"Georgia Secures Historic $6 Billion Urban Development Deal with UAE's Eagle Hills"

"Hogan Lovells, alongside Gvelebiani, advised the Georgian government on a historic USD 6 billion urban development partnership with UAE-based Eagle Hills. This marks the largest foreign direct investment in Georgia's history, focusing on sustainable urban projects in Tbilisi and Batumi. Eagle Hills was advised by Gibson, Dunn & Crutcher and Dentons."

Hogan Lovells and Gvelebiani advised the Government of Georgia, while Gibson, Dunn & Crutcher and Dentons advised UAE-based developer Eagle Hills, in a significant urban development partnership. The transaction involves a USD 6 billion investment, marking the largest foreign direct investment in Georgia’s history. The partnership focuses on two major sustainable urban development projects in Tbilisi and Batumi. The Hogan Lovells team included Georgia-based Lawyer Victoria Bunturi and additional lawyers in Germany. The Gvelebiani team was led by Partner Jaba Gvelebiani.

"Georgia Secures Historic $6 Billion Urban Development Deal with UAE's Eagle Hills"

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