Commercial real estate

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Lasha M.

Lasha is 51 years old and the managing director of a real estate company specializing in the construction and management of commercial properties. The portfolio includes numerous retail stores in Tbilisi, Rustavi and Senaki. The story of his company began 27 years ago when Lasha's father bought the first commercial property during the general privatization of the 1990s, renovated it and rented it out. With the profit he made, he acquired other dilapidated properties and gradually introduced his two sons to the business. With a comprehensive property management service, the company now offers its customers an all-round carefree package. This also includes the search for suitable commercial properties in the event of market expansions.

Project ID

GE090

Country / City

Georgia / Tbilisi

Employees at start

6

Employees potential

1

Entrepreneur Sponsorship

Training and coaching monthly CHF 250 over 2 years

Project description

In this way, the company has been able to build up a loyal and solid customer base over the years. As the purchase of new properties in the center of Tbilisi is becoming increasingly difficult, Lasha will in future focus primarily on the expansion and optimization of existing properties through refurbishments and the purchase of new land in the fast-growing outskirts of the capital.

Currently, the company employs 6 people. At least one additional administrative position is to be created in the next 4 years. In addition, there will be a large number of new positions in the companies contracted for the construction and renovation of the business properties. As an open-minded and forward-thinking entrepreneur, Lasha was looking for a modern, European-oriented business education, which he found at BPN. Thus, since joining the BPN program, he has already attended 6 seminars and also made use of the coaching offer.

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Are there still questions or uncertainties?
We will be happy to help you:

Caroline Flück

Fundraising & Event Manager
+41 31 305 25 26
caroline.flueck@bpn.ch