Georgia strengthens investment ties with Gulf markets at the International Real Estate Forum 2026 | News
Georgia strengthened its position in the field of foreign investment this month as government leaders, property developers and international investors gathered in Tbilisi for the Georgia International Real Estate Forum 2026, held from February 6 to 8, to promote foreign participation in the country’s real estate and tourism sectors.
Organized by the Business Association of Georgia in collaboration with leading developers Archi, NEXT Property and Biograpi Living, and supported by the Government of Georgia, the Forum served as a coordinated platform that aligned public economic priorities with private sector development strategy.
The Forum was held at a time of increasing engagement from the Gulf and broader Middle East markets, as international investors assessed Georgia’s growing real estate and tourism pipeline. Within a governance framework shaped by regulatory reforms and investor protection, Georgia is positioning itself as a growth-driven and investor-friendly destination for foreign capital.
According to official data from the Georgian government, the country has recorded an average annual economic growth of 9.2 percent over the past four years and an average annual growth in tourism over the past six years. Preliminary data from the National Statistics Office of Georgia shows that foreign direct investment reached $533.2 million in the third quarter of 2025, almost doubling year-on-year, underscoring continued investor confidence in the country’s economic and regulatory environment.
Free trade agreements with the European Union, China, CIS countries and the United Arab Emirates provide access to a combined market of 2.3 billion people, also strengthening Georgia’s position as a strategic gateway economy connecting Europe and Asia.
Irakli Kobakhidze, Prime Minister of Georgia, said: “As a leading international real estate platform, this forum is further evidence of Georgia’s strengthening position on the regional investment map. Our success is driven by a robust national environment characterized by a favorable investment environment, liberal economic policies and a low tax regime – all of which promote vibrant economic activity.”
The three-day Forum brought together international investors, real estate professionals, public institutions and industry experts to discuss residential, commercial, hospitality and infrastructure projects open to foreign participation. Structured discussions focused on regulatory clarity, project readiness and partnership development, while the participation of Gulf and Middle Eastern markets reflected the strengthening of inter-regional investment ties between Georgia and the GCC.
Among the participating developer companies, Archi, #1 real estate developer in Georgia with an 18 percent market share, presented flagship projects, including Grand Avenue, described as the largest urban development in Tbilisi, and exclusive rights to develop the area around Lake Sioni with the Le Méridien Sioni Lake Resort & Spa, located near the Tbilisi National Park at 1,100 meters above sea level.
On the occasion of its twentieth anniversary, Archi has completed more than 1.5 million square meters and worked with more than 52,000 residents. The company has successfully delivered 55 projects with a further 31 developments; Archi sets a benchmark for excellence and integrates quality and innovation into every project it delivers. To date, more than 12,000 investors from 34 countries have invested in its projects. Archi confirmed the continued focus on the GCC markets through tailored investor support and asset management services.
Ilia Tsulaia, Founder and Chairman of the Supervisory Board of Archi, said: “The Forum highlighted the continued evolution of the Georgian real estate market within a framework of governance, transparency and long-term planning. It was an opportunity to demonstrate the size, standards and performance that underpin our sector, while strengthening dialogue with international investors, including the growing interest of the GCC, who are looking for stability and sustainable growth in well-regulated markets.”
NEXT Property showcased developments such as Tbilisi Oriental and Tbilisi Downtown, while highlighting its expansion to 15 projects in Tbilisi, Batumi, Kenya, Spain and Dubai. The company confirmed active involvement in the GCC markets, including the UAE and Saudi Arabia, supported by Arabic-speaking sales teams and end-to-end investor services. With investors from 65 countries and more than 1 million sqm of completed residential and commercial space, NEXT’s inter-regional footprint reflects its role in connecting Georgia to Gulf markets. The company also partners with international hospitality brands including Radisson and Wyndham, strengthening globally recognized standards in design and asset management.
Biograpi Living showcased its contemporary residential communities in Tbilisi, focusing on design-led development and long-term value for local and international buyers.
Vasil Pkhakadze, CEO of Biograpi Living, said: “International investors judge real estate not only by location, but also by construction quality and the standards behind it. At Biograpi Living, we are building global benchmarks from day one. We work with internationally recognized engineering and technology partners – including Schindler lift systems, Schüco architectural solutions and high-performance facade materials from NBK – to ensure long-term safety, sustainability and operational efficiency. Now interest from the Gulf and As broader international markets continue to grow, it is our responsibility to match that attention with developments that meet international expectations and retain value over time.”
The Forum concluded with an ongoing dialogue between developers, investors and public institutions, signaling continued momentum in the expansion of foreign participation in the Georgian real estate sector.
