Real estate company Simetria has officially concluded general contract on cooperation with Kazakh Business Group owning 60% of territory Shovi resort.
Pursuant to the contract Simetria will take care of the development of Shovi resort.
60% ownership of resort area provides basis for uniform and systemic development of the resort. Pursuant to the general plan, development will facilitate turning the area into new and unique tourist center.
“Simetria” plans to conduct fundamental examination of the area at first stage. Resort Shovi contains 16 unique mineral waters special climate, area surrounded by three mountain peaks and particular balneological and curative features. Studying of the area is planned to better demonstrate referred strong sides of the resort and Austrian and German consultants will be involved in the process for this purpose.
According to the statement of the company the project will be prepared for investment only after the aforementioned process and based on the preliminary analysis Shovi resort will attract approximately 60 mln USD of direct investment.“The project, with its scales and unique features, will become a new tourist center in Georgia, which will attract more than 56,000 high-income tourists annually. It is noteworthy, that we are talking about Racha, the lowest income region after Guria and attraction of a new type of holidaymakers will develop the economic condition of the region” –say the representatives of the company.
Developer Company Simetria participated in the selling exhibition of real estate “Area Expo 2018”. The event was held on March 30, 31 and April 1 in Expo Georgia and combined nearly 100 acting developers of Georgia in one space.
Simetria presented its projects at “Area Expo 2018”. Such different event in the field of real estate was held in Georgia for the first time. Guests of the exhibition got acquainted with the ongoing and completed projects of Simetria. In addition, they were given opportunity to select and purchase desirable residential, office or commercial areas on place for special terms and price. It is noteworthy that the representatives of the banks ensured the product availability on place.
The event was organized by the real estate service company “Area Group” aiming to introduce and establish international practice and standards on the real estate market.
Company Simetria took part in the exhibition GEOREX TBILISI 2018 held on September 15-16. The event consisted of several parts: on the first day presented companies met local and international brokers and defined the ways of future cooperation. At the same time round table was also held and Georgian real estate stock-exchange was discussed.
The second day of GEOREX TBILISI 2018 was dedicated to the foreign investors, who got acquainted with the program submitted by the participants. Participants of the event were given an opportunity to find new partners. Furthermore, they had the opportunity of submitting their own projects to the clients and professionals, local and international stock-exchange of real estate.
GEOREX TBILISI 2018 was held with the support of Tbilisi City Hall.
Developer Company Simetria opened the first brand hotel Best Western Kutaisi. The hotel is located in the historic center of Kutaisi and is a few steps away from the famous “White Bridge”. All of its 45 rooms are arranged in a cozy and modern style and is equipped with all elements necessary for the comfort, relaxation, rest and security of the visitors. Three universal conference hall located in Best Western Kutaisi provides all necessary facilities for business guests.
Best Western Kutaisi provides magnificent feeding facilities for the visitors as well. Café “Titsiani” located on the first floor offers delicious dishes and desserts to the guests during the day. The restaurant “Roof Top Grill” is located on the roof of the building which offers the guests not only traditional Georgian but grill-bar menu as well. Furthermore, restraint has beautiful and fascinating views of the city, that makes “Roof Top Grill” even more attractive place for having rest and relaxation.
Best Western Kutaisi is a part of the project implemented by developer company Simetria for the development of hotel regional network “12 Hotels in 12 Regions”.