Rising Stars

Real estate and construction (and projects) in Georgia

BGI Legal

Instructed by a diverse array of stakeholders, including investors, banks and developers, BGI Legal has an excellent perspective of the commercial and legal requirements required to successfully conclude real estate and construction matters. Under the guidance of Zaza Bibilashvili and Tamara Tevdoradze, the team has gained particular acclaim for its work in the energy space and as part of its multi-disciplinary approach regularly advises on the real estate-related matters associated with facilitating large-scale fossil fuels and renewables projects. Lasha Gogiberidze's work in the space spans both “brick and mortar” matters, as well as corporate real estate mandates, to include M&A and asset deals involving shopping malls. Sandro Bibilashvili is also a key member of the team, regularly advising investors and financiers on hydropower projects and also regularly engaged by foreign diplomatic missions on their real estate requirements in Georgia.

Practice head(s):

Zaza Bibilashvili; Tamara Tevdoradze

Other key lawyers:

Lasha Gogiberidze; Sandro Bibilashvili; Unana Gogokhia; Sopho Natroshvili

Key clients



Korea Water Resources Corporation

Embassies of Great Britain, Germany, France, the Netherlands, Brazil, Israel, Japan, Poland and Hungary in Georgia

ECON Pöyry

BP Georgia

SOCAR Midstream Operations

CT Park

Van Oord Dredging and Marine Contractors

Marriott International


World Experience Georgia

Anaklia City

Sarnia Holding & Finance

Ferrero International

Diplomat Georgia

MND Group

Yeniguin Construction Industry &Comm. Inc


IHI Corporation

JVG Vastgoed Groep BV


Homeowners’ Association of Park Gate

Mowat Georgia

Ninotsminda Oil Company

Goldcept Resources Ltd

JSC Nenskra Hydro

Dutch House Orbeti

Finbert Group

Ilia State University

Delegation of the European Union in Georgia

Work highlights

  • Advised the local subsidiary of Ferrero International on various stages of the $10m+ implementation of a hazelnut plantation project in western Georgia.
  • Advised a US investment company (part of Finbert Group) on the $11m+ development of a multi-functional real estate project in the center of Tbilisi.
  • Advised a group of UK-based private investors regarding the development of a multifunctional real estate project in the historic part of Tbilisi, with a project value over $15m.

BLC Law Office LLC

BLC Law Office LLC is particularly adept at advising national and international developers across a range of large domestic construction and real estate projects. Since the deregulation of the energy market in 2008, the firm has been involved in many substantial projects in the space and continues to advise on a wide range of major renewable energy projects. Lasha Uplisashvil has been pivotal to the firm’s success in the sector, impressing developer clients with his ability to handle mandates throughout the life-cycle of project, from advising on land acquisition, acquiring the relevant permits and licenses, to negotiations with the relevant public authorities. Managing partner Alexander Bolkvadze co-heads the team alongside Uplisashvil and is also active in the energy space, including renewables and fossil fuels, as well as regularly handling general commercial property mandates.

Practice head(s):

Alexander Bolkvadze; Lasha Uplisashvili

Other key lawyers:

Anri Khonelidze; Rusudan Khazaradze

Key clients

Çalık Enerji

Pontus Capital

Apart Development

Anagi Development


Bakhvi 2 LLC

Work highlights

  • Advised Çalık Enerji on project development and legal framework matters relating to the development of one of the first private 50MW wind power plants in Georgia.
  • Advised Anagi Development across a range of construction and development matters.
  • Advised Gino Group on the development of various real estate projects throughout Tbilisi.


Effectively combining ‘knowledge of the local legislation with significant international experience,’ Dentons provides a ‘very efficient and results oriented’ service to foreign stakeholders across a wide array of real estate and construction-related work. The energy sector remains a particularly fertile source of work, both on the renewables and oil and gas front, with work spanning the transaction life-cycle, through contracts governed by both Georgian and English law. Avto Svanidze is pivotal to the firm’s success in the energy space and recently advised a private equity fund as investor on the first ever hydro power project concession under the new PPP law of Georgia. ‘Personable, knowledgeable and cost conscious’ Irakli Pipia is well-liked by international stakeholders for his ability to provide ‘local problem solving capability of the highest order,’ including as it relates to real estate due diligence and contractual matters. Managing partner Otar Kipshidze co-heads the team alongside Svanidze.

Practice head(s):

Otar Kipshidze; Avto Svanidze

Other key lawyers:

Irakli Pipia


‘They are very efficient and results oriented.’

‘They effectively combine knowledge of the local legislation with significant international experience.’

‘We especially appreciate the interpretation of international regulatory documents in accordance with local legislation by the company’s specialists.’

‘Respond promptly to our requests, demonstrate a specific approach to each issue, establish a culturally sensitive relationship with the client, and ensure productive collaboration and coordination with other third-party consultants collaborating with the client.’

‘Irakli Pipia is personable, knowledgeable and cost conscious.’

‘Providing local problem solving of the highest calibre, Irakli Pipia is a trusted partner who provides us with the reassurance our business needs to be operating so far from home.’

‘Highly qualified and experiences. Deep knowledge of industry and existing practices. Always provide good insights and recommendations.’

‘Working with the team is a real pleasure. We find the team to be highly skilled and always keen to add value to any matter or project.’

Key clients

Universal Pictures

Cerberus Frontier

Kenya Electricity Generating Company

OMV Petrom

Avenium Investments


World Fuel Services Corporation

Signature Solar

Shell Brands International


Work highlights

  • Advised Cerberus on the First ever hydropower project concession under the new PPP law of Georgia, Bakhvi 1.
  • Advised Accor Hotels on negotiating several new contracts on the construction and operation of hotels in Georgia.
  • Assisted Hans, real estate company on drafting a contract with the winner of international architectural competition of a new art centre in Tbilisi.

BLB (Business Legal Bureau)

Drawing upon an ‘excellent breadth and depth of coverage at both partner and associate levels,’ BLB (Business Legal Bureau) has the resources and expertise to handle concurrent real estate matters for a diverse array of stakeholders. The firm’s longstanding presence in the market, stretching back to Georgia’s transformation to a market economy, means that the firm has ‘knowledge of all peculiarities of Georgian legal system,’ which provides reassurance to international stakeholders. Areas of focus include commercial, retail and industrial real estate matters, as well as larger-scale construction projects. Kakha Sharabidze, Maya Mtsariashvili and David Khaindrava co-head the team.

Practice head(s):

Kakha Sharabidze; Maya Mtsariashvili; David Khaindrava

Other key lawyers:

Ana Rekhviashvili; Mariam Vashakidze; Niko Dateshidze; Tengizi Mghebrishvili


‘The team is highly collaborative and maintains a fantastic rhythm in their communications and advice to the management team.’

‘They have an excellent breadth and depth of coverage at both partner and associate levels.’

‘They provide a results-oriented approach and have outstanding cross-border experience.’

Key clients


Gloria LLC

Nutsa Khutsishvili

DCH Georgia LLC

JSC Poti Sea Port Corporation

APM Terminals BV

Work highlights

  • Advised on real estate matters related to expansion of Georgia’s largest port, Poti Port, operated by PSPC.
  • Advised domestic architecture and design company Spectrum on real estate matters and related architectural projects in Georgia.

Gvinadze & Partners LLC

Under the leadership of the vastly experienced Nick Gvinadze, Gvinadze & Partners LLC is particularly effective advising international stakeholders engaged in a myriad of major commercial real estate, energy and infrastructure projects. In this context, clients benefit from a deep knowledge of the nuances of Georgian law, but with advice which is delivered with a core understanding of international legal and commercial standards. Although the team is also abreast of renewables work, it continues to advise on a number of major oil and gas projects, including its role as exclusive Georgian counsel to SOCAR Midstream Operations on all aspects of their extensive activities related to the operation of the biggest gas pipeline transiting Georgia (the South Caucasus Pipeline). Sophie Panjikidze and Zakaria Shvelidze are also recommended.

Practice head(s):

Nick Gvinadze

Other key lawyers:

Sophie Panjikidze; Zakaria Shvelidze; Tornike Amilakhvari; Anzor Khatiashvili

Key clients

SOCAR Midstream Operations

SAMSUNG/Technologies of Trust

Yusen Logistics Co.

European Bank for Reconstruction and Development

Sinohydro Corporation

Hotels Group

EnerMech Limited

Nobel Oil

The Norwegian Embassy in Tbilisi

San Diego State University

Veritas Brown Caucasus LLC (Cushman & Wakefield)

RCI Europe

Levenfeld Pearlstein LLC

Infinite Energy

Work highlights

  • Acted as Georgian counsel to SOCAR Midstream Operations on all aspects of their activities related to the operation of the biggest gas pipeline transiting Georgia (the South Caucasus Pipeline).
  • Advised the Royal Norwegian Embassy in Tbilisi on real estate matters related to the lease of the embassy and residential premises in Georgia.
  • Advised one of the largest oil and gas exploration and production companies in Georgia on complex legal aspects of their large-scale operations in Georgia.

Nodia, Urumashvili & Partners

Nodia, Urumashvili & Partners advises property developers, contractors and construction companies, primarily from the fields of hospitality and real estate, throughout the life-cycle of their projects. Drawing upon expertise gleaned through private practice as well as in her previous role as in-house counsel to a major domestic construction and development company, Nino Kvinikadze has deep understanding across the gamut of core “brick and mortar” real estate matters. Kvinikadze co-heads the team alongside Vakhtang Gamtsemlidze, who is well-versed in advising on corporate and M&A-related real estate matters.

Practice head(s):

Nino Kvinikadze; Vakhtang Gamtsemlidze

Other key lawyers:

Ekaterine Danelia; Giorgi Kekenadze

Key clients

JSC Goodwill

JSC Bank of Georgia

Fujin Silk Properties LLC


Uvies Berries LLC

GeoFood-Invest Ges.m.b.H

JSC Ziraat Bank

Industrieliegenschaftenverwaltung AG

Work highlights

  • Advised a client regarding alienation of the factory in Georgia.
  • Advised a client in acquiring entire and all assets of the counterparty.
  • Advised a client regarding construction of a hotel under an international brand.

MG Law Office

MG Law Office provides ‘practical and commercially viable solutions’ to local and international clients across a wide range of real estate transactions and investments, including as it relates to commercial property acquisitions, major construction and development projects, co-ownership arrangements and leases. The team has longstanding expertise advising clients on major hospitality projects and has also recently started to pick up work in the renewables space, including the development, construction and operation of hydropower plants. George Svanadze and the ‘very experienced and insightful’ Archi Giorgadze co-head the team.


Practice head(s):

Archil Giorgadze; George Svanadze

Other key lawyers:

Nicola Mariani; Ana Kochiashvili; Giorgi Kikiani; Ana Jikia


‘MG Law’s profound understanding of the intricacies of the legal landscape and commitment to providing tailored and strategic guidance have played a pivotal role in protecting our company’s interests.’

‘We trust MG Law to devise the most practical and commercially viable solutions for our legal issues. They possess the capability to thoroughly evaluate both legal and commercial factors that may come into play.’

‘Archil Giorgadze is very experienced and insightful.’

‘The most important is knowledge and experience of the team, which relaxes you.’

‘The team at MG Law has vast experience and expertise. Throughout our collaboration, MG Law demonstrated an unparalleled level of competence and attention to detail, ensuring that all legal aspects were properly addressed and resolved efficiently.’

‘Our collaboration with Ana Kochiashvili and Ana Jikia was truly exceptional. They managed the matter with a high level of efficiency and conscientiousness.’

‘High level of employee expertise.’

‘Archil Giorgadze demonstrated a particularly high level of professionalism.’

Key clients

Dhabi Group Georgia LLC

Ras Al Khaimah Investment Authority Georgia LLC

TR Real Estate LLC

Rakeen Uptown Development LLC

JSC Tbilvino

Dara Foundation

X2 Group

United Airports of Georgia LLC

Cross 2 LLC

Work highlights

  • Advised a hotel group on the construction of a hotel in Tbilisi with an investment of $140m.
  • Advised a client involved in the construction and operation of hydropower plants in Georgia.
  • Assisted a company that owns and operates one of the largest shopping malls in the city with several disputes.


Combining deep insight into local legislation and regulations, with commercial knowledge of the market, MKD Law is well-positioned to advise a range of stakeholders including developers, investors and end users across a wide range of commercial real estate and construction projects. David Metskhovrishvili has expertise among private and public entities in relation to infrastructure and energy projects, with clients also benefiting from his broader litigation knowledge from a risk management perspective as well as in the event of litigation. As part of her broad ranging banking and finance expertise, Natalia Babakishvili regularly advises borrowers and lenders (including development banks) on large domestic infrastructure projects.

Practice head(s):

Victor Kipiani; David Dzidziguri; Archil Kbilashvili

Other key lawyers:

David Metskhovrishvili; Natalia Babakishvili; Sandro Samadbegishvili; Mariam Karseladze


The ‘professional and experienced’ team at VBAT provides ‘high-quality’ advice to myriad stakeholders across the gamut of transactional, advisory and disputes work within the real estate space. The hospitality sector remains a particular area of strength, with the team often involved in the drafting of hotel management or development agreements. Managing partner Davit Kikaleishvili, who has real estate and construction litigation expertise, co-heads the team along with Giorgi MelikishviliTinatin Tskhvediani and Nana Amisulashvili.

Practice head(s):

Davit Kikaleishvili; Giorgi Melikishvili; Tinatin Tskhvediani; Nana Amisulashvili

Other key lawyers:

Natia Gogadze


‘The team displays a strong work ethic and has excellent problem-solving and analytical thinking capabilities.’

‘The professional and experienced team provides partner-led and high-quality advice.’

‘They carefully approach all tasks and perform them with high professionalism and responsibility.’

Key clients

Hilton Garden Inn Tbilisi Riverview (KIT 2016 LLC)

Radisson Red Tbilisi

E-Tickets LLC

Blauenstein Georgia LLC

Nobel Ilaç Sanayii ve Ticaret Anonim Sirketi (Representation in Georgia)

Toyota Center Tbilisi LLC

BD Property LLC (Tbilisi Gardens)

Advanced Medical Technologies and Services (AMTS) LLC

CBD Development LLC (East Point Shopping Mall)

Leasing Expert LLC

Winery LLC

NS Studio LLC

Consulente Enologica SRL

Fashion House Materia LLC

Dots LLC

Sansonit LLC

Novator LLC

Mtsvane Dighomi LLC


Build Territory LLC

EG Holding LLC

Metropol Holding

Glam LLC


Leader Invest LLC

Constant branch of Co LTD China Railway 23rd Bureau Group

Wurth Georgia LLC

Zakaria Paliashvili Tbilisi Central Musical School “Nitchierta Attsledi”

Work highlights

  • Provided ongoing advice to Blauenstein Georgia across the full range of areas including real estate, employment, corporate, and dispute resolution matters.
  • Advised Hilton Garden Inn Tbilisi Riverview on various regulatory, real-estate, employment, corporate and commercial matters.
  • Assisted Metropol in $21m worth of real-estate related investment projects.