Investor Presentaiton
m² housing development business performance highlights
Strong sales performance
1Q18 apartments sales track record
2
217
35
2
6
5
3
164
Inventory Tamarashvili Kartozia
Skyline
at 31-Dec-17
13
Street
Kazbegi
Street II
ave.
50 Chavch. Melikishvili Inventory
Ave.
at 31-Mar-18
# of apartments
94% of apartments are sold-out
1800
1,691
1600
1400
1,202
1200
153
1000
800
1,680
600
1,049
400
200
0
Completed Projects
* 4 are currently leased out
On-going Projects
Sold In Stock
Apartment sales track record in completed projects
US$ millions
# of apartments
143
sold
Revenue and sales from residential segment
165
53
GEORGIA
CAPITAL
Skyline
4.6 0.8 5.3
Moscow avenue
Tamarashvili Street II 1.6
7.9
3.5
11.4
16.0
14.5
14.0
17.5
4.7
23.8
12.0
11.9
10.1
Nutsubidze Street 2.2
12.4
1.6 16.2
10.0
7.7
8.0
Kazbegi Street
11.5
12.4
2.8 26.6
6.0
11.2
Tamarashvili street
42.4
3.1 45.5
4.0
7.1
2.0
Chubinashvili street
7.8
1.0 8.8
5
Pre-Sale
10
15
20
25
30
35
40
45
50
Construction phase
Post-construction phase
Q1'17
Q4'17
Revenue from appartments sales, US$ mln
Q1'18
Sales, US$ min
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