News


CW | VB Exclusively Appointed on Krtsanisi Residence

Published date : 24/05/2016


Cushman & Wakefield | Veritas Brown and Urban Development have signed a long-term exclusive lease agreement for the forthcoming Krtsanisi Residence development. The project will be developed in the Krtsanisi Residential area covering approximately 26,000 Sq.m.

The address was selected for its incomparable combination of geographical location and favourable climate zone. The development comprises a limited number of exquisitely designed Town Houses, Lofts and Villas with magnificent modern exterior. The project is scheduled to be completed in May 2017.

“The location of the asset is about as close to ideal as you could possibly desire, Krtsanisi is now becoming the new heartbeat of the city with its location, which allows an ecologically friendly, secure and private environment. The Krtsanisi Residence is our first project; in this regards, our idea was to create the High-level expectation in every detail, so we have involved internationally recognised companies to support this project, which significantly enhances the value of the development. A famous international architectural company Henning Larsen Architects has developed the concept and architectural design of the project and created environmentally friendly, energy efficient solution, that characterizes our project by a high degree of social responsibility, so when it comes to the residences we believe that there is no better place than Krtsanisi Residence. Said David Kvirikadze, Managing Partner at Urban Development.

 “We are delighted to be bringing our in-depth local and international expertise and market knowledge to one of the most prestigous real estate projects in the city. Considering the interest and growing demand to live in an ecologically healthy environment with close proximity to downtown, we consider Krtsanisi Residence to be one of the most desirable projects in the city.” –  Commented Nino Kipiani Country Director at Cushman & Wakefield | Veritas Brown.