Georgia strengthens investment links with Gulf markets at 2026 International Real Estate Forum

Georgia moved to deepen investment links with Gulf markets at the Georgia International Real Estate Forum 2026, held in Tbilisi from February 6–8. Organised by the Business Association of Georgia with developers Archi, NEXT Property and Biograpi Living and supported by the Government of Georgia, the three‑day event convened international investors, developers, public institutions and industry experts to discuss residential, commercial, hospitality and infrastructure projects open to foreign participation. Delegates examined regulatory clarity, project readiness and partnership development as Gulf and wider Middle East investors assessed Georgia’s expanding real estate and tourism pipeline.

"As a premier international platform for real estate, this forum is another testament to Georgia’s strengthening position on the regional investment map. Our success is driven by a robust national environment characterized by a favorable investment climate, liberal economic policies, and a low-tax regime - all of which foster vibrant economic activity,” Prime Minister Irakli Kobakhidze said during the forum.

Context and details

Official Georgian Government records cited at the forum show average annual economic growth of 9.2 percent over the past four years and 23.9 percent average annual tourism growth over the last six years. Preliminary data from the National Statistics Office of Georgia reported foreign direct investment of $533.2 million in the third quarter of 2025, nearly double year‑on‑year, underscoring sustained investor interest.

• Archi — The developer presented flagship assets including Grand Avenue, described as the largest urban development in Tbilisi, and secured exclusive rights to develop the area surrounding Sioni Lake with the Le Méridien Sioni Lake Resort & Spa near Tbilisi National Park at 1,100 metres above sea level. Archi, marking its 20th anniversary, holds an 18 percent market share, has delivered more than 1.5 million square metres, completed 55 projects and counts over 12,000 investors from 34 countries among its buyers. The company reported partnerships with more than 52,000 residents and flagged continued focus on GCC markets through tailored investor support and asset management services.
• NEXT Property — Showcased developments such as Tbilisi Oriental and Tbilisi Downtown and outlined expansion to 15 projects across Tbilisi, Batumi, Kenya, Spain and Dubai. NEXT said it has engaged investors from 65 countries and delivered more than 1 million m² of residential and commercial space, and maintains Arabic‑speaking sales teams and end‑to‑end investor services to support Gulf clients.
• Biograpi Living — Presented contemporary residential communities in Tbilisi and emphasised building to international technical standards. CEO Vasil Pkhakadze stressed partnerships with Schindler elevator systems, Schüco architectural solutions and façade materials supplier NBK to ensure safety, durability and long‑term operational efficiency.

Ilia Tsulaia, Founder and Chairman of the Supervisory Board at Archi, added: "The Forum highlighted the continued evolution of Georgia’s real estate market within a framework of governance, transparency and long-term planning. It was an opportunity to demonstrate the scale, standards and performance track record that underpin our sector, while strengthening dialogue with international investors, including growing interest from the GCC, who are seeking stability and sustainable growth in well-regulated markets.”

Outlook

Participants said the forum reinforced Georgia’s positioning as a gateway economy with free trade agreements covering the European Union, China, CIS countries and the United Arab Emirates — a combined market of about 2.3 billion people. Organisers and developers signalled ongoing dialogue between public institutions and private capital, and a pipeline of projects structured to attract Gulf capital through regulatory clarity, investor protections and market‑ready developments. With FDI rising and developer-led offerings scaled to international standards, Georgia aims to convert the forum’s momentum into concrete cross‑border partnerships in the year ahead.