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Irakli Kilauridze

MRICS
Managing Director | Georgia

12 M. Aleksidze Street,
King David Business Center (11th Floor),
Tbilisi 0193, Georgia

irakli.kilauridze@colliers.com

Office: +995 32 222 4477 ext.103

Mobile: +995 599 507 394

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Irakli is a senior real estate executive and entrepreneur with 10+ years’ experience leading real estate investment, development, sales, construction and turnaround operations. He successfully built and managed high-performance international teams to facilitate and close large real estate transactions in Georgia.

Irakli has experience of developing large scale mixed use and resort projects in Georgia. He closely worked with international consultants and master-planners to develop overall close to 4 millions square meters of land area and circa 1 million square meters of development volume.

Irakli is also experienced in investor search and fund raising negotiations, in last 10 years he has raised and negotiated more than US$250 million for the projects in Georgia from Institutional Investors and IFI’s such are Citi, EBRD, IFC and private real estate funds operating from New York, London and Moscow.

Accomplishments

As a Managing Partner at Dexus, Real Estate Asset Management Company, Irakli successfully turned around the largest private residential developer in Georgia, Center Point Group, completing 13 large scale project in value of around US$200 million and in volume of circa 250 thousand square meters, recovering investment for over 4,000 clients in value of about US$170 million. Funds raised for recovery US$18 million, over 80% annualized return on investment achieved, US$10 million extra value created through renegotiating terms with the stakeholders of the project.

As a Chief Executive Officer at GRDC, real estate investment and development company, Irakli identified, secured, and invested over US$130 million to support the successful completion of large ongoing real estate development projects, raised over US$100 million in additional funding with IFIs. Increased market share value by 3X while preparing the company to go public by developing and implementing business development strategies to build, expand, and sustain market growth throughout new territories.

Expertise

Capital Markets and Investment Sales, Brokerage: Landlord Representation, Construction Management, Corporate Restructuring and Recovery, Development Consulting, Asset Management, Investment Properties, Residential / Multi-Family, Retail, Office, Hotels, Mixed-Use

Clients

European Bank for Reconstruction and Development (EBRD), International Financial Corporation (IFC),  Ras Al Khaimah Investment Authority Georgia (RAKIA Georgia), Rakeen Development, Rezid Holding, Microsoft, Booking.com, Basel Group, IDECO Development, BDO Georgia, Wissol Group, Georgian Reconstruction and Development Company (GRDC), TBC Bank, Bili Management, ProCredit Bank Georgia ,Georgian Industrial Group (GIG), Loyal Capital, Coca Cola Bottlers Georgia, Capital Partners Georgia, Rianta Capital, Illyrian Funds, PwC, Deloitte, National Bank of Georgia (NBG), Partnership Fund, Tbilisi Development Fund (TDF), Ministry of Economy of Georgia, Tbilisi Municipality, Georgian Railway Company, etc.

Education

Harvard Business School 2007-2008

European School of Management 1994-1998

 

 

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Irakli

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