GC FUND

  • Industry

    Hospitality and Real Estate

  • Status

    Ongoing

  • Total Investment Size

    US$ 101 M

  • Website

    www.axistowers.ge

Axis Towers

AXIS TOWERS is the tallest skyscraper project in Tbilisi. The multifunctional complex consists of two 32-storey towers standing on a 5-storey pedestal.

The pedestal will feature retail areas, restaurants, cafes, conference facilities, meeting rooms and over 16,000m² of A class office space. The top of the pedestal will also house a private courtyard (over 1,000 m²) for the residential areas located in the stone tower, as well as a spa center, a fitness club, and a 25-meter-long swimming pool with a retractable roof.

The stone tower will accommodate 17,000 m² upscale residential areas, with the finest views over the city.

The glass tower will house offices and a 226 room, 5-star Pullman hotel with a restaurant and sky bar overlooking the city from the 37th floor. Georgian Co-Investment Fund holds a 39% equity stake in the property and is additionally providing mezzanine financing. 

The total investment is US$101M.