{
  "id": 8051133,
  "title": "Trump Organisation to build 62-storey 'ultra-luxury' tower in Georgia",
  "url": "https://urgent.news/2026/09/17/trump-organisation-to-build-62-storey-ultra-luxury-tower-in-georgia",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-17T15:38:48.000Z",
  "source": {
    "name": "The National Business",
    "slug": "the-national-business",
    "url": "https://www.thenationalnews.com/business/property/2026/09/17/trump-organisation-to-build-62-storey-ultra-luxury-tower-in-georgia/"
  },
  "original_language": "en",
  "account": "A towering 62-storey ultra-luxury Trump Tower has been revealed as part of a $2 billion development project in Tbilisi, Georgia's capital city. The skyscraper, slated to stand at 280 metres tall, will become the tallest building in the country and serve as a cornerstone for Tbilisi's push to establish itself as an international investment and real estate hub. The complex, spanning six towers and covering 600,000 square metres, offers studio apartments for $290,000, translating to $7,000 per square metre. Complementing the residences are high-end hospitality services, luxury retail, world-class dining, and leisure spaces. The project is a collaboration between American real estate giant the Trump Organisation, Georgian developers Archi and Invia, and New York-based Sapir Organisation. It is being built through a financing package from TBC Bank and Bank of Georgia. The development's architectural design will be handled by global firm Gensler, which has offices in Abu Dhabi and Dubai. The announcement of the project was made at an exclusive event in Tbilisi attended by business leaders, investors, and Georgian Prime Minister Irakli Kobakhidze. Eric Trump, executive vice president of the Trump Organisation, gave an initial rendering of the tower in May, heralding it as a soon-to-be \"landmark\" due to its prime location in the heart of Tbilisi. The Trump Organisation has a diverse portfolio of real estate ventures, including resorts, hotels, golf courses, and residential properties, with a significant focus on the Gulf region and the Middle East. The company plans to expand its real estate empire further, with recent announcements of projects in Saudi Arabia and India. For Georgia, the arrival of Trump Tower is seen as a significant boost to the country's investment climate, highlighting its appeal to international investors, residents, and tourists. With a GDP growth of 7.5% in 2025 and free trade agreements with the UAE, EU, China, and the Commonwealth of Independent States, Georgia offers access to a market of approximately 2.3 billion consumers. Archi Group co-founder and chairman Ilia Tsulaia likens Tbilisi to Dubai at a similar stage of becoming a truly global destination.",
  "summary": "A new Trump-branded property has been unveiled as part of a $2 billion development for Georgia's capital, Tbilisi, marking the entry of US President Donald Trump's conglomerate into the Caucasus. The “ultra-luxury” 62-storey mixed-use Trump Tower Tbilisi will be the tallest skyscraper in Georgia at 280 metres. It is being positioned as a cornerstone of a strategy to pitch Tbilisi as “an…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The National UAE",
        "title": "Trump Organisation to build 62-storey 'ultra-luxury' tower in Georgia",
        "url": "https://urgent.news/2026/09/17/trump-organisation-to-build-62-storey-ultra-luxury-tower-in-georgia-8052628",
        "published": "2026-09-17T15:38:48.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}