GEO Mall
An Excellent lasting quality shopping
Core Business
The main objective of GEO Mall is to manage a network of shopping centers that provide a wide variety of retailers, dining establishments, and ancillary services, resulting in an all-encompassing shopping and leisure experience.
Different sides of GEO Mall
Real Estate
Retail
Food and Beverage
Entertainment
Hospitality
Advertising
About the Industry
Malls, also known as shopping centers, are a commercial building complex that includes multiple shops, restaurants, and entertainment facilities, with the aim of providing a one-stop destination for shopping and leisure activities. They are usually located in densely populated areas and are designed to attract a large number of customers. The global mall industry has grown significantly over the past few decades, and malls are now a common sight in almost every major city in the world.
Global Market Size
The global mall market size was valued at USD 4.76 trillion in 2020 and is expected to grow at a CAGR of 9.5% from 2021 to 2028. The growth of the industry is mainly driven by the increasing disposable income of consumers, rising urbanization, and changing consumer preferences. The trend of online shopping has also contributed to the growth of the mall industry, as malls are now incorporating e-commerce into their business models to attract customers.
Trends
One of the major trends in the mall industry is the development of larger and more luxurious malls that offer a range of experiences and services, including high-end retail, fine dining, and entertainment. Another trend is the growing popularity of mixed-use developments that incorporate residential and office spaces along with shopping centers. This trend reflects the desire for people to live and work in close proximity to entertainment and retail facilities.
Issues
One of the key issues facing the mall industry is the impact of the COVID-19 pandemic. The pandemic has forced many malls to close temporarily or operate at reduced capacity, leading to a decline in foot traffic and sales. However, the industry has adapted by implementing safety measures, such as mandatory masks and social distancing, and by offering e-commerce options to customers.
Opportunities
There are several opportunities for the mall industry, including the growing demand for experiential retail, the increasing popularity of e-commerce, and the rising middle class in emerging markets. Malls that are able to offer a unique and memorable shopping experience, such as incorporating interactive technology and immersive experiences, are likely to be successful. The growth of e-commerce has also created opportunities for malls to incorporate online shopping into their business models, such as offering click-and-collect services and digital storefronts.
Potential Role of GEO Mall
GEO Mall has the potential to be a major player in the mall industry. With its focus on providing a one-stop destination for shopping and entertainment, GEO Mall can leverage the growing trend of experiential retail to attract customers. By incorporating innovative technology and immersive experiences, GEO Mall can offer a unique and memorable shopping experience that sets it apart from competitors. Additionally, as a chain of shopping malls, GEO Mall can benefit from economies of scale and create a strong brand presence in the market.
Invest on
GEO Mall's Projects
Are you looking to invest in a growing business with a proven track record of success? Look no further than GEO Mall, the premier shopping destination in Georgia. With a focus on providing a one-stop shopping and entertainment experience for customers, GEO Mall has established a reputation as a top destination for locals and tourists alike.
Our malls offer a diverse range of stores and restaurants, as well as entertainment options like movie theaters, bowling alleys, and arcades. We pride ourselves on creating a welcoming and inclusive atmosphere that keeps customers coming back time and time again.
As the retail industry continues to evolve, we are constantly innovating to stay ahead of the curve. Our team of experienced professionals is committed to staying up-to-date on the latest trends and technologies to ensure that GEO Mall remains at the forefront of the industry.
Investing in the GEO Mall means investing in a stable and profitable business with a proven track record of success. With multiple locations across Georgia and plans for continued expansion, now is the perfect time to join us and become a part of the GEO Mall family.
To learn more about investment opportunities with GEO Mall, click the button below and get in touch with our team.
GEO HOLDING
ADVISORY BOARD
Nika Javakhishvili
Legal Advisor
Ana Kalandadze
Marketing Advisor
Davit Qobuladze
Financial Advisor
Mariam Tsereteli
Mariam Tsereteli
Giorgi Kartvelishvili
Technology Advisor
Natia Meskhi
Operations Advisor
Levan Gogoladze
Strategy Advisor
Tamar Lomidze
Customer Experience Advisor
Join GEO Mall's Boards
At GEO Mall, we are committed to creating a one-stop destination for shopping and entertainment, and we believe that we can achieve this goal by bringing on board the best talent in the industry. As we continue to grow, we are looking for experienced and skilled individuals to join us in leading our company to new heights.
If you have a passion for retail, a proven track record of success, and are looking for an opportunity to make a difference, then we want to hear from you. As a member of our team, you will have the chance to work with some of the best minds in the industry, and help shape the future of shopping and entertainment.
We are currently seeking individuals to join our Advisory Board, Supervisory Board, Board of Directors, or as CEO, who can bring their expertise and experience to help us achieve our goals. We are looking for individuals who are strategic thinkers, possess strong leadership skills, and have a deep understanding of the retail industry.
If you are interested in joining our team and being part of something exciting, we encourage you to apply today. We believe that by working together, we can achieve great things and create a shopping experience like no other.
Why Georgia?
Advantages and opportunities of doing the mall business in Georgia:
- Strategic Location: Georgia is located at the crossroads of Europe and Asia, providing easy access to both continents. As a result, the country has emerged as a transit hub and a gateway for trade, investments, and business opportunities.
- Low Cost of Doing Business: Georgia has a simple tax system, a liberal business environment, and a low cost of labor. The country has a flat income tax rate of 20%, and it has implemented several reforms to streamline bureaucracy, reduce corruption, and improve the ease of doing business.
- Tourism Potential: Georgia is a popular tourist destination, with a rich cultural heritage, scenic landscapes, and a diverse cuisine. The country attracts millions of visitors every year, providing ample opportunities for the mall business to cater to the needs of tourists.
- Growing Middle Class: Georgia has a growing middle class with rising purchasing power, which is driving demand for consumer goods and services. The mall business can tap into this market by providing a variety of products and experiences to meet the needs and preferences of the growing middle class.
- Rapid Urbanization: Georgia is experiencing rapid urbanization, with a significant population shift from rural to urban areas. This trend is creating demand for modern retail spaces, including malls, in urban areas.
- Government Support: The Georgian government is actively promoting foreign investments in the country, including in the mall business. The government has implemented several initiatives to attract foreign investments, including tax incentives, subsidies, and streamlined regulatory procedures.
- Strong Economic Growth: Georgia has been experiencing strong economic growth in recent years, driven by investments, tourism, and exports. The country’s GDP is expected to continue growing, providing a favorable macroeconomic environment for the Mall business to thrive.
Conclusion
GEO Mall is a significant player in the retail and entertainment sectors, providing a full range of leisure and retail activities. GEO Mall is a series of shopping centers that promises to offer patrons a variety of retailers, culinary establishments, and facilities all under one roof. GEO Mall is well-positioned to succeed in the competitive market and establish itself as a top choice for people looking for a convenient and pleasurable shopping experience because to its dedication to providing high-quality services and a varied selection of offers
For More Information
Address
No. 7, Robakidze Ave, Tbilisi, Georgia
Phone
+995 596 896 000
info@geoholding.ge