M-QUADRAT GOT PROPERTY IN BATUMI FOR CONSTRUCTION OF MULTIFUNCTIONAL COMPLEX
 
News ArchiveMarch 18, 2016

According to the government’s decree, realty in Batumi was handed over to m-Quadrat company for symbolic price of 1 lari in order to build multifunctional complex there. The matter concerns construction of 289.5 square m with shared attached land plot, located at Pirosmani Str. 1. The company undertook construction of multifunctional complex with space of 10,000 square m at least within 18 months after signing of privatization agreement. In addition, m-Quadrat While after launching the complex, the company should conduct repair of office area (289.5 square m), located on the 2nd floor of the building, and hand over this area to the state free of charge. For these works, which the company should complete within 1 month after putting the whole complex into operation, it has to spend $190,781 at least, The company is obliged also to provide Khariton Akhvlediani Museum of Ajara with free area. LLC m-Quadrat was registered in Ajara in December 2014. Its single owner is Elizbar Makaridze.

Sarke Information News, 18. März 2016