Commercial
Business Hub
A Class A office building in central Tbilisi, leased in full before construction was complete.
📍 Tbilisi, Georgia
100%
Leased
12
Months
2.1x
ROI
The Challenge
Central Tbilisi had a surplus of aging office stock, and the developer needed anchor tenants signed before lenders would release construction financing.
Our Approach
We approached the leasing campaign 12 months ahead of delivery, targeting regional companies outgrowing their current space and structuring early leases with fit-out allowances tied to construction milestones.
The Result
The building reached 100% leased before completion, and the 12-month leasing timeline let construction financing close on schedule, delivering a 2.1x return.