NEXT Property Group

NEXT Property Group is a privately owned real estate development company headquartered in Batumi, Georgia. Founded in 2018, the company develops premium residential, hospitality, and mixed-use projects that combine housing with hotel-style services, retail, leisure facilities, and broader lifestyle amenities. Its portfolio is organized around branded residences, luxury villas, and integrated communities intended for both local and international buyers and investors. The company began its development activity in Batumi with NEXT Green, for which construction started in 2018. In 2020, it introduced NEXT Apartments, expanding its residential offering. A significant step in the company's development model came in 2021, when it entered a partnership with Wyndham Hotels & Resorts to create branded residential projects. This connected NEXT Property's residential developments with an international hospitality brand and reinforced its emphasis on managed, service-oriented real estate. During 2022, NEXT Property began work on projects including Radisson Blu Residences and Villa Park. In 2023, the company launched NEXT Collection in Batumi and announced NEXT Address, a large mixed-use development. These projects reflected a broader strategy of combining premium accommodation and residential property with commercial and lifestyle components rather than concentrating solely on conventional apartment construction. The group subsequently expanded beyond Georgia. Its international portfolio includes projects in Spain, the United Arab Emirates, and Kenya, with activity identified in Marbella, Dubai, and Tatu City. In 2024, NEXT Property launched NEXT Amani in Kenya's Tatu City, entered Dubai Islands with NEXT Coral, and introduced NEXT Gardens in the Kvariati area of Georgia. It also expanded its Georgian pipeline through Tbilisi Downtown and Tbilisi Oriental, a planned 21-story mixed-use project in the Ortachala district beside the Mtkvari River. Tbilisi Oriental is described as using a high-tech architectural language with exposed concrete, iron, and glass elements. In 2025, the company initiated a Zanzibar project in partnership with the creative branding agency Brash, extending its development activity into Tanzania. Across its markets, NEXT Property positions itself around premium real estate, branded hospitality, and destination-oriented urban living. The company has received recognition from organizations and award programs including the Titan Awards, World Travel Awards, Luxury Property Awards, International Business Magazine, and African Property Awards. Publicly available information does not establish a stock-market listing, a controlling parent company, or the identities of the company's founders and current executives.

NEXT Property Group was founded in Batumi, Georgia, in 2018 as a privately owned real estate development company. Its initial documented project was NEXT Green, on which construction began during the company's founding year. The developer later broadened its residential activity with NEXT Apartments in 2020. In 2021, NEXT Property formed a partnership with Wyndham Hotels & Resorts for branded residences. The agreement marked an important change in the company's model, linking residential development with international hotel branding and hospitality-style services. In 2022, the company began developing Radisson Blu Residences and Villa Park, adding further branded and premium-oriented projects to its portfolio. The company expanded its Batumi pipeline in 2023 through NEXT Collection and NEXT Address. NEXT Address was presented as a large mixed-use development, consistent with the group's focus on combining residential property with commercial, hospitality, and lifestyle functions. From 2024, NEXT Property accelerated its international expansion. It launched NEXT Amani in Tatu City, Kenya, and NEXT Coral on Dubai Islands in the United Arab Emirates. The company also introduced NEXT Gardens in Kvariati and continued development planning in Georgia through Tbilisi Downtown and Tbilisi Oriental. Tbilisi Oriental is described as a 21-story mixed-use development in Tbilisi's Ortachala district on the Mtkvari River, with a high-tech architectural approach using exposed concrete, iron, and glass. The group's stated operating footprint includes Georgia, Spain, the United Arab Emirates, and Kenya, with projects associated with Batumi, Tbilisi, Marbella, Dubai, and Tatu City. In 2025, it initiated a project in Zanzibar in cooperation with the branding agency Brash, extending its activities into Tanzania. The company has also received recognition from several property, travel, business, and regional award programs, including the Titan Awards, World Travel Awards, Luxury Property Awards, International Business Magazine, and African Property Awards. Available reference material does not identify its founder, executive leadership, revenue, ownership structure beyond its private status, or an official corporate website.

• 2025

  Zanzibar project initiated

  [1]NEXT Property Groupen.wikipedia.org

  NEXT Property initiated a Zanzibar project in partnership with Brash.

• 2024

  Expansion into Kenya and Dubai

  [1]NEXT Property Groupen.wikipedia.org

  The company launched NEXT Amani in Tatu City and NEXT Coral on Dubai Islands, while also advancing projects in Georgia.

• 2023

  NEXT Collection and NEXT Address launched

  [1]NEXT Property Groupen.wikipedia.org

  NEXT Property launched NEXT Collection in Batumi and introduced the mixed-use NEXT Address development.

• 2022

  Radisson Blu Residences and Villa Park begin development

  [1]NEXT Property Groupen.wikipedia.org

  The developer started work on Radisson Blu Residences and Villa Park.

• 2021

  Wyndham branded-residence partnership

  [1]NEXT Property Groupen.wikipedia.org

  NEXT Property partnered with Wyndham Hotels & Resorts to develop branded residences.

• 2020

  NEXT Apartments introduced

  [1]NEXT Property Groupen.wikipedia.org

  The company expanded its residential development portfolio with NEXT Apartments.

• 2018

  Company founded and NEXT Green construction begins

  [1]NEXT Property Groupen.wikipedia.org

  NEXT Property Group was founded in Batumi, Georgia, and began construction on NEXT Green.

A premium international real estate developer combining branded residences, hospitality partnerships, luxury housing, and mixed-use lifestyle communities.

• Residential development · 2018

  NEXT Green

  NEXT Green is the company's earliest documented development. Construction began in Batumi in 2018, the same year NEXT Property Group was founded, establishing the developer's initial presence in its Georgian home market.

• Residential apartments · 2020

  NEXT Apartments

  Introduced in 2020, NEXT Apartments represents the company's early expansion into residential apartment development. The available reference material identifies the project but does not provide detailed information about its location, scale, amenities, or completion status.

• Branded residences · 2022

  Radisson Blu Residences

  Radisson Blu Residences is a branded residential development associated with NEXT Property's hospitality-oriented model. Development began in 2022, following the company's 2021 partnership with Wyndham Hotels & Resorts and its broader move toward internationally branded residential projects.

• Luxury residential development · 2022

  Villa Park

  Villa Park is a premium residential project that NEXT Property began developing in 2022. The available source identifies it as part of the company's luxury-oriented portfolio but does not specify its detailed design, location, or operating model.

• Premium residential development · 2023

  NEXT Collection

  Launched in Batumi in 2023, NEXT Collection is part of the company's premium residential offering. Public reference material does not provide a detailed breakdown of its buildings, amenities, or service proposition.

• Mixed-use development · 2023

  NEXT Address

  NEXT Address is described as a large mixed-use development launched by NEXT Property in 2023. It reflects the group's emphasis on integrated communities combining residential space with commercial and lifestyle functions.

• Branded residential development · 2024

  NEXT Amani

  NEXT Amani is an international development launched in 2024 in Tatu City, Kenya. Its launch marked NEXT Property's entry into the Kenyan market and extended the company's premium, hospitality-linked residential concept into an emerging mixed-use urban destination.

• Residential development · 2024

  NEXT Coral

  NEXT Coral is a NEXT Property project on Dubai Islands in the United Arab Emirates. Introduced in 2024, it represents the company's entry into the Dubai Islands market and its strategy of pursuing premium destination-oriented property in international locations.

• Residential development · 2024

  NEXT Gardens

  NEXT Gardens is associated with the company's expansion in Georgia and was introduced in the Kvariati area during 2024. The reference material provides no further verified details about its scale, amenities, or completion.

• Mixed-use or urban development · 2024

  Tbilisi Downtown

  Tbilisi Downtown is a project introduced by NEXT Property in Georgia's capital during 2024–2025. It extends the developer's activity from Batumi into Tbilisi and forms part of its broader urban and mixed-use development pipeline.

• Mixed-use development · 2024

  Tbilisi Oriental

  Tbilisi Oriental is described as a 21-story mixed-use development in Tbilisi's Ortachala district on the Mtkvari River. Its stated architectural concept uses high-tech styling, including exposed concrete, iron elements, and glass. The project was introduced during 2024–2025.

• 2025

  Enter the Zanzibar marketStrategy

  Background

  NEXT Property continued seeking international locations for premium and destination-oriented real estate projects.

  Action taken

  The company initiated a Zanzibar project in partnership with the creative branding agency Brash.

  Aftermath

  The initiative extended NEXT Property's documented development activity into Tanzania.

  Source

• 2024

  Accelerate international expansionStrategy

  Background

  After establishing a portfolio in Georgia, NEXT Property pursued growth in additional destination and urban markets.

  Action taken

  The company launched projects in Tatu City, Kenya, and Dubai Islands in the United Arab Emirates, while continuing to develop projects in Georgia.

  Aftermath

  The company's documented operating footprint expanded to include Kenya and the UAE alongside Georgia and Spain.

  Source

• 2021

  Adopt branded residences through a Wyndham partnershipStrategy

  Background

  NEXT Property was developing premium residential and hospitality-oriented projects and sought to connect its developments with established international hotel brands.

  Action taken

  The company partnered with Wyndham Hotels & Resorts to develop branded residences.

  Aftermath

  The partnership reinforced NEXT Property's positioning around service-led residential developments and preceded further branded and mixed-use projects.

  Source

1. 1NEXT Property Groupen.wikipedia.org