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BUSINESS
- Georgia
Branch of U.S.-based real estate company Yangzi Realty to be opened in Georgia-BM.GE

(Read the full article on bm.ge)

Real estate consulting and brokerage company Yangzi Realty International was founded in January 2021 by Avtandil Chkheidze, a Georgian living in the United States, BM.GE reported.

He has experience of 20 years in the real estate consulting sector. His goal is to combine this experience and bring it together in one global company.

The Cushman & Wakefield, RIPCO Real Estate, Massey Knakal, ONE Commercial and others – this is an incomplete list of companies where Avtandil Chkheidze worked for years. Today, with the accumulated knowledge and experience, he decided to start his own business and introduce a new practice in real estate sales.

Avtandil Chkheidze explains that many companies operate merely in commercial or residential real estate sector in the US, as well as globally. However, Yangzi Realty International will combine these areas and offer a diversified portfolio to the customers.

“We officially registered the company in January, but we started operating in May and we have already taken specific projects in New York State, both in terms of residential and commercial space. Their marketing is currently underway. The company will not be focused only on the American market and its name derives from here. Yangtze is the largest river in China and hundreds of cities have been built on its shores. After capturing the American market, we want to find investors in the Asian market and thus expand the company’s area, as well as offer American companies consulting in the Asian and European markets. The primary goal, of course, is to establish itself in the US and tap into the market. New York, New Jersey, Connecticut and Florida – we start our consulting and brokerage services in these states. Our goal is to grow organically, for which we will need to invest $1 million at an early stage. This financial resource will be fully spent on registering the company in each state and opening offices,” said the founder of Yangzi Realty.

Jun 21, 2021

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