The recently unveiled Adjarabet Arena stadium in Georgia’s Black Sea city of Batumi has received a prize promoted as a “real estate Oscar” on Friday for best public infrastructure.
The sports facility was singled out for the prize at the FIABCI-Georgia Prix d’Excellence Awards, organised by the national branch of the international real estate federation.
A jury panel composed of leading industry experts from Georgia and other countries selected the winning projects based on internationally recognised FIABCI criteria.
The win means the stadium will be among other winning projects to feature in the FIABCI Prix d’Excellence Awards in June 2023 in the United States.
Photo: Government of Autonomous Republic of Adjara
Supported by Bank of Georgia, Galt & Taggart and Digital Area, the event was aimed at positioning Georgia on the international map as a country that develops “high-level projects of the future”, FIABCI-Georgia said.
Founded in 2019, the national branch of the international real estate federation now includes around 40 leading companies operating on the Georgian real estate market.