ABOUT NEXT PROPERTIES

Beyond the Expected.

From a first address in Batumi to homes across new horizons. Discover where we began, how we have grown and the people and expertise behind the NEXT name.

Discover our story
NEXT Coral pool and residential architecture, architectural rendering
NEXT Coral · Dubai Islands · Architectural rendering

01 / HOW WE BEGAN

Our Story

NEXT Orange · Batumi · Building exterior

A first project. A lasting ambition.

Our story began in Batumi in 2018, when Kakha Devadze founded NEXT and introduced its first project, NEXT Orange.

From that starting point on Georgia’s Black Sea coast, the company expanded into residential development and hospitality. New projects brought different settings, architectural approaches and ways to live.

Today, NEXT Properties brings the residential collection together across Georgia, the United Arab Emirates, Kenya and Spain. It is a place to explore each development on its own terms: the location, the design, the home and the details that make it right for you.

Explore the completed portfolio

02 / MILESTONES THAT SHAPED US

Our Journey So Far

From Georgian beginnings to an international portfolio, these milestones trace NEXT’s published company history.

  1. 2018

    A beginning in Batumi.

    Kakha Devadze founds NEXT in Batumi. NEXT Orange is its first project.

  2. 2020

    A growing residential portfolio.

    NEXT Apartments begins construction, alongside the expansion through NEXT Green and NEXT White.

  3. 2021

    A move into hospitality.

    NEXT Hotels launches. Wyndham becomes the first global hotel-brand partnership, and Villa Park begins construction.

  4. 2022

    A broader coastal vision.

    Radisson Blu Residences and NEXT Collection mark the next stage of the company’s resort-living portfolio.

  5. 2023

    Expansion into Dubai.

    Construction begins on NEXT Coral at Dubai Islands, extending NEXT’s residential portfolio into the UAE. NEXT Address launches in Batumi, alongside construction of NEXT Gardens.

  6. 2024

    Expansion into Africa (Kenya).

    NEXT enters Africa with the announcement of NEXT Amani in Kenya, extending its residential portfolio to a third continent.

  7. 2025

    Expansion into Spain.

    NEXT expands into Spain with Villa Perla, adding a Mediterranean residential project to its international portfolio.

  8. 2025

    Expansion into Zanzibar (second African market).

    NEXT announces its expansion into Zanzibar, adding a new East African destination to its development plans.

  9. 2025

    A new chapter in Tbilisi.

    Tbilisi Oriental brings a new riverside residential project to Georgia’s capital, on the banks of the Mtkvari River.

Explore our company history

03 / PART OF A WIDER VISION

Our Parent Group

Shaping What Comes Next.

Shared ambition. Specialist expertise.

NEXT Group brings together the businesses that imagine, develop, build, operate and care for places. It provides a shared direction while giving each specialist company a clear role.

NEXT Properties is the Group’s property-development and residential sales business. It connects the vision for a place with the home, its design and the experience of choosing and buying it.

The wider Group brings construction, property management, hospitality and investment management into the same family. Their responsibilities remain distinct, with the relevant services and providers confirmed for each project.

Discover NEXT Group

Presentation concept: the parent and sister-company relationships shown here reflect Ehab Shouly’s proposed future brand architecture for NEXT, subject to company approval.

04 / CONNECTED BY THE NEXT NAME

Our Sister Companies

Alongside NEXT Properties, five specialist businesses contribute to the wider Group. NEXT Hotels sits within NEXT Hospitality.

NEXT Construction

Building Quality. Elevating Standards.

The specialist focus on construction delivery, building quality and the standards that turn a design into a place.

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NEXT Property Management

Care Beyond the Keys.

Property care and owner services after handover, including the ongoing management and facilities responsibilities agreed for each building.

Explore NEXT Property Management

NEXT Hospitality

Elevating Hotels. Enhancing Performance.

Hotel operations and performance, connecting the needs of owners and operators with the experience of guests.

Explore NEXT Hospitality

WITHIN NEXT HOSPITALITY

NEXT Hotels

Your Next Great Stay.

The guest-facing hotel brand, focused on the welcome, comfort and experience of a stay.

Explore NEXT Hotels

NEXT Investment Management

Seeing Further. Creating Value.

Investment evaluation, capital planning and portfolio oversight, with a wider perspective on the Group’s growth.

Explore NEXT Investment Management

05 / THE PEOPLE BEHIND THE VISION

Leadership Team

Introducing the founder and executive roles behind the Group’s direction, people, delivery and growth.

Kakha Devadze and Sofio Chelidze are named profiles. The other six roles use fictional names, illustrative portraits and sample summaries for this presentation, pending NEXT’s approved leadership details.

Kakha Devadze, Founder of NEXT, wearing a navy suit and white shirt against a warm beige-grey studio background; digitally styled for this presentation

Founder

Kakha Devadze

Founded NEXT in Batumi, shaping its development and international growth.

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Sofio Chelidze, Chief Executive Officer of NEXT, wearing a black suit with white trim and black blouse; digitally styled for this presentation

Chief Executive Officer

Sofio Chelidze

Experience across banking, investment management and organisational leadership.

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Shaping What Comes Next.

One Group.
Expertise at every stage.

Explore the NEXT businesses

A closer look

Official NEXT project film. Explore the film library ↗

Selected project image