NEXT Property Group

NEXT Property
Company type
Private
IndustryReal estate development and investment
Founded2018
FounderKakha Devadze
HeadquartersBatumi, Géorgie
Area served
Europe, Asia, and Africa (countries: Georgia, Spain, United Arab Emirates, Kenya, Zanzibar)
Number of employees
1,000+
Websitenext-property.com

NEXT Property is a privately owned real estate development company based in Batumi, Georgia. The company specializes in branded residences, luxury villas, and mixed-use communities in various international markets.[1][2][3]

NEXT Property has built a diverse portfolio with active developments in four main regions: Georgia, its home market; Spain; the United Arab Emirates; and Kenya. This geographic spread enables the company to capitalize on new opportunities in both established European markets and fast-growing emerging economies.[4][5][6]

Overview

NEXT Property was founded in 2018 in Batumi, Georgia.[7][8] In 2018, the company began construction on the NEXT Green.[9][10] In 2020, it introduced NEXT Apartments.[11][12]

In 2021, the company partnered with Wyndham Hotels & Resorts to develop branded residences.[13][14][15]

In 2022, NEXT Property started developing Radisson Blu Residences and Villa Park.[2][16] In 2023, the company launched NEXT Collection in Batumi and NEXT Address, a large mixed-use development.[17] The company has received multiple awards, including the Titan Awards, World Travel Awards, Luxury Property Awards, International Business Magazine,[18] and African Property Awards.[19]

In 2024, the company expanded internationally by launching NEXT Amani in Kenya's Tatu City,[1][20] entering the Dubai Islands market with NEXT Coral on Dubai Islands,[21][22] NEXT Gardens in Kvariati, and starting NEXT Gardens.

In 2024-2025, NEXT Property also launched Tbilisi Downtown in Georgia's capital. In the same year, the company also introduced a new project in Tbilisi — Tbilisi Oriental, a 21-story mixed-use development in the Ortachala district on the Mtkvari River, designed in a high-tech architecture style with exposed concrete, iron elements, and glass.[23][24] In 2025, NEXT Property initiated a project in Zanzibar in partnership with the creative branding agency Brash.[25]

Operations

NEXT Property specializes in premium branded residential developments, luxury hospitality properties, and innovative mixed-use communities that seamlessly integrate residential, retail, and lifestyle services into comprehensive "all-in-one" urban living environments.

The company operates strategically across five key international markets: Georgia (Batumi and Tbilisi), the United Arab Emirates (Dubai), Spain (Marbella), and Kenya (Tatu City), positioning itself to serve a diverse global clientele seeking luxury investments and premium lifestyle destinations.[26]

References

  1. ^ a b Tapladze, Nazi (20 October 2024). "Who's NEXT? • Forbes Georgia". Forbes Georgia. Retrieved 19 August 2025.
  2. ^ a b ""Next Group" Launches a Major New Project, Signing an Agreement with "Radisson Hotel Group" to Build "Radisson Blu Resort & Residences Batumi, Gonio"". Property Georgia. Retrieved 19 August 2025.
  3. ^ Tapladze, Nazi (20 October 2024). "Who's NEXT? • Forbes Georgia". Forbes Georgia. Retrieved 19 August 2025.
  4. ^ "NEXT Collection - Batumi, Georgië". LDR Group (in Dutch). Retrieved 19 August 2025.
  5. ^ "Commercial, corporate and M&A in Georgia | Law firm and lawyer rankings from The Legal 500 Asia Pacific guide". www.legal500.com. Retrieved 19 August 2025.
  6. ^ "SAKPATENTI - National Intellectual Property Center". www.sakpatenti.gov.ge. Retrieved 19 August 2025.
  7. ^ "Next Property Group Sunshine Coast - Reviews & Properties". www.realestate.com.au. Archived from the original on 9 June 2025. Retrieved 19 August 2025.
  8. ^ Content, Partner (24 June 2025). "Beyond the Blueprints: Redefining Real Estate • Forbes Georgia". Forbes Georgia. Retrieved 19 August 2025.
  9. ^ "NEXT ORANGE — modern hotel in the center of Batumi". nexthotels.ge. Retrieved 19 August 2025.
  10. ^ "Next Orange Aparthotel Official 4.0 star property". hoteles.com. Retrieved 19 August 2025.
  11. ^ "Next Apartments - апартаменты в собственность в Батуми". bravo.ge. Retrieved 19 August 2025.
  12. ^ "NEXT APARTMENTS — комфортабельный отель в центре нового Батуми". nexthotels.ge. Retrieved 19 August 2025.
  13. ^ Placement, Paid (23 January 2023). "Global Hotel Leader Wyndham Hotel Group and Georgian Developer European Village Have Signed an Agreement on a Large-scale Joint Project • Forbes Georgia". Forbes Georgia. Retrieved 19 August 2025.
  14. ^ Today, Georgia (14 April 2025). "Wyndham Leads the Way in Hospitality Collaboration with Tbilisi Workshop". Georgia Today. Retrieved 19 August 2025.
  15. ^ "Новые вершины: эксклюзивный проект Next Group в партнерстве с Radisson Hotel Group". Forbes.kz (in Russian). Archived from the original on 25 July 2025. Retrieved 19 August 2025.
  16. ^ "Radisson BLU Residence | Avezor Developers" (in Russian). 11 March 2024. Retrieved 19 August 2025.
  17. ^ "Next Group To Implement The First Hospitality Investment Project In Dubai". bm.ge. 17 October 2023. Retrieved 19 August 2025.
  18. ^ "NEXT: Luxury Real Estate & Hospitality Innovator in Georgia". Luxury Lifestyle Awards. Retrieved 19 August 2025.
  19. ^ "Another International Recognition for Metropol: Winner of the International Property Awards 2024 • Forbes Georgia". Forbes Georgia. 22 October 2024. Retrieved 19 August 2025.
  20. ^ "Spectrum - Next Amani". Spectrum. Retrieved 19 August 2025.
  21. ^ "NEXT Coral". muse.international. 15 August 2024. Retrieved 19 August 2025.
  22. ^ "DUBAI ISLAND Next Coral - ISIA INVEST". isiainvest.com. Retrieved 19 August 2025.
  23. ^ "Next Downtown in Batumi — apartment prices, floor plans, photos, construction updates and buying options". korter.ge. Retrieved 19 August 2025.
  24. ^ "Next Downtown by Next Group". gean.ge. Retrieved 19 August 2025.
  25. ^ "Tbilisi Downtown от застройщика Next Group". gean.ge. Retrieved 19 August 2025.
  26. ^ "NEXT Collection - Batumi, Georgia". LDR Group. Retrieved 19 August 2025.

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