Warehouses in Georgia: Rents, Locations and Major Developments

Tbilisi rents and the gap between older and modern buildings

A Galt & Taggart release dated 29 July 2026 puts Tbilisi warehouse stock at approximately 1.26 million square metres in 2025. More than 80% was described as lower-class space. The company reported rent reaching USD 6.3 per square metre, following a 60% increase since 2022. This is a dated market observation, not a quotation for any particular building. The same release forecast 31% additional supply by the end of 2027, with 85% of planned projects around Samgori and the city’s entrances. That pipeline remains a forecast rather than completed stock. [1]

An earlier Galt & Taggart workshop quoted dry-warehouse rents of USD 5–6 per square metre, excluding taxes. Its survey covered 40 companies accounting for up to 40% of Tbilisi’s warehouse demand; many expected to meet additional requirements by building their own premises. [2] Together, these publications describe a market where rent growth and limited suitable large buildings have encouraged owner-occupation as well as third-party development.

Regional rents in TBC Capital’s 2024 market study

TBC Capital’s study, published in March 2025 and covering the 2024 industrial and logistics market, estimated approximately 2.2 million square metres nationally. It classified 67% as owner-occupied and 33% as leasable. This national estimate and the later Galt & Taggart Tbilisi series have different coverage and dates. They should be read separately. [3]

These benchmarks exclude the applicable taxes and, where specified by the study, service fees. A handling contract can make a facility economically active without appearing as a conventional occupied lease. This is particularly relevant in Poti, where fast cargo movement matters more to many operators than long-term floor-space occupation. Consequently, the study’s leased-space occupancy measures do not describe every terminal’s utilization. [3]

Samgori, Isani and the airport side of Tbilisi

The eastern part of the capital combines access to the airport, industrial land, rail infrastructure and the roads toward Azerbaijan and Armenia. Samgori and Isani therefore appear repeatedly in warehouse and distribution discussions. Nadzaladevi and other northern industrial areas remain relevant to businesses already established there, while premises on the city’s approaches can accommodate larger yards than a constrained inner-city plot.

The location affects the type of tenant. Supermarket and consumer-goods distribution involves repeated delivery work across Tbilisi and the regions. An airport-linked cargo business needs a different relationship with customs storage and handling. A container depot earns from the movement and temporary holding of equipment as well as from buildings. Treating all three as square metres of “warehouse” obscures their different commercial functions.

Gebrüder Weiss: a larger site is not all covered storage

Gebrüder Weiss announced its third Tbilisi expansion on 9 October 2024. The company described an extension of approximately 13,000 square metres and a total site of 142,000 square metres combining warehousing, handling space, railway, parking and open areas. The total is not 142,000 square metres of covered warehouse floor. Its announcement also records a rail connection added in 2020 and an investment of EUR 11.5 million in the latest expansion. [4]

The airport-area operation combines truck, rail, air and sea logistics with customs and warehouse services. Its presence illustrates the distinction between renting an empty building and buying an operated logistics service: customers may be purchasing receiving, storage, consolidation and delivery from one provider rather than managing those activities themselves.

Tbilisi Intermodal Hub added a new inland container facility

AD Ports Group inaugurated the first phase of Tbilisi Intermodal Hub on 3 June 2025. The opening announcement described three 600-metre railway spurs, a 50,000-square-metre container yard and a 2,500-square-metre Class B warehouse, with initial handling capacity of up to 96,000 TEU annually. The group held a 60% interest at inauguration, with Inveco and Wilhelmsen as partners. [5]

The June 2025 announcement proposed a 9,800-square-metre Class A warehouse and another rail spur in a later phase. The operator’s facilities page, checked on 3 November 2026, now advertises four 600-metre railway spurs, a 9,800-square-metre Class A warehouse, a 2,500-square-metre Class B warehouse and annual handling capacity of up to 200,000 TEU. [8] These are the operator’s published specifications and capacity, rather than a report of cargo actually handled. Its milestones page lists Phase II without a completion date. [9] The inland facility connects containers arriving through Poti or Batumi with the capital’s distribution market.

Kutaisi, Batumi and Poti have different customers

Kutaisi’s industrial activity and Free Industrial Zone support manufacturing-related storage and assembly. Its lower rental benchmarks in the TBC study reflect a different property market from Tbilisi. The availability of inexpensive space does not create the same consumer catchment as the capital; its value lies in the production and regional-distribution work that can be carried out there.

Batumi combines port cargo with a growing coastal city and hospitality economy. Poti is more directly organized around container, bulk and onward freight. The original distinction between dry and temperature-controlled storage remains important in all these locations: food and pharmaceutical goods need conditions that ordinary industrial premises do not automatically provide. National warehouse area cannot be converted into cold-chain capacity without information about the actual installations.

Domestic logistics companies are adding distribution buildings

TBC Bank Group’s 2025 annual report provides a concrete example of this investment. It records financing a 13,000-square-metre GIANTI Logistics warehouse during 2025, subsequently leased to a major retail company. The same account describes GIANTI’s existing Class A storage and further premises under construction at the reporting date. These are separate categories: a financed, leased building is different from a development pipeline. For the Georgian market, the example shows that large retail distribution contracts are supporting purpose-built facilities alongside traditional industrial storage. [7]

Customs storage is a separate service category

The Revenue Service publishes a classification of places for storing goods, including customs warehouses, terminals and other approved categories. Goods under customs supervision follow these arrangements; ordinary commercial storage does not acquire customs status because it sits near a port or a Free Industrial Zone. [6] For importers, this distinction determines where uncleared stock can be held and which operator maintains the relevant records.

MarketEntry.ge assists with local property and operator research across the logistics sector, including connections to Georgia’s transport system. Contact us for assistance with a warehouse, distribution or logistics investment in Georgia.