Hogan Lovells Guides Georgia in $6 Billion Urban Development Partnership with Eagle Hills

"Hogan Lovells has advised the Government of Georgia on a significant $6 billion urban development partnership with UAE-based Eagle Hills. The agreement, signed on October 22, 2025, aims to transform urban areas in Tbilisi and Batumi through sustainable projects, including residential units, retail spaces, and a marina. This initiative is expected to create thousands of jobs and enhance Georgia's economy and tourism sector, marking one of the largest foreign investments in the country's history."

Hogan Lovells advised the Government of Georgia in a landmark $6 billion urban development partnership with UAE-based developer Eagle Hills. The agreement, signed on 22 October 2025, involves a significant investment aimed at transforming Georgia’s urban landscape through two major sustainable developments in Tbilisi and Batumi. This transaction is one of the largest foreign direct investment initiatives in Georgia's recent history, expected to generate thousands of jobs and enhance the country's real estate and tourism sectors. The Hogan Lovells team for the Government of Georgia included: - Dr. Nikolas Zirngibl, Partner (Corporate/M&A, München) - Andreas Thun, Counsel (Corporate/M&A, Munich) - Nadja Weber, Associate (Corporate/M&A, Munich) - Karl Pörnbacher, Partner (International Arbitration, Munich) - Nata Ghibradze, Counsel (International Arbitration, Munich) - Michael Pickelein, Associate (International Arbitration, Munich) - Elena Golbert, Business Lawyer (International Arbitration, Munich) - Hannah Logan, Partner (Corporate/M&A, London) - Russell Clay, Senior Associate (Corporate/M&A, London) - Markus Burgstaller, Partner (International Arbitration, London) - Dr. Falk Schöning, Partner (Foreign Trade Law & Investment Control, Brussels)

Hogan Lovells Guides Georgia in $6 Billion Urban Development Partnership with Eagle Hills

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