Kvirike Residence

Kobuleti

Tower Group is a Georgian property developer within GZA. Its portfolio spans residential, resort and mixed-use developments in Batumi, Kobuleti, Ureki, Tbilisi and Bakuriani. The company’s development role is distinct from GZA’s construction and infrastructure activity.

Group background and responsibilities

Tower Group identifies GZA as its parent company, with construction and infrastructure experience dating to 2005. That background includes transport and urban infrastructure. Tower Group applies this technical foundation to property development, while its own business is centred on residential and hospitality projects.

The allocation of roles is clear in its Batumi project materials: Tower Group leads development, GZA provides construction expertise, and CMG handles sales and marketing. The parent company’s earlier infrastructure work forms part of the group background.

Portfolio across city and resort markets

In Batumi, Panorama represents a mixed-use coastal development, while Piazza Residence focuses on urban housing in Old Batumi. Panorama Del Mare is a separate coastal project alongside Panorama within the Panorama City concept. Park Residence is another distinct Tower Group residential development in Batumi, at 3–5 Iordan Metaxa Street near Central Park.

Outside Batumi, Kvirike Residence in Kobuleti develops the residential component of a resort setting, while Ureki Sands follows a seaside resort concept in Ureki. Mziani Valley represents the mountain resort direction in Bakuriani, and Lisi Panorama is a low-density residential development in Tbilisi. Together, these projects extend the company’s activity across coastal, mountain and capital-city housing markets.

Development and investment model

Tower Group combines urban residential development with coastal and mountain resort property. This geographic mix gives the business exposure to several property-use patterns: city housing, seaside accommodation and mountain tourism.

Its defining organizational feature is the separation of development, construction and marketing functions among the named businesses. The portfolio establishes the scope of the developer’s activity, while GZA’s construction background provides a separately identified technical foundation.