socially vulnerable aged people, living alone in Tbilisi. The General Director of "m² Group", Shota Berekashvili, the mayor of Tbilisi, Kakha Kaladze, and the deputy mayor of Tbilisi, Ilia Eloshvili, were acquainted with the process of product acquisition and packing. m²&nbsp;supports the government from the first days of the confirmation of Coronavirus in the country and has carried out a number of activities, including transferring 100,000 GEL to the special fund against COVID-19. "We believe that in such a serious period of the country all business companies will support the government and the people and do their best. We have therefore always been very enthusiastic about such challenges, especially when it comes to supporting socially vulnerable people. Today, on the initiative of the Mayor’s Office, we have delivered food to 1,000 socially vulnerable families, and we are glad that we have managed to improve their lives at least slightly. m²&nbsp;always supports the country and people and will do so in the future whenever necessary" – stated the General Director of "m²&nbsp;Group" - Shota Berekashvili.

m² provided food to 1000 vulnerable families

m² provided food to 1,000 vulnerable families

m²-მა 1 000 სოციალურად დაუცველ ოჯახს საკვები პროდუქტები გადასცა

On March 11, the construction works on-site at Mirtskhulava Street has been started by "m² Group". The first working day was opened by the mayor of Tbilisi, Kakhi Kaladze, the event was attended by representatives of Tbilisi City Hall, the initiative group&nbsp;"m²&nbsp;Group" and the suffered residents of “Sveti”. The construction works on the remaining facilities of “Sveti” will be resumed on a staged basis. Thereby, after five years of waiting, the reality of many people has been changed radically, and now, through this process, they are the future residents of "m²&nbsp;Group". This is the final purpose of the agreement indeed, signed between the&nbsp;"m²&nbsp;Group" and the Tbilisi City Hall. As a result, up to 2,500 affected families will receive their apartments within the agreed deadline. “Today is a great day. I would like to congratulate everyone on this day and wish success. We have worked for a long time to reach this agreement, and we have been able to come to this day. Therein, we had many disappointments, but we did not give up”. We always knew and believed that we could do it. This is the best precedent. Our approach to all the suspended constructions in the city and to the citizens affected by the companies will be similar - we will help everyone to the fullest extent possible, support them to return their houses. In this case, we are talking about 2,500 families. Many of our citizens were moved to foreign countries, where they worked strenuously, tormented to help their children and families. And one day, they realized that they have lost everything, but thanks to our involvement and support of the state, this problem has been solved today. Within three years all will be completely settled, and the affected citizens will have their own houses," - said Kakha Kaladze. In order to complete the constructions, the&nbsp;"m²&nbsp;Group" will undertake the liabilities on constructions of three suspended projects of “Sveti” located in Tbilisi (Mirtskhulava Street No.9-11, Nutsubidze Street No.125A, Chkondideli street No.22).The investment value of the project is 250,000,000 GEL and is fully funded by the&nbsp;"m²&nbsp;Group" and the construction and engineering works of the buildings will be implemented by “BK Construction”, the construction company of "m²&nbsp;Group"."Unaccomplished constructions and thousands of affected families are a serious social problem, both for the city and the country and for every citizen. Therefore, first of all, it is a social project for us. As an investment company, we take responsibility for both the financial and administrative processes.&nbsp; "m²&nbsp;Group"&nbsp;has many years of experience in both construction and development. Various successful projects are associated with our name, and now we are glad that within our public liability we were able to support the city hall and contribute to the well-being of 2,500 affected families. Completing the construction of buildings is the most important process for us. Accordingly, we are fully aware of the commitments undertaken before society and the city. We will spare no effort, actions, and experience to complete all projects successfully to allow all affected citizens to receive their own apartments within the agreed timeframe. Once again we thank the city hall and the initiative group for the expressed trust, I believe in the professionalism of my team and I am sure that the current project will have success for everyone,"- said Irakli Burdiladze.&nbsp;

m² started the construction of suspended projects of Sveti

"m² Group" started the construction of suspended projects of “Sveti”

„m² ჯგუფმა“ „სვეტის“ შეჩერებული პროექტების მშენებლობა დაიწყო

Today’s world and our country are facing a huge challenge that requires special care of each other. 100,000 GEL obtained from sales of the new district - "m³ Saburtalo" will be transferred for the purposes to overcome COVID-19. "Today, during such a hard time for our country and the world, we all have a duty to demonstrate our public responsibility to protect each other. The fight against Coronavirus is not only a medical responsibility. They are on the front lines, and supporting them is our common responsibility. And for that very reason – to overcome the virus, "m²&nbsp;Development" will allocate 100,000 GEL, for health care activities of our citizens and for saving their lives“ – stated the General Director of "m² Development" – Nikoloz Medzmariashvili.

m² will allocate 100,000 GEL to overcome COVID19

m² Development" will allocate 100,000 GEL to overcome COVID-19

„m² დეველოპმენტი“, COVID 19-თან გამკლავების მიზნით, 100 000 ლარს გამოყოფს

On February 17, „m² Development“ opened its new Sales Office at Kazbegi ave. N15. The opening of the office is linked with a special offer, which provides a discount of up to 30 000 GEL for each apartment. The offer applies both for the studio and for the two-bedroom 30 apartments. This office is a modern business area. Here, the clients desiring to purchase an apartment will receive full information about the ongoing or already finalized projects; they will get familiar with the basic characteristics of a given project, as well as the purchase details. In addition, here you can consult with the sales manager, agree on a contract, etc.&nbsp;The sales office is open from 10 a.m. to 7 p.m. from Monday to Friday, and from 10 a.m. to 4 p.m. on Saturdays.&nbsp;"We approach our business with a lot of responsibility, always take care of our customers and do a lot for them to feel comfortable. We always try to be one step forward, following the needs of our customers. The new large-scale construction projects have brought the necessity to communicate in a timely and flexible manner.&nbsp; This is the reason why we have launched a new sales office. The quality of the work undertaken, the comfort for our customers and the flexibility of the service system that is implemented in our new office is the core values of m²&nbsp;Development” - says our Director-General, Nikoloz Medzmariashvili.

m² Opens its Doors to Its Customers

At Al. Kazbegi N15. New Sales Office of „m² Development" Opens its Doors to Its Customers

„m2 დეველოპმენტმა“ ყაზბეგის #15-ში ახალი გაყიდვების ოფისი გახსნა

On November 7, the development of a new direction in the tourism sector and the plans of “m² Group” in the real estate market were discussed at the press conference held at the construction site of Kempinski Hotel. Georgia Real Estate Holding (GRE) is a kind of platform for the investment company Georgia Capital, which will combine the two largest directions in the real estate market, namely, “m²&nbsp;Group” and hotels and tourism. The company continues to invest actively in Georgia both in the areas of hotels and tourism and residential real estate development.&nbsp;From now on, the position of the Director-General of “m²&nbsp;Group” in the real estate market will be held by Shota Berekashvili, Head of the construction company “BK Construction”, having 27 years of experience in this field. Georgia Real Estate Holding will be headed by Irakli Burdiladze, who, in his turn, has already created a success story for the development sector and still heads the company that is a leader in the real estate market.&nbsp;At the press conference, Georgia Real Estate Holding CEO Irakli Burdiladze said the company enters the tourism sector with a new Georgian brand, namely, Amber Group, which will focus on the unique Georgian culinary and the traditional Georgian winemaking and will promote Georgia internationally.&nbsp;Georgia Capital continues to invest in Georgia and we believe that this country has the greatest potential for the development of tourism and real estate. Over the next five years, we plan to invest USD 540 million in these areas through Georgia Real Estate Holding platform.&nbsp;“It is noteworthy that we see serious prospects for development in the field of tourism. That is why we have established a strong team and we are planning to open 11 hotels in the most beautiful regions and the capital of this country. USD 130 million has already been raised for this purpose. I believe that the investment of this magnitude is important both to us and to the country, as the tourism development contributes to the creation of an additional infrastructure in this country and the development of related sectors”, - said Irakli Burdiladze, CEO of Georgia Real Estate Holding.&nbsp;“As you know, we are already developing the area tailored to modern urban needs, and the next area is in the planning stage. Overall, we will invest USD 410 million in the framework of innovative projects. The challenges are quite great, but we believe that this will enable us to better explore all the fundamental sectors of the real estate market. We strive to be constantly one step ahead following the customer's needs. Our experience of many years and the team of professionals who have created a real estate success story in this country make it possible for me to say this”, - said Shota Berekashvili, CEO of “m²&nbsp;Group”.

Georgia Capital plans to develop a new direction in the real estate market

Georgia Capital-ი უძრავი ქონების ბაზარზე ახალი მიმართულების განვითარებას გეგმავს

The developer company “m²” has issued the bonds of 35 million USD. For the sixth time, “m²” gives the customers the opportunity to invest free funds in the bonds. Three-Year bonds are denominated in US dollars and offer the customers a high annual interest rate of 7.5% (before taxing), which will be repaid once in half a year. The bonds of “m²” were placed by Galt &amp; Tagart Investment Management Company. “We are pleased to announce the sixth and the largest issuance of the bonds of “m²“. It is noteworthy that there is an excessive demand for the current placement of the bonds, which again demonstrates the high level of customer confidence in m²,” said Irakli Burdiladze, CEO of Georgia Real Estate Holding.

m² issued the bonds of 35 million USD

m²-მა 35 მილიონი აშშ დოლარის მოცულობის ობლიგაციები გამოუშვა

Georgia Real Estate Holding added a new direction to its activities by opening a comfortable and innovative co-working space at #10 Kartozia Street, in the central Saburtalo district of Tbilisi. The opening ceremony was attended by current and potential customers of m2&nbsp;Collective, representatives of the business sector, creative industry, and media.&nbsp;The technically fully equipped space is designed for up to 100 users and is as ideal for productive work as it is for business meetings.m2&nbsp;Collective boasts a well-equipped working space with 24/7 access, isolated offices as well as common working spaces, meeting rooms, individual lockers, high-speed wireless internet, high-quality technical equipment including printing machines, projectors, etc., free coffee/tea, daily cleaning service, and bicycle and car parking.m2&nbsp;Collective is designed to provide users with a sense of maximum comfort, with separate rooms arranged for those wishing to work individually. The modern office equipment available at&nbsp;m2&nbsp;Collective will enable all processes to be carried out directly on the spot, which, given the rapid pace of modern life, is very convenient. The new co-working space is characterized by attractive architecture and special design. The minimalistic style generates a cozy and professional environment at the same time. When entering the offices arranged at m2, one will definitely get the feeling it was created especially for productive work and finding new business opportunities. “m2&nbsp;Collective is yet another new and successful project of our holding,” said Irakli Burdiladze, CEO of Georgia Real Estate Holding. “We are well aware that in modern times, doing business, cooperating with companies or running your own business is also possible remotely. Therefore, in order to provide maximum comfort to our customers, we saw it necessary to open this kind of space. I believe that&nbsp;m2 Collective will become the basis for many people to come up with new ideas and innovate projects that will further strengthen the country's business and creative sector.”

Georgia Real Estate Holding opened co-working space m² Collective

Georgia Real Estate Holding-მა საერთო სამუშაო სივრცე m² Collective გახსნა

On October 10, the development company "m² Real Estate" together with the Tbilisi City Hall Environmental Protection Service, planted about 500 trees on the right and left banks of the river Mtkvari in the frame of the landscaping campaign. The event was attended by&nbsp;m² staff, craftsmen of the construction company BK Construction, rugby players, UN Women representatives, and journalists. The participants in the campaign landscaped an additional territory of 1 hectare in the city. Silver Atlas and Himalayan cedars, as well as some leafy trees,&nbsp; were planted. By request of m², the Tbilisi Botanical Garden and the company “Magnolia” will take care of them, and the trees will then be transferred to the Tbilisi City Hall. In the company, they say that the essence of this campaign is not only planting trees but also together with the experts selecting purposefully and functionally correct varieties of trees for the city. That is why it became necessary to collaborate with experienced suppliers and specialists at the Tbilisi Botanical Garden. As a result of consulting with them and the Tbilisi City Hall Environmental Protection Service, the varieties of suitable trees and landscaping locations were selected. The current campaign is a kind of continuation of the Mtatsminda Slope Landscaping Project. The largest landscaping campaign undertaken by m²&nbsp;in 2017 is to restore 26,000 square meters of the area destroyed by wildfires on the Mtatsminda slope. The company has fully ensured the rehabilitation of the landscape damaged by the fire, the restoration of the green cover and its further maintenance. Now, there are 3000 plants of eight species there, the irrigation system is in place, the damaged plants are periodically replaced, the soil is loosened, the mineral fertilizers are added and the irrigation is carried out. In the near future, the company plans to landscape the territory of 10 hectares across the city. “We have been very enthusiastic about joining this landscaping campaign with our entire team of m² and our partner organizations. The Tbilisi City Hall Environmental Protection Service has joined us and we are now continuing the process jointly. Subsequent to planting, we will also monitor the vegetation period and, if necessary, we will replace damaged trees. Finally, we will give Tbilisi City Hall a completely landscaped area”, - said Nino Rukhadze, Deputy Director-General for Public Relations of m².

Landscaping

გამწვანების აქცია

On September 11, the memorandum of cooperation was signed between Tbilisi Municipality and the development company “m²&nbsp;Real Estate”. Within the framework of the said document, the parties expressed their readiness, within their competence, to support the fulfillment of the obligations to the population affected by the construction company “Sveti” through completing the unfinished construction. For the purpose of completing the construction,&nbsp;m²&nbsp;will take over the three suspended projects of “Sveti” located in Tbilisi (Mirtskhulava street # 9-11, Nutsubidze Street # 125a, Chkondideli street # 22). All three projects currently comprise 30 residential blocks. Up to 2,500 residents expect their apartments in the mentioned complexes. Multilateral negotiations initiated by the Tbilisi City Hall and&nbsp;m² have already been completed and the contracts with “Sveti” companies and landowners have been concluded. The investment cost of the project amounts to GEL 250 000 000 and is fully funded by m². BK Construction, the construction company of&nbsp;m² with 26 years of experience, will carry out the construction and engineering direction of the facilities. m²&nbsp;is ready to commence the construction works as soon as all the prerequisites stipulated in the contract with "Sveti" are fulfilled. In particular, the construction will begin as soon as the project agreement and the construction permits are obtained. The construction will be completed within three years from obtaining the permits.&nbsp;“The issue of about 2500 affected families has been resolved. On behalf of these families, I would like to thank, first of all, the initiative group, I would like to thank the construction company m², many thanks to the Prosecutor's Office, the Ministry of Finance, the Financial Police. This is a striking example of how a joint work of the state agencies and engaging people can solve the problem that afflicts these 2,500 families. Many thanks to everyone, and first of all, thank you because you were those people who worked with us on a daily basis and if not for you, believe me, that it would not be possible to resolve the problem”, - Tbilisi Mayor said.&nbsp;“This is a very important project for us because we realize that we have taken great responsibility before the public and the city. We got involved in this project by the initiative of Tbilisi City Hall and we are grateful for this confidence. As you know, there have been intense negotiations for months with all parties involved, and as you can see, the result has come. It is noteworthy that such practices are unprecedented in the history of this country and we are glad that with our help the families that have been waiting for years will get their own apartment”, - said Shota Berekashvili, managing partner of m².

m² will complete the construction of Sveti

m² Real Estate will complete the construction of “Sveti”

დეველოპერული კომპანია m² „სვეტის“ მშენებლობებს დაასრულებს

The development company "m² real estate" has moved to a new phase of service culture and quality in sales. The company has opened the new sales office for loyal and future customers that are fully innovative in functional, technological and service terms, responding to all the demands of the modern person and tailored to his/her lifestyle. The space located at 118, Tsereteli Avenue is a kind of gateway to future development that breaks down hitherto existing ideas and presents the latest real estate sales opportunities.The innovative content of the new sales office is felt from the outside, where you will find the most compact, a 27 sq.m. fully furnished apartment of the company. The construction is allegedly put there with a decorative crane, which can be seen as a symbol of the fact that&nbsp;m²&nbsp;will deliver the apartment to you with a wave of their hand – without extra turmoil and time-wasting. We follow the path and enter the central sales office adapted for any visitor. The interior design and the mood exactly replicate “m²”'s philosophy: it is modern, functionally convenient and equipped with innovative technologies. However, the main thing here is the mood, the attitude towards potential customers, taking care of their comfort and time.Visiting it just once makes it possible for you to own a new apartment within an hour. You will not even have to think much about it, because with the innovative technologies used in the showroom you will accurately create an idea of ​​m²'s latest ambitious plans. In the lobby there stands a model of m³, it is placed on the so-called video wall that lets you track cars and people moving between complexes, players in stadiums or playgrounds. The model will create a mood to see better and to feel where your home is.The new gallery of m², generally in the field of sales, is an example of a revolution that completely breaks old standards and brings a new culture to life thanks to modern technology. Just imagine that you have family, children, which means you need more than one bedroom, a separate kitchen, and other extra space. Also, you prefer a specific floor, entrance, and view. In this case, you will apply the filtering method and only select the apartment that suits your needs. This is where the real magic begins - as soon as you confirm your choice, the windows of your future apartment will illuminate on the model of the complexes placed in the lobby. Then you will be able to determine what view opens up from your apartment, what is the sun's trajectory, and so on.You will pass through a central lobby and you will find yourself on a sort of "floor" where you will find not only natural size models of the apartments but also fully equipped ones. You only have to choose whether at this point you need a 27-square-meter apartment or you are ready to move into a 90-square-meter apartment with your family; here you will also find five types of the renovation made by&nbsp;m²: designers: Muscat, Cinnamon, Vanilla, Ginger or Pistachio. You are not satisfied with the menu listed? Then you have to move to the second floor and enjoy the services of the company's experienced designers, who will show you a great choice of interior materials and in the shortest possible time, they will create a completely new apartment tailored to your needs.After selecting the size and the type of renovation, it is time to purchase it. You will not have to spend too much time and energy on this, as you will get banking and all kinds of legal services on the ground. After that, you may not even think about the apartment for a while, because when the time comes,&nbsp;m² will hand you the keys to the ready-made apartment and you will open the door to a new phase of your life. This is unavoidable, as the impression received in the&nbsp;m² gallery will create you an irrevocable wish to travel till the end of this journey.

m² has opened the new sales office

m²-მა გაყიდვების ახალი ოფისი გახსნა

On August 26, “m² Real Estate” and “Rugby Union of Georgia” signed Memorandum of Cooperation, as a result of which, m²&nbsp;has become the sponsor of the Rugby Union and the Rugby National Team. The signing ceremony was held at Avchala Rugby Stadium. The event was attended by representatives of m²&nbsp;and the Rugby Union. The main goal of the corporate social responsibility strategy of the company is to create a comfortable, healthy and safe environment. The projects implemented by them in different directions serve to this very goal. For the purposes of promoting a healthy lifestyle, m²&nbsp;has been funding the rugby club “Lelo” for years, as well as the regional football in Telavi and Zugdidi. From now on, the company has also become the sponsor of the Georgian Rugby Union. “It’s a very important day for us. I am pleased and proud that from now on the name of m²&nbsp;will also be associated with the success of the Georgian Rugby. Rugby is not just a sport; it is a great team struggling for the victory, a family that has become an integral part of the Georgian culture. The core values bind us with the rugby, namely, teamwork and a constant rush of winning. We believe that our cooperation will be multilateral and together we will make significant changes both to the development of sports and the history of building this country”, - says Shota Berekashvili, Managing Partner of&nbsp;m² and CEO of BK Construction.

m²  has become the sponsor of the Georgian Rugby Union

“m² Real Estate” has become the sponsor of the Georgian Rugby Union

„m² უძრავი ქონება“ საქართველოს რაგბის კავშირის სპონსორი გახდა

“BK Construction” held the reception for the first graduating students of its construction college “Construct2”. This event took place at the construction site in “City Mall”. In addition to the quality construction, the main priorities of “BK Construction”, the company with a 26-years experience in the construction field, are the professionalism of its employees, the teamwork skills and the loyalty to labor safety standards. The construction college "Construct2" was created to strengthen the existing approaches and values ​​and to add additional qualified staff to the labor market. After graduating from the college the graduates will be employed in the construction sites of “BK Construction”.

Reception of the students of Construct 2

Reception of the students of “Construct 2”

„კონსტრუქტ2-ის“ სტუდენტების ობიექტზე მიღება

"m² Real Estate" opened its first regional office of sales in the city of Batumi, in Luka Asatiani Street, # 13. The decision on opening Batumi office was taken in order to provide more comfort and to facilitate the communication with existing and potential clients. Currently, there are four sales offices of&nbsp;m² in Batumi and Tbilisi. In modern standards spaces any interested person will receive comprehensive information on the characteristics of current and planned projects, services and other details. There they will be able to get consultation with the sales manager, sign a contract and get useful information or offers. The sales offices will work from Monday to Friday, from 10:00 to 19:00 and Saturday from 10:00 to 16:00. In the sales offices one can also get the services of “m² Rent”. This service is specially designed for the residents of&nbsp;m² and provides rental, selling and maintenance of the apartments in their possession. “m² is constantly developing. There are more than 3500 residents currently living in our complexes. We are pleased to see that the number of the consumers increases from year to year and it is necessary to have timely and flexible communication with them. That's why the new sales office in Batumi was opened. From now on, our potential customers living in the region will easily get the desired service. Of course,&nbsp;m² is not going to stop and in future it plans to simplify the sales system &nbsp;in order to create more comfort to customers, which implies the adoption of new and innovative technologies”, - says Shorena Darchiashvili, Deputy Director General of “m² Real Estate” in the field of the sales and the marketing.

m² opened its first regional office in Batumi

m²-მა ბათუმში პირველი რეგიონალური ოფისი გახსნა

m²&nbsp;organized the first football championship among the residential complexes in order to promote sports activities and to popularize healthy lifestyle. The competition was held during two weeks and 51 residents from five residential complexes took part in it. “The championship has been held for the first time this year and we are glad that the idea proved a success. This competition has caused a great interest and involvement among the residents. The activities of this kind assist in rallying the people with different interests around one purpose. That was our objective. We care about our residents and we try to adopt healthy lifestyle in our residential complexes,” said Nato Bochorishvili, Deputy Director General of&nbsp;m²&nbsp;in the field of the property management.

m² football championship

m²-ის საფეხბურთო ჩემპიონატი

To mark the International Children's Rights Day, IKMA Georgia organized an event for small residents of m², in which, the training about the safe use of the lift was conducted for children. There were staged theatrical performances, depicting the rules of the use of the lift and the safety norms in different situations.&nbsp;The adults were actively involved in this event together with children following a detailed instruction. IKMA Georgia is an official distributor of the Finnish premium quality KONE lifts in Georgia, providing services to the residents of&nbsp;m² residential complex.

Children’s activities  About safe use of the lift

Children’s activities – About safe use of the lift

ბავშვთა ღონისძიება - ლიფტით უსაფრთხო მგზავრობის შესახებ

"Kempinski Hotels" has signed a management agreement within the framework of the hotel network development with "m²&nbsp;Real Estate". The hotel, consisting of at least 95 rooms and suites, is set to open in Q3 2020 in Tbilisi, Mtatsminda. Generosity is at the very core of this property’s design, since the hotel will offer the largest guest rooms in the city – minimum 40 sq. m. and luxuriously spacious suites. To make the most of the spectacular views, guests will be able to venture onto the exclusive rooftop terrace, or quietly take in their surroundings from the comfort of their own private terrace.&nbsp; Positioning "Kempinski" as a culinary hub both for locals and tourists, the facilities will include a range of exclusive gastronomic experiences. Built into the neighbouring mountain, the enoteca wine bar will invite guests to discover the best of wines from Georgia and further afield. As well as boasting unparalleled views of Tbilisi old town, the rooftop restaurant and bar will host live cooking stations and a VIP area and private dining terrace. A lobby lounge, cigar lounge and elegant club area will give guests the opportunity to relax and enjoy the moment. Additional leisure facilities including a pool, sun deck, and state-of-the-art fitness centre will complement the fully-equipped 500 sqm spa, inviting guests to unwind in true luxury and style.&nbsp; Nestled at the foot of the majestic Mount Mtatsminda, guests will be able to immerse themselves in the untapped historical charm of Tbilisi’s wooden houses, hanging balconies, cobblestone streets and local shops. Visitors will be spoilt for choice since the emblematic Freedom Square, protected monuments, numerous historical sites, and the Georgian parliament, will be only a short distance from the property. “We are extremely pleased to partner with Kempinski Hotels for this impressive luxury project. Kempinski is world-renowned for its expertise in managing premium residences and hotels. Together we will take luxury experience in Tbilisi to new levels,” said Irakli Burdiladze, CEO of JSC&nbsp;m²&nbsp;Real Estate. “Our approach will see this property not only attracting guests from Georgia’s closely located Eurasian or neighbouring countries such as Turkey or Russia – markets where Kempinski Hotels has already a strong brand reputation – but also for global visitors who are looking to be delighted by the city. In this respect, we are proud to be able to support Tbilisi’s efforts to establish the city as a real leisure destination with a focus on heritage sights, gastronomy and culture.”&nbsp; “Following our 18 per cent pipeline growth last year, I am very pleased to announce that we continue this positive trend in 2019. Yet again we demonstrate our pioneering spirit by offering the first true luxury hotel in the beautiful Georgian capital of Tbilisi,” said Bernold Schröder, Vice-Chairman of the Management Board and Chief Operating Officer Europe of Kempinski Hotels. “With the number of key differentiators, including our exclusive location, high suite ratio, a large number of rooms with private terraces and the limited number of keys, I am confident that we will swiftly become the market leader in our segment.” About „Kempinski“: Established in 1897, "Kempinski Hotels" is a group of high-end hotels of Europe with long experience. "Kempinski’s" rich legacy of incomparable services and excellent hospitality is accompanied with exclusivity and individuality. Currently, "Kempinski" operates in 34 countries managing 78 five-star hotels and residential complexes and continues to expand the network of hotels in Europe, the Middle East, Africa and Asia. Each hotel reflects the brilliance and the success of the brand of “Kempinski”. The portfolio includes historic objects, multi-awarded hotels, excellent resorts and prestigious residential houses. Each project includes the quality that is expected from "Kempinski"; at the same time, each hotel envisages the traditions of its location. "Kempinski" is the founder and the member of Global Alliance of Hotels (GHA), which represents the largest alliance of independent hotels brands.

Kempinski will offer guests the highest standard of service

"Kempinski" will offer guests the highest standard of service in the heart of the city

„Kempinski“ დამსვენებლებს ქალაქის გულში მომსახურების უმაღლეს სტანდარტს შესთავაზებს

UNICEF’s Regional Director for Europe and Central Asia Afshan Khan visited a specialized family type house for children with severe and deep disorders. m² Real Estate fully funded the construction of a specialized family type house. The family type house was opened with the support of Ministry of Internally Displaced Persons from the Occupied Territories, Labor, Health and Social Affairs of Georgia, USAID and UNICEF. Specialized family type services provide round-the-clock individual nursing services and rehabilitation for children with severe and deep disorders, facilitating their physical, functional and social development.

Afshan Khan visited a specialized family type house

აფშან ხანი სპეციალიზებულ საოჯახო ტიპის სახლს ესტუმრა

m²&nbsp;Real Estate hosted a famous Italian architect Michele De Luca’s master class at Rooms Hotel Tbilisi. The master class was dedicated to the topic of future architecture. Within the hotel network development program,&nbsp;m² carries out large-scale projects in different regions of Georgia and Italian architect’s visit to Georgia was dedicated to this issue. Mr. Michele De Luca is helping&nbsp;m² in projecting the construction of new hotels in Telavi and Akhasheni. The name of the famous architect is associated with a number of large-scale projects worldwide. He is an honorable professor of Venice and Milan Design Schools and an owner of multiple awards. "I am extremely happy that Mr. Michele De Luca agreed to conduct this master class during his visit to Georgia. His vision was undoubtedly interesting to the professionals in the construction, architecture and design areas. We have been cooperating with Mr. De Luca on projecting Telavi and Akhasheni hotels and we do believe that both projects will be of historic importance for the region and another step made forward for the development of tourism sector in Georgia’’, says Mr. Irakli Burdiladze, director general of m².

Masterclass ‘’Future Architecture’’ by Michele de Lucchi

მიკელე დე ლუკის მასტერკლასი მომავლის არქიტექტურაზე

მიკელე დე ლუკის მასტერკლასი „მომავლის არქიტექტურაზე“

New specialized small group home opened for children with severe and heavy disorders by the Ministry of Displaced Persons from Occupied Territories Labour, Health and Social Affairs of Georgia, USAID and UNICEF. The company&nbsp;m² Real Estate also joined the project by fully funding the construction works of the specialized small group home service building. Davit Sergeenko, Minister of Displaced Persons from Occupied Territories, Labour, Health and Social Affairs of Georgia, Hassan Hallil, UNICEF representative in Georgia, Adam Shmidt, an acting director of USAID and Shota Berekasvhili,&nbsp;m² managing partner visited the service and opened it officially. Specialized small group home service is a transitional service for under age children with severe and heavy disorders who are under state care and who have difficult health problems. The service aims to provide care which is tailored to the individual needs of these children, provide psycho-social assistance and create adequate conditions for the development and social inclusion of children.Specialized small group home service provides 24-hour care service and health monitoring programs for children to facilitate the development of their physical, functional and adaptation skills.

Small Group Home opened in Tbilisi for Children with Disabilities

შშმ ბავშვებისთვის თბილისში საოჯახო ტიპის სახლი გაიხსნა

The event was held at Telavi Vazha Pshavela State Drama Theater (Erekle II Ave. 7). m2&nbsp;partner organizations, local and central government officials and media attended the official presentation of the Project.&nbsp;The company plans to construct the new hotel in Telavi by dismantling the old and currently non-functional building on the territory of the hotel "Introurist". The project will focus on the historic value of the area, its functional part and architectural compatibility with Telavi.&nbsp;"We have made a thorough analysis of all materials from architectural as well as historic point of view. For many years, the hotel Intourist was a nonfunctional structure, however, the unique and historic wine cellar of the Vakhvakishvili family will be retained with our efforts, it will acquire a new life and will continue functioning under its historic title, which will be an important factor for tourism development or history preservation" – says Irakli Burdiladze, m2 general director.&nbsp;New, state-of-art and modern standard hotel concept will be based on the wine and gastronomy topic. Italian architect Michele De Luca will also consider architectural compatibility of the hotel with the city (low building and visual characteristics). The architectural model preserves the Vakhvakhishvili Castle concept. The hotel will have 130 rooms with exquisite interior and views, 2 swimming pools, restaurants and what’s more important, the Vakhvakhishvilis Wine Cellar, which will return us to the history. Total value of the investment is 40 million GEL. Up to 140 people will be employed on the hotel construction and more than 150 locals as an operating staff. Project will complete in the first quarter of 2021.

Presentation of the New Hotel Project Concept in Telavi by m2 Real Estate

m²მა თელავში ახალი სასტუმროს პროექტის კონცეფცია წარადგენა

m²-მა თელავში ახალი სასტუმროს პროექტის კონცეფცია წარადგენა

m² has presented a new hotel project in Kutaisi, based on which it intends to sign an agreement with the Wyndham Hotel Group to operate the aforementioned property under the Ramada Kutaisi brand. The presentation ceremony was attended by representatives from m²’s partner organisations, local and central government, as well as the media. The Ramada brand is part of the Wyndham Hotel Group, which is the world’s largest hotel network, operating 9100 properties in 80 countries under 21 brands. The new hotel will be built in the centre of Kutaisi, near the White Bridge. The 125-room property will stand out through its interior and panoramic views. The total investment value of the project is GEL 30 million. Up to 250 people will be employed in the process of building and operating the hotel. The project is due to be completed in the final quarter of 2020. The project will ensure the new international hotel’s historic and architectural compatibility with the surroundings. “Due to its unique sights, Kutaisi is an attractive destination both for local and foreign tourists. It has a great potential for further development in this area. A new international hotel brand in the centre of Kutaisi, which will satisfy all modern standards, will not only help enhance tourism, but also create jobs for the local population. We believe that such a large-scale investment is highly significant for the economic development of the region as a whole. The concept of the project is part of m²’s corporate social responsibility policy,” stated m²’s Director General Irakli Burdiladze.

m² Presents the Ramada Kutaisi Hotel Project

m²მა ახალი სასტუმროს პროექტი წარადგინა

m²-მა ახალი სასტუმროს „რამადა ქუთაისის“ პროექტი წარადგინა

m² Real Estate has inaugurated the Construct2 civil engineering college. The official ceremony was attended by representatives from m², BK Construction, local government bodies and the media. The project aims to train professionals for the construction sector and help create jobs. The inauguration ceremony was also attended by the Deputy Minister of Economy and Sustainable Development Genadi Arveladze.&nbsp;Construct2 represents a joint project by the Georgian Ministry of Education, Science, Culture and Sports and the development firm m². Its total investment value is GEL 3 million.&nbsp;Each year, the college will train up to 600 certified specialists through 11 short-term professional programmes, as well as labour safety and environmental technology specialists through the state programme. As part of the project, the college will provide employment for up to 50 academic and up to 30 administrative staff.&nbsp;The civil engineering college, which will admit its first batch of students in 2019, represents an m² corporate social responsibility project, which aims to develop the construction sector by strengthening education, as well as help create jobs for the local population. The college will provide young people with the opportunity to channel their potential in the right direction and establish themselves as professionals in their field.&nbsp;"We will do everything to ensure that our students attain both theoretical knowledge and practical experience at the highest level, and establish themselves as a leading workforce on the labour market. We firmly believe that our college will soon become an internationally significant institution of professional learning. This will significantly encourage the students who are interested in civil engineering and stimulate development of this sector in Georgia,” stated m²’s Director General Irakli Burdiladze.&nbsp;Construct2 was co-founded by BK Construction (known as BK Capital prior to rebranding), which became an m² subsidiary company in 2017 upon deciding to focus on construction management.

m² Inaugurates the Construct2 Civil Engineering College

კომპანია m²მა სამშენებლო კოლეჯი გახსნა

კომპანია m²-მა სამშენებლო კოლეჯი კონსტრუქტ2 გახსნა

m² Real Estate presented the concept of an international hotel brand in Zugdidi. If implemented, the new hotel will become the first international brand in Zugdidi. Furthermore, the concept of the hotel blends in with the city’s architecture and stands out through its location. The project includes 130 rooms with modern equipment and design. Providing employment for the local population is a crucial factor, with more than 200 jobs being created in order to operate the hotel. The total investment value of the project is GEL 30 million.&nbsp;&nbsp;&nbsp;“This will be the first international hotel brand in the city. The project is highly important for regional economic development, and specifically for the purpose of attracting tourists. Zugdidi has a great development potential. At the same time, investment worth GEL 30 million guarantees employment, which makes this initiative even more important for the local population. In accordance with our corporate culture, we presented our concept to all the stakeholders prior to the start of construction. Feedback received prior to the start of each project is important for us,” stated m²‘s Director Genral Irakli Burdiladze. Discussion about the details of the hotel project will continue as part of the city’s general plan. Construction of the hotel, as well as the implementation of other new architectural projects, will be possible after the approval of the General Land Use Plan for the City of Zugdidi.

m² presented the concept of an international hotel brand in Zugdidi

m²მა ზუგდიდში სასტუმროს პროექტის კონცეფცია წარადგინა

m²-მა ზუგდიდში სასტუმროს პროექტის კონცეფცია წარადგინა

The company “m²” announced the start of construction of a new residential complex “m² at&nbsp; Hippodrome 2” in July 2015, and construction work began in the same year. Instead of October 2018, the company began the phased handover of the renovated property for approximately 800 families ahead of schedule on August 23, and the official opening of the residential complex took place on October 4. The “m² at Hippodrome 2” complex is located at 10 Kartozia Street. The project boasts a convenient and attractive location. For safety purposes, the complex is equipped with a fire protection system that complies with international standards, including fire-resistant doors in the entrances. The complex's energy efficiency reaches 23%, which allows residents to save on utility bills. It is worth noting that the complex is fully adapted for people with disabilities. One of the advantages of the complex is its 4-level parking lot, which is designed to accommodate the number of apartments. Commercial premises for various types of trade and services are planned from the side of Antonovskaya and Kartozia streets, which will create additional comfort for the residents of the complex. The complex has a modern two-story kindergarten. In addition, between the first and second buildings there are landscaped playgrounds and recreation areas, as well as a sports ground. Residents of “m² at Hippodrome 2” complex will be offered fully renovated apartments with Italian kitchens, built-in gas stoves, ovens, and extractor hoods. Importantly, each apartment owner had the opportunity to choose their own interior design and renovation materials from leading global brands. The range of services after commissioning includes round-the-clock security, cleaning of entrances, elevators, and courtyard areas, landscaping, as well as comfortable rental services from m2 Rent. It is worth noting that the “m² at Hippodrome 2” project was funded by the International Finance Corporation - IFC (7.5 million USD) and the South-East European Green for Growth Fund - GGF (7.5 million USD). The total cost of the project amounted to 60.6 million USD. 98% of the apartments in the complex have already been sold. According to GGF Chairman Olaf Zymelka: "GGF is honored to participate in a project that promotes energy-efficient housing in Georgia. Such projects set a precedent for the development of sustainable and more inclusive housing in Georgia. It would be great to see more projects like this in Georgia, aimed at efficient use of resources and reducing dependence on fossil fuels." ‘m² at Hippodrome 2’ is the eighth successful and most large-scale project implemented by m².

 Largest complex “m² at Hippodrome 2” officially opened.

m² იპოდრომთან 2 ოფიციალურად გაიხსნა

ყველაზე მასშტაბური კომპლექსი m² იპოდრომთან 2 ოფიციალურად გაიხსნა

„m² Real Estate“ company and Giga Gigashvili, head of Environmental Protection Service of Tbilisi Municipality announced completion of the first stage of rehabilitation works of Mtatsminda hill destroyed by fire. m² conducted a green activity on that day, which included planting of bushes on the territory. Employees of “Mtatsminda Park” administration and company “Dio” took part in the activity, as well as students of the Georgian International University. The first stage of rehabilitation and reforestation of Mtatsminda slope financed by „m² Real Estate“&nbsp;included building terraces and tracks on the area of 26 000 sq. m., planting 3 000 units of 8 varieties of plants and installation of irrigation systems. These works, conducted by “National Building Enterprise” which won the tender, were completed successfully. The next stage, based on a project by specialists of the National Botanical Garden includes care and protection of the territory, will also be financed by „m² Real Estate“. The goal of rehabilitation and reforestation project of the Mtatsminda fire-destroyed hill was to create a biodiverse and self-replenishing environment on the territory. This project conducted by m² received the main CSR prize of the year.

The First Stage of Mtatsminda Hill Rehabilitation Successfully Completed

მთაწმინდის ფერდობის აღდგენის პირველი ეტაპი წარმატებით დასრულდა

Vazha Pshavela reading room and a new registration space was opened in the National Parliamentary Library of Georgia. Their creating was financed by „m² Real Estate“ company. The reading room will feature rare editions of Vazha Pshavela’s works, which will add a museum function to the room.&nbsp; The memorandum for creation of the Vazha Pshavela reading room was signed between „m² Real Estate“ company and National Parliamentary Library of Georgia on April 7 of the previous year. A new registration area for the National Library was also created as a part of memorandum, where the library visitors will be able to receive their library passes in a comfortable and pleasant atmosphere. “We are glad that new space, the Vazha Pshavela reading room was added to the National Library, with our support. Visitors will be able to read in a cozy and comfortable environment and have access to rare editions of the brilliant author. It should also be noted, that with support of m² the National Library will have a new registration area” – said the general director of m² Irakli Burdiladze.

Vazha Pshavela reading room was opened in the National Library with the support of m²

m²ის მხარდაჭერით ეროვნულ ბიბლიოთეკაში ვაჟა-ფშაველას სამკითხველო გაიხსნა

m²-ის მხარდაჭერით ეროვნულ ბიბლიოთეკაში ვაჟა-ფშაველას სამკითხველო გაიხსნა

“m² Real Estate“ celebrated the World Environment Day by installing the city’s 50th electric vehicle (EV) charger, which was gifted to the residents of the m² at Tamarashvili complex. m² is the general partner of the firm E-Space, and funds the establishment of infrastructure for electric vehicles across the country. The ‘More Oxygen for the City’ campaign aims to install 100 EV chargers in Georgia, thereby promoting ecologically clean means of transport in the country. In accordance with its corporate social responsibility, m² also promotes the use of electric scooters. Last year, 45 new residents were gifted electric scooters, which require no fuel, do not constitute a source of air pollution, and are completely noise-free. At the start of the ‘More Oxygen for the City’ campaign, there were only 50 electric vehicles registered in the country. At present, their number already exceeds 1000. EV chargers will be gradually installed in each residential complex and gifted to the residents.

World Environment Day and Installation of the 50th EV Charger

გარემოს დაცვის საერთაშორისო დღე და 50ე დამონტაჟებული ელექტროდამტენი

გარემოს დაცვის საერთაშორისო დღე და 50-ე დამონტაჟებული ელექტროდამტენი

On June 21, 2018, a children’s football tournament among teams from Kakheti region was held in Telavi, organized by "m² real estate" and football club "Telavi". 8 teams made up of 11-12 years old players took part in the "m² cup" - the teams were from Telavi, Akhmeta, Kvareli, Gurjaani, Lagodekhi, Sighnaghi, Sagarejo and Dedoplistskaro. The tournament was held Givi Chokheli Telavi stadium. In the course of the tournament, along with the top three teams, the best goalkeeper, defender, midfielder, forward, the top scorer, the best player and coach of the tournament were selected. Following a series of penalties, the third place was won by a team from Akhmeta, in battle for the first place children's teams from Gurjaani and Telavi played each other. Gurjaani team won the final game and became the owner of the "m² cup". The "m² real estate" company became the general sponsor of football club "Telavi" since March 1, 2018. One of the main directions of m²’s corporation social responsibility popularization of healthy lifestyle and support of local sports clubs. m² goal is to assist the Telavi soccer club to seek new talents and to advance in the premier league.

თელავში ბავშვთა შორის „m²-ის თასი“ ჩატარდა

A Kakheti children’s tournament, „m² Cup“ was held in Telavi

m² Real Estate has announced the purchase of a hotel in the winter resort of Gudauri. The company is investing a total of $7.2 million in the project, which is still under construction. The 134-room hotel will be completed by m² Real Estate’s construction company BK Construction. The hotel plans to welcome its first guests at the start of the winter season in December 2018. Hotel network development represents one of m²’s main strategic priorities. The company has announced plans to add up to 1000 new hotel rooms to the domestic market over the next three years. “I am delighted to announce that m² will be represented in one of Georgia’s premier resorts of Gudauri, offering holidaymakers the usual comfortable environment and high-quality service. This is an important development both for our company and for Gudauri itself,” states the Director General of m² Real Estate, Irakli Burdiladze.

m² Real Estate purchases a hotel in Gudauri

კომპანიამ m² გუდაურში სასტუმრო შეიძინა

კომპანიამ „m² უძრავი ქონება“ გუდაურში სასტუმრო შეიძინა

Organised by m² Real Estate, the inaugural children’s rugby festival took place at the Lelo Arena. A total of 8 teams composed of 11 and 12 year old players took part in the festival, including Lelo, Akademia, Armazi, Kharebi, Tbilisi, Tsikara and Vepkhvebi. Lelo were crowned as tournament champions. m² Real Estate has been supporting Georgian club rugby since 2017, when the company began sponsoring one of the country’s oldest and most successful club sides, the Lelo Saracens. The m² Rugby Festival took place for the first time, and the company has announced that it intends to turn the tournament into an annual event.

The inaugural m² Rugby Festival takes place at Lelo Arena

m²ის პირველი სარაგბო ფესტივალი ჩატარდა

m²-ის პირველი სარაგბო ფესტივალი „ლელო არენაზე“ ჩატარდა

The company “m² Real Estate” has become the general sponsor of Football Club Telavi. The agreement was signed today by CEO of m², Irakli Burdiladze, and FC Telavi’s Director General, Irakli Vashakidze. The event was attended by the Georgian Football Federation President, Levan Kobiashvili, and the Mayor of Telavi, Shota Nareklishvili. Promotion of healthy lifestyle and supporting local sports clubs forms a key aspect m²’s corporate social responsibility. The company aims to help FC Telavi source new talent and achieve promotion to the top division. “We are delighted to sponsor Football Club Telavi. It is important for m² to support local sports establishments. As you know, we are becoming actively involved in the hotel business, and we wish to expand in this field across the country. We have interesting projects planned for Kakheti in general, and the city of Telavi in particular. Based on our policies, we try to bring benefit to each area where we conduct a project. Today’s news confirms this fact,” stated Mr. Burdiladze.

m² Becomes General Sponsor of FC Telavi

m² საფეხბურთო კლუბ თელავის გენერალური სპონსორი გახდა

m² საფეხბურთო კლუბ „თელავის“ გენერალური სპონსორი გახდა

During her visit to Georgia, Ms. Katarina Mathernova, Deputy Director-General, DG NEAR, European Commission, visited a large-scale energy efficiency project implemented by the real estate developer m². The project was financed by the International Finance Corporation and the Green for Growth Fund, and supported by the EU. It is one of many EU-supported energy efficiency initiatives in Georgia. The visit examined the measures&nbsp;m²&nbsp;is able to implement in the buildings due to the support, which include improved building insulation, modern boilers and appliances, and better insulated windows and doors. For the apartments constructed as part of this initiative, the total expected annual savings of CO2 are equal to planting 210,000 trees each year. Speaking on behalf of the EU, Ms Mathernova noted: “The cheapest energy is the one you do not consume. As Georgia’s economy continues to grow, it is imperative to cut down energy use and harmful emissions, brining concrete financial benefits to the peoples, increasing their quality of life and climate protection. This is exactly what the EU, together with partners from International Financial Institutions, is helping to achieve in Georgia. We were here a year ago to launch discussions with the Government and other stakeholders on how to advance reforms enabling investment boost in energy efficiency. I am glad to be back to map out concrete steps with the government and development partner on this, but also to see that we are already on track in delivering benefits of energy efficiency to the citizens, as this project shows.” m²’s Deputy General Director, Shorena Darchiashvili stated: "Since 2014,&nbsp;m²&nbsp;has been setting the standards for building energy-efficient complexes in Georgia. Caring for the environment is a key part of our corporate social responsibility. By constructing energy-efficient complexes, our company is saving a significant amount of resources.”Green For Growth Director Olaf Zymelka, who accompanied Mrs Mathernova on the visit, stated: “The GGF has supported energy efficient buildings in Georgia since 2014 and the&nbsp;m²&nbsp; project is a prime example of the fund’s commitment to energy savings and CO2 reductions in the country. We are very pleased that the European Commission, a long-standing partner of the fund, is on site to visit this project and further show their support of the fund’s work to enhance energy efficiency and foster renewable energy.” In order to benefit from the GGF and EU support,&nbsp;m² was required to develop apartment buildings at least 20% more efficient than those built to standard Georgian construction practices. In return they received a USD 11.5 million loan, which took first risks for the investment, making it easier to raise capital from other lenders. The GGF also provided technical assistance to conduct energy audits and identify the most efficient manner to meet high energy standards.

EU highlights energy efficient construction project in Tbilisi

ევროკომისიის წარმომადგენლების ვიზიტი m²ის მშენებარე ობიექტზე

ევროკომისიის წარმომადგენლების ვიზიტი m²-ის მშენებარე ობიექტზე

The first stage of reforestation process of the wildfire-damaged Mtatsminda plateau has begun. The company “m² Real Estate,” which is funding the aforementioned project, held a tree-planting session on the plateau, which involved volunteers from the general population, as well as employees of various organisations. In order to maximize the engagement of the volunteers, m² established the platform <a target="_blank" rel="noopener noreferrer nofollow" class="underline cursor-pointer text-blue-500" href="http://www.gaamtsvane.ge">www.gaamtsvane.ge</a><a target="_blank" rel="noopener noreferrer nofollow" class="underline cursor-pointer text-blue-500" href="https://gaamtsvane.ge/">.</a> The website provides detailed information about the Mtatsminda plateau reforestation project (both past and future activities). The platform will also notify users about all the activities where volunteers can become involved. Employees of the Mtatsminda Park Administration and the Georgian Social Workers’ Association, as well as ordinary citizens, have become involved in m²’s reforestation project. The Mtatsminda plateau reforestation project, which was prepared by specialists from the National Botanical Garden of Tbilisi on behalf of m², aims to fully reforest a 26 000 m2 section of the plateau and create a biodiverse environment on the said area.

1 JUN, 2026

m² X LIB.GE – FEATURING GIORGI KEKELIDZE AND ALEKSANDRE LORTKIPANIDZE