Real-estate arm of Georgia Capital, m² is the country's largest residential developer, indirectly listed in London. Volume, governance and banking rigour define the brand.
Founded in 2006 within Bank of Georgia, m² delivered its first Tamarashvili project in 2013. The brand grew into a vertically integrated developer (land, construction, sales, management) with over ten completed communities in Tbilisi and a rolling pipeline of 3,000-5,000 units.
Backed by Georgia Capital (LSE: CGEO), m² publishes audited quarterly accounts. Gross margins of 25-30%, controlled leverage. This is the safest signature on the market for a cautious foreign investor.
Excellent reputation on delivery and after-sales. Critical reviews focus on prices 10-15% above competitors, justified by build quality and the strength of the parent structure.
m² Real Estate has a delivery record broadly in line with announced schedules, with occasional 3-to-9-month delays on specific projects. We always verify permit status, site progress and financial health before any reservation.
Yes. Reservation is signed via notarised power of attorney from your country. International wire is standard and our team handles the Public Registry filing without requiring your travel to Georgia.
The Georgian statutory builder warranty applies (10-year structural, 2-year finishes). m² Real Estate typically adds a dedicated after-sales service for foreign buyers, with English and Russian support.
TBC Bank and Bank of Georgia lend to non-residents with 30-40% down payment, indicative USD rate 8-11%. m² Real Estate also offers in-house payment plans over 12-36 months, interest-free during construction.
On aparthotel and select premium projects, in-house or delegated rental management is offered at 20-25% fees. On purely residential projects, an external operator is required.
Independent profile written from public sources (Georgian Public Registry, developer reports, industry press) and our own field experience. Not sponsored by the developer named.