One of the projects that UrbanCPRme is starting, in collaboration with local NGO’s is the development of a Micro Real Estate Agency, which can politically and financially empower the IDPs. The idea is that aid money for refugees, as well as money that developers have to pay when emptying a building, can be invested. The 230 IDP’s of Iveria, for instance, who each received 7000$ compensation, could form a company. With 1,610,000 as capital. The Micro Real Estate company wants to use this foreign investment to develop local spatial, social and cultural potential.
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”In the Iveria hotel, the deadline to evacuate the rooms was set for August 20th. But first, the families had to sign a contract. Doing so, they agreed to tacitly evacuate the hotel for a compensation of 7,000 dollars. But some families chose to break the silence and to denounce it as second Abkhazia with regards to the imposed conditions of their moving. “
EVACUATION Another Hotel owned by DS....Special Operation Group Evicts IDPs from Hotel “Meskheti” On June 28 the eviction of IDPs from the hotel took start. Well-organized Special Operation Group and Criminal Police compelled the population to abandon the hotel building and did not allow them go upstairs. On June 28, one of the refugees attempted to commit suicide by pouring oil on herself and her grandchild in front of the Building of Ministerial Council.
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A hotel room rate per night ($300) is equal to an average monthly Georgian household income
ESTONIA LATVIA LITHUANIA
GERMANY
POLAND
UKRAINE
SPAIN
UNITED STATES OF AMERICA
KAZAKHSTAN GEORGIA ARMENIA AZERBAIJAN
TURKEY
UZBEKISTAN
TURKMENISTAN
KYRGYZSTAN TAJIKISTAN
AFGHANISTAN
IRAQ
Jamm
CHINA
AHRAIN QATAR UNITED ARAB
EMIRATES
DOMINICAN REPUBLIC
Abkhazia refugees
CHAD
SUDAN
CAMBODIA
M A L AY S I A DEMOCRATIC REPUBLIC OF THE CONGO
the Silk Road Group
KENY
RWANDA BURUNDI UNITED REP. OF TANZANIA
JAPAN
Partners: TOSA BNP Paribas PetroKazakhstan Addax & Oryx group Bank TuranAlem Credit Agricole Fortis Bank
GraftLab Bread Pitt
UNDP
Real estate 230 Abkhazian refugees’ families
Investor
Architect
Commissioner
60
Iveria’s Hollywood connection: GraftLab & Brad Pitt New Orleans / Katrina
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HOTELS Plot size 10,840 sqm land Owner: DS Development Solutions Architect: GraftLab
 New Program Hotel: Radisson Iveria Development size: 34,200 sqm Contains: 249 rooms, 16 suits, lobby, 2 restaurants, conference hall, spa etc Development cost $500,000,000
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There are 717 hotel rooms in Tbilisi In the coming four years, more than 1,500 new 5 starts standard rooms will be added
Hotel Iveria
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