
Residential
Mayakovsky Residence
Tbilisi
Company contract
Confidential · August 2026
Soho is a consolidation, not a start-up. Two of the four arrive with clients, teams and revenue already in place; the holding above them is what is being created.

Originate · Underwrite · Design & permit · Lease-up
Engine A · inside
Originates, underwrites, permits and develops the Group’s assets across residential, mixed-use, commercial, hospitality and logistics.
Engine B · outside
Development manager for landowners and institutions that hold the land but not the capability.
Development management

Build · Deliver
Engine A · inside
Construction and design management, general contracting, owner’s engineer and technical supervision for the Group’s own assets, delivered to FIDIC standards.
Engine B · outside
The NK Consulting practice — contracting, owner’s engineer and technical supervision for third-party clients across residential, hospitality, retail, corporate, healthcare and infrastructure projects.
NK Consulting
Residential, hospitality, retail, corporate, healthcare and infrastructure. The record belongs to the team now inside Soho Construction, including work delivered before the Group was assembled.
60+
Projects delivered by the team
500,000 m²
Built area delivered by the team
6
Asset classes covered
The introduction distinguishes projects delivered under company contract from projects delivered in management and supervisory roles. The labels below preserve that distinction; this is not a claim that Soho Capital Group itself contracted every project.

Residential
Tbilisi
Company contract

Hospitality
Tbilisi
Management and supervision

Retail
Tbilisi
Management and supervision

Infrastructure
Georgia
Management and supervision

Residential district
Tbilisi
Management and supervision

Multifunctional
Tbilisi
Management and supervision

Corporate
Tbilisi
Company contract

Logistics warehouse
Georgia
Management and supervision
Kutaisi (company contract) · m² Mirtskhulava 6 · Archi Tamarashvili 13 · Kiketi · Homer Alpha · Green City Lisi · m² Hippodrome · m² Chavchavadze 50
Rooms Hotel Tbilisi · Bazzar Boutique · Holiday Inn · InterContinental · Kempinski · Gudauri Lodge · Château Mukhrani · IBIS Airport
Tbilisi Mall · McDonald’s Isani · Imedi L · Aldagi · Mziuri (company contract) · Georgian Clinics · Oncology Center · Museum of Fine Arts · European School
Kutaisi and Mziuri are marked as company-contract work in the introduction. Other projects in this list are attributed to management and supervisory roles.
FedEx · Basisbank · Evex · Vian · Gepha · Aldagi · Imedi L · Greenway · Quantori · m² Real Estate
Source: Soho Capital Group Introduction, August 2026, pages 11 and 18.

Structure capital · Exit
Engine A · inside
Structures and raises the capital behind the Group’s assets.
Engine B · outside
The Golden Gate practice — fundraising, structuring and investment advisory for sovereign funds and family offices.
Golden Gate Investment Advisory

Lease-up · Operate & exit
Engine A · inside
Operates, leases and manages completed assets to protect income and long-term value.
Engine B · outside
Professional management for third-party landlords, priced against assets under management.
Third-party asset management
Asset classes are not separate businesses — commercial, hospitality and logistics assets are built by Development with Construction, then operated by Asset Management.
Five of the seven stages are performed by wholly-owned businesses. The fees a conventional developer pays away stay inside the Group — that is the whole economic case for integration.
Leadsholds the pen and the risk at that stage
supportscontributes capability, does not own the stage
The capital-light half of the business. No Group capital is committed, revenue starts at signature and recurs — and this flow already runs today inside NK Consulting and Golden Gate. Exposure is professional and contractually limited, never financial.
An inbound request from the existing client base.
Standard scope, priced to market, conflict-screened.
Development, construction, fundraising or management.
The same team, the same standard as a Group asset.
Handover, closed raise or stabilised asset.
The client retains Soho, or brings the next asset.
A satisfied client is the cheapest source of the next mandate — and often becomes a co-investor.
The fee book scales with assets under management rather than with development volume. That is what makes Engine B capital-light and steadier than the development cycle it sits beside — and it is running today.
Georgia today. Regional growth ahead.
Current market & growth