Residential real estate prices rise in Tbilisi in Q1 2026 - Geostat
According to the National Statistics Office of Georgia, in the first quarter of 2026 the Residential Real Estate Price Index increased by 1.8% compared to the previous quarter. On an annual basis, the index grew by 3.0%, while compared to the average level of 2020 it has increased by 62.3%.
Geostat notes that the index covers only the new residential real estate market in Tbilisi, including both multi-storey buildings (apartments) and private houses.
In the first quarter of 2026, compared to the previous quarter, prices increased by 2.0% in both the apartment segment and the private house segment. Compared to the first quarter of 2025, prices rose by 3.3% for apartments and 1.8% for private houses.
In terms of average price per square meter in the apartment segment, the most expensive district is Mtatsminda, where the price reached 6,814 GEL per square meter. It is followed by Vake (5,958 GEL), Krtsanisi (4,465 GEL), Saburtalo (4,333 GEL), Chugureti (4,268 GEL), Didube (4,085 GEL), Nadzaladevi (3,993 GEL), Isani (3,948 GEL), Gldani (3,775 GEL), and Samgori (3,651 GEL).
In the private house segment, Mtatsminda also ranks first with 4,835 GEL per square meter, followed by Vake (4,500 GEL), Didube (4,242 GEL), Saburtalo (3,471 GEL), Chugureti (3,249 GEL), Isani (3,172 GEL), Samgori (3,164 GEL), Krtsanisi (3,164 GEL), Gldani (2,596 GEL), and Nadzaladevi (2,594 GEL).
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NEXT Partners with Princeton University to Launch International Internship Program in 2027
29.10.2026.15:32
Expanding its social and academic initiatives, NEXT is launching a strategic partnership with Princeton University, one of the world's most renowned and prestigious institutions.
Princeton is a member of the Ivy League, an association of eight leading U.S. universities synonymous with academic excellence, authority, and exclusivity. This elite league also includes distinguished institutions such as Harvard and Cornell.
Beginning in 2027, as part of the International Internship Program (IIP), NEXT will welcome Princeton University students from the School of Architecture and Design for an immersive internship. Interns will gain hands-on experience by participating directly in architecture and design processes across NEXT’s international portfolio, observing firsthand how sophisticated, high-quality architectural concepts are brought to life.
Alongside partnerships with global hospitality leaders such as Radisson Hotel Group and Wyndham Hotels & Resorts, this initiative reflects NEXT’s commitment to driving architectural innovation, supporting young talent,and upholding high international standards.
As a global real estate developer and investment firm focusing on premium residential, hospitality, and investment projects across Georgia, the UAE, Kenya, and Spain, NEXT provides an ideal platform for real-world professional development. IIP interns will play an active role across project management, design, and architectural coordination, collaborating closely with the team on quality assurance, technical evaluations, project monitoring, and cross-functional communication.