RUSTAVELI PROPERTIES
Developer & contractor

Anagi: the contractor that built Tbilisi's skyline

Anagi is both a general contractor and a developer. Thirty years of experience, behind the capital's landmark towers and 5-star hotels.

Main city
Tbilisi
Founded in
1991
Projects
60
Delivered units
4,500
Under construction
1,200

History

Founded in 1991 by David Kervalishvili, Anagi executed Axis Towers, Radisson Blu Iveria, Biltmore, Tbilisi Public Service Hall and many public buildings. The group also runs its own residential developments in Vake and Saburtalo.

Leadership

  • David Kervalishvili
    Founder & CEO

Financial health

Solid group, diversified between public contracting and private development. Comfortable cash position, recognised technical expertise. Little speculative exposure.

Reputation

Reputation for technical excellence. Anagi projects are a benchmark on build quality and seismic compliance. Sales communication is more discreet than at marketing-heavy developers.

Pros

  • +Premium build quality
  • +Thirty-year track record, no default
  • +Central locations (Vake, Vera)
  • +Strict seismic standards

Cons

  • High pricing (premium segment)
  • Few long payment plans
  • Limited residential volume

Frequently asked questions

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Independent profile written from public sources (Georgian Public Registry, developer reports, industry press) and our own field experience. Not sponsored by the developer named.

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