Over the past few years, the development industry has advanced to meet the ever-changing needs, requirements, and expectations of a modern homeowner, prioritizing not just residential spaces but also a more inclusive living experience. Today’s homebuyers seek more than just an apartment—they aspire to a lifestyle enriched by uniquely designed recreational areas and social hubs, with a strong emphasis on safety and well-being. This is precisely why real estate developers around the world are embracing modern trends, and Georgia is no exception. Among the leading real estate developers there is the Georgian company Metropol, which has showcased its expertise and visionary projects at up to five local and international exhibitions. Moreover, in recognition of its commitment to innovation and excellence, Metropol received three prestigious international awards in 2024, further solidifying its status in the industry.
Last year, in Saudi Arabia, Metropol participated in CITYSCAPE GLOBAL SKA 2024, one of the world’s largest and most prestigious real estate exhibitions. The event hosted over 200 leading companies, both local and international, showcasing remarkable projects with a combined value of up to $50 billion.
Mamuka Imedashvili, Deputy CEO of Metropol: “The future of living – this was the central theme of Riyadh exposition, and as a company driven by a futuristic vision, we were extremely proud to present our unique projects and concepts that align with the exhibition’s outlook. The Riyadh exhibition provided us with valuable opportunities to form business relationships while attracting international investors to the Georgian real estate market. Platforms such as CITYSCAPE GLOBAL SKA 2024 are essential for gaining valuable insights into global trends, cutting-edge technological advancements, and creative approaches, all of which will then be integrated into our future projects. At the same time, we also had the privilege to share our knowledge and expertise with developers and international agents, gathered in Saudi Arabia, at the Riyadh exhibition.”
In our company, we strongly believe that in a market full of real estate developers, an individual approach, quality, and a commitment to innovation and creativity are what clearly distinguish Metropol from its competitors. Our core priority lies in our desire to create living spaces that smoothly align with our residents’ needs, ensuring that everything we offer enhances their overall experience to perfection. With this vision in mind, Metropol presented six of its latest projects to the international community at another large-scale exposition in Armenia, Yerevan, in October 2024. The prestigious TOON EXPO hosted over 3,000 industry experts, providing them with a dynamic platform for both – presentations and collaborations. Furthermore, Metropol showcased its industry expertise with a dedicated stand in the Meridian exhibition space, once again strengthening the company’s presence on the global stage.
“The interest in Metropol’s projects was exceptionally strong. We had the opportunity and privilege to present our comprehensive portfolio to event attendees, highlighting residential complexes in various areas of Tbilisi, as well as unique, concept-driven constructions currently underway in Batumi. Besides our residential offerings, investment potential was another key topic of discussion. We not only showcased Metropol’s initiatives but also emphasized Georgia’s vast economic potential. We believe that raising international awareness of our country’s prospects and capabilities plays a crucial role in both – investment and economic growth.” – adds Mamuka Imedashvili, Deputy CEO of Metropol.
Earlier in 2024, Metropol participated in yet another international real estate exhibitions in Shanghai and Tbilisi. Making its debut at Georgia’s premier development industry event, Metropol presented a diverse portfolio of residential, investment, and suburban projects. The company also highlighted its comprehensive construction cycle, offering local and international attendees a deeper insight into Metropol’s modern approach to real estate development.
“While international expositions are indeed essential, local exhibitions play an equally significant role when it comes to the company’s overall reputation. These events provide a valuable platform for direct communication with Georgian consumers alongside industry peers. Everyone would agree that the development process is inherently complex, requiring careful consideration of every aspect – from land selection and architectural planning to design, energy-efficient materials, and modern international development practices. By sharing these insights, we empower our future residents and real estate investors to make educated, well-thought-out, and informed decisions. At the same time, these exhibitions provide us with a valuable opportunity to gather direct feedback from consumers, gaining a better and deeper perspective on their particular needs and expectations.” – says Mamuka Imedashvili, Deputy CEO of Metropol.
During these real estate exhibitions, Metropol proudly presented its vision and ongoing projects in two Georgian cities, Tbilisi and Batumi, including developments that have received international recognition this year.
The local development market of Georgia recognizes Metropol as an innovative leader, offering not only quality and energy-efficient construction solutions but also modern approaches and contemporary style. This strong commitment to excellence is underscored by the global recognition Metropol has already received. The company has successfully competed with real estate developers from some of the world’s leading countries. Last fall, Metropol was honored with one of the most prestigious global accolades – the International Property Awards. This particular award, in the category of Best Mixed-Use Development for Georgia, was received for the company’s ongoing project “Cube” that is currently being developed in Batumi.
“We take great pride in the fact that among hundreds of competitors, more than 80 independent experts from around the world recognized and appreciated “Metropol Cube” as one of the Best Mixed-Use Development for Georgia category. This important award acknowledges projects that exemplify innovation, creative design, and seamless functional integration across various aspects of urban development. The award ceremony, held in London, provided us with a platform to present not only “Metropol Cube” but also our broader portfolio. A dedicated exhibition space was allocated for award winners, giving us the opportunity to further showcase our vision and ongoing developments to an international audience.”
“It is worth mentioning that this award marks Cube’s second international accolade this year, since just months ago, Metropol proudly received the Titan Award. Our team’s dedication and tireless pursuit of excellence made it possible to earn the trust and recognition of a jury consisting of esteemed industry professionals” – says Mamuka Imedashvili.
In 2024, Metropol achieved yet another milestone by receiving the prestigious Luxury Lifestyle Award and earning the title of Best premium Hotel in Georgia for “Metropol Oval”. The internationally renowned Luxury Lifestyle Awards, which evaluates only the finest products and services worldwide, cited “Metropol Oval’s” impeccable reputation and utter commitment to quality as key factors in their decision. Being selected from an array of outstanding projects from over 100 countries, “Metropol Oval” has solidified its status as a standard of luxury and sophistication on the global stage.
Currently, Metropol is a proud recipient of three prestigious international awards. With a portfolio consisting of six ongoing and six upcoming projects, this Georgian real estate development company continues to shape the future of urban living. Among its ongoing developments, “Metropol Bagebi”, located along the road connecting Vake and Tskneti, is nearing completion. Future residents are expected to receive their completed apartments in early 2025, gaining access to a sophisticated living environment where contemporary meets breathtaking panoramic views – one of the complex’s most distinguishing features.
As the largest residential project in Tbilisi, “Metropol Kavtaradze” redefines urban living with its expansive one-hectare recreational zone. Designed to mix modern architecture with a community-oriented environment, this development features two elegant high-rise building, consisting of 534 premium apartments. Beyond its green spaces, “Metropol Kavtaradze” offers tastefully designed social areas, including a dedicated kindergarten, making it a family-friendly atmosphere within the heart of the city.
Yet another addition to Metropol’s growing portfolio is “Metropol Ortachala”, located in one of Tbilisi’s most vibrant and tourist-frequented areas. Just a ten-minute walk from the city’s central avenue, this modern residential complex will feature two high-rise buildings, a spacious green yard, state-of-the-art sports facilities, and a range of cleverly designed communal spaces.
Meanwhile, in Batumi, “Metropol Oval” and “Metropol Cube” stand as conceptually distinct developments, constructed in partnership with Louvre Hotels Group – a major force in the global hospitality industry. Notably, Royal Tulip, the premium brand of Louvre Hotels Group, will make its debut in the Adjara region under Metropol’s exclusive rights, setting a new standard for luxury in the area.
Furthermore, Metropol is currently developing yet another premium residential complex in Batumi, named Parallel, offering an exceptional living experience. Strategically located on Abuseridze Street, this multi-apartment complex stands out for its breathtaking panoramic views and unparalleled convenience. Because of the strong market demand, 50% of the apartments in Block B have already been sold. Additionally, Metropol has recently launched pre-sales for Block A, inviting potential homebuyers to secure their place in one of Batumi’s most sought-after addresses.
About Metropol:
Founded in 2022, Metropol has quickly emerged as a major player in Georgia’s real estate industry, currently developing six ambitious projects across the country. In Tbilisi, Metropol is actively constructing three premium residential complexes: Metropol Bagebi, Metropol Kavtaradze, and Metropol Ortachala. In Batumi, Metropol Cube and Metropol Oval are currently under construction, with the latter set to host the 5-star Royal Tulip Hotel, a prestigious collaboration with the French hospitality giant – Louvre Hotels Group. Additionally, Parallel, a newly launched project in Batumi, will offer stunning panoramic views, redefining coastal luxury.
The total area of Metropol’s construction exceeds 545,000 square meters and includes 3,500 apartments. The development company employs up to 2,000 people, with a total investment volume of 1,050,000,000 GEL.
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