Commercial real estate

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

090

Country / City

Georgia / Tbilisi

Jobs at the start

6

additional potential jobs

1

entrepreneur sponsorship

Training and coaching CHF 250 per month over 2 years

Project description

This has enabled the company 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 expanding and optimizing existing properties through renovations and the purchase of new properties in the rapidly growing outskirts of the capital.

The company currently employs 6 people. At least one additional administrative position is to be created in the next 4 years. In addition, a large number of new positions will be created in the companies responsible for the construction and renovation of the commercial properties. As an open-minded and forward-thinking entrepreneur, Lasha was looking for a modern, European-oriented business management education, which he found at BPN. Since joining the BPN program, he has already attended 6 seminars and taken advantage of the coaching offered.

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Caroline Flück

Philanthropy Manager
+41 31 305 25 26
caroline.flueck@bpn.ch