Foreign Real Estate

Georgia

Trump Interest in Georgia Development Reported

“ Maia Lomadze, public relations manager of the Silk Road Group, told RFE/RL on June 25 that the Trump Organization will jointly work with the Silk Road Group to invest in business projects in Tbilisi and the Georgian port city of Batumi. Lomadze added that Trump Organization Vice President Michael Cohen will visit Georgia on June 29. [...] Trump reportedly discussed the possibility of investing in Georgia in April during a meeting with Georgian President Mikheil Saakashvili in New York City, where the Trump Organization is headquartered. [...] The Georgian President's Office said Ivana Trump is also planning to invest in Georgia, namely, to set up a multifunctional entertainment center in Batumi. (Radio Free Europe, June 26, 2010) ” Michael Cohen sent to Georgia “ Entrepreneur and real estate mogul Donald Trump is considering real estate investments including casinos and golf courses in the former Soviet republic of Georgia. He has sent Michael Cohen, executive vice president of the Trump Organization, to the country to sound out possibilities after being impressed by the country's president Mikheil Saakashvili on a recent trip to New York. [...] Cohen visited 13 potential development sites and said he was impressed by the Black Sea coastal town of Batumi. It is largely an unknown destination outside central Europe but is a popular destination for tourists from Central Asia due to a temperate climate and proximity to the Turkish border. (Realty Plus, July 16, 2010) ” Batumi Tblisi India Indonesia Israel Tel Aviv - Elite Chocolate Factory Mexico Baja - Trump Ocean Resorts Netherlands Philippines Qatar Saudi Arabia South Korea Switzerland St. Moritz - Condominium Development St. Vincent and the Grenadines Taiwan Turkey Uruguay