The GEO real property market grew by 10.1% in Q2 2018, in comparison with Q1 2018. The annual increase was more pronounced at 22.7% (YoY), in comparison with Q2 2017. TBS, with a 44.0% share in total sales in Q2 2018, dominated the GEO real property market.

In June 2018, Georgian power plants generated 1,208 mln. KWh of electricity. This represents a 6% increase in total generation, compared to the previous year (in 2017, total generation in June was 1,138 mln. kWh). The increase in generation on a yearly basis mainly comes from an increase in hydropower generation.

This summer, Russia is again at the epicenter of the world, but this time for hosting the 21st FIFA World Cup football tournament and not for the occupation of its neighboring countries’ territories. The majority of the world’s population is gripped by football fever, and Georgians are no exception. You can see random people on the streets wearing the jersey of their favorite nation. Students attend classes wearing jerseys or football T-shirts.

Summer is a good time for traveling to the sea, but now I want you to join me in the journey in time. A memory from my childhood in the early 2000s was the discussion among people about the choice between “Khrushovka” and “Chekhuri.” Households were buying flats and making investments in real estate.

On June 29, at the Tbilisi office of USAID G4G, a round table discussion about Agricultural Land Registration Reform was held. The meeting was organized by the ISET Policy Institute under the “ReforMeter” project. During the meeting, the land registration process and achievements and challenges of the land market in the country were all discussed.