Latest news with #Galt&Taggart
Yahoo
22-05-2025
- Business
- Yahoo
GTN and Galt & Taggart join forces: unlocking global investment for Georgia
DUBAI, UAE, May 22, 2025 /PRNewswire/ -- GTN, a global fintech redefining trading and investing for all, today announced a partnership with Galt & Taggart, a leading investment bank in Georgia, to significantly enhance the online investment experience for their clients. Leveraging GTN's co-branded global trading platform, GTN Trade, Galt & Taggart has upgraded its users' online trading experience, offering expanded access to international markets and a wider range of asset classes. This collaboration underscores Galt & Taggart's commitment to adopting cutting-edge technologies to serve its growing client base better. "We're excited to join forces with GTN, a global leader in financial technology. Their innovation and deep expertise in investment tech make them the perfect partner as we take our platform to the next level. Together, we're empowering our clients to diversify smarter, make data-driven decisions with confidence, and manage their investments more effectively than ever before. Huge thanks to the GTN team for their collaboration — we're just getting started. With this partnership, we're gearing up to deliver even more powerful innovations for the next generation of investors," said Giorgi Kuprashvili, CEO of Galt & Taggart. As a result of this partnership, Galt & Taggart now offers expanded access to stock exchanges across the USA, Europe, Asia, and the Middle East, alongside a wider selection of tradable assets, including stocks, ETFs, mutual funds, bonds, CFDs, options and more. Beyond broad market access, GTN also empowers Galt & Taggart's clients with advanced trading capabilities. These include 24-hour trading for U.S. stocks and ETFs, a diverse range of algorithmic order types for sophisticated strategies, fractional trading for shares, ETFs, and bonds, a personalised user experience with a customisable interface, and seamless TradingView integration for advanced charting and analysis. Damian Bunce, CEO of GTN Middle East, stated: "GTN is delighted to partner with Galt & Taggart, a leading investment bank in Georgia. Our co-branded trading and investment solution is built for the most prestigious organisations that serve a large client base. With our combined strengths we look forward to bringing many innovations to the Georgian market in the years ahead". This partnership aligns with GTN's mission to democratise access to global investment opportunities by providing financial institutions with the technology to enhance their offerings and reach a broader audience. Following successful collaborations in other regions, this alliance with Galt & Taggart further strengthens GTN's global presence and its ability to deliver tailored solutions that meet the specific needs of local markets. About GTNGTN is a global fintech holding broker-dealer and capital markets services licences in multiple jurisdictions through its subsidiaries. We are committed to empowering brokers, banks, asset managers, and fintechs with scalable and innovative investment and trading solutions that enable access to a comprehensive network of global markets and multiple asset classes, making investment and trading accessible to all. Spread across 14 countries, GTN brings together a talented team of over 500 professionals united by a shared passion and purpose: empowering clients and transforming the accessibility to investment and trading opportunities for all. GTN is backed by strategic investors IFC, a member of the World Bank Group, and SBI Group, one of the largest financial services firms listed on the Tokyo Stock Exchange. To learn more, visit or follow us on LinkedIn. About Galt & TaggartGalt & Taggart JSC is a 100% owned subsidiary of the Bank of Georgia Holding Company. The company offers a wide range of investment management services through investment banking, asset management, brokerage and research. For more information, please visit: Contact: Jorge Sánchez-Galiani, Logo - View original content to download multimedia: SOURCE GTN
Al Bawaba
26-04-2025
- Business
- Al Bawaba
Georgia real estate: Low-risk, high-return opportunities
ALBAWABA - Real estate—particularly the housing sector—remains one of the most significant pillars of Georgia's economy. In 2024, real estate development and related construction services accounted for 18% of the country's GDP. Also Read Trump claims nearly $500 Million amid real state fraud allegations That same year, the total market value of apartments sold in the capital city alone reached US$3.1 billion (a 7.1% year-on-year increase and a 17.7% rise compared to 2022), with the primary market's share growing steadily. Demand for housing in Georgia is largely driven by domestic factors, including relatively large household sizes compared to peer countries in Europe, increasing urbanization, and the need to replace a substantial stock of old and depreciated buildings with newly constructed apartments that meet modern seismic, life, and fire safety standards. This demand is further supported by Georgia's strong economic performance (9.4% GDP growth in 2024) and moderate inflation: 1.9% in 2024 (eop). Additionally, in recent years, external factors—such as the inflow of migrants from Russia and Ukraine—have increased demand for rent-generating assets, fueling significant growth in the housing markets of Tbilisi and Batumi. Despite the fading impact of such exogenous factors in 2025, the housing market has continued to grow. In January and February 2025, the market expanded by 4.5% year-on-year and 13.6% compared to the same period in 2023. A survey of 17 major developers (covering 85 projects) conducted by leading research firm Galt & Taggart revealed exceptionally high absorption rates: 78% of stock has been sold in projects scheduled for completion in 2025, 44% in projects set to complete in 2026, and 43% in those planned to be finished for 2027–2028. Real estate prices continue to rise, particularly in the primary market segment. In February 2025, the average primary market price in Tbilisi increased by 6% year-on-year and by 23% compared to February 2023. It is no surprise, then, that real estate—and the housing market in particular— is among the most attractive sectors in Georgia for foreign direct Fleece Investments, one of Georgia's pioneering real estate investment funds, announced today that in its very first year of operations it distributed US$1.8 million to shareholders, generating a 20% IRR. According to Dr. Gil Feiler, Chairman of the Supervisory Board, 'Golden Fleece Investments, with its strong and experienced management team, is an excellent vehicle for investors to tap into this growth.' In another major development, EMAAR Group—a globally renowned real estate developer from the UAE—announced in January 2025 its intention to invest an unprecedented US$6 billion in Georgia's real estate sector. A corresponding memorandum was signed between Levan Davitashvili, Minister of Economy of Georgia, and Mohamed Ali Rashed Alabbar, Founder and Managing Director of EMAAR Group, during the visit of the Prime Minister of Georgia to Abu Dhabi on January 27, 2025. With strong leadership, a stellar economic record, and a stable environment amid regional tensions, Georgia remains a hotspot for foreign investors— especially in the real estate sector.
