Our story

About Covalent Bond

We built Covalent Bond on one principle: real estate investment must be transparent, professionally managed, and genuinely rewarding.

Last updated: · Author: Hasan Shhade

The platform

Structured investment management

Covalent Bond is a private real estate investment office operating in Batumi and Tbilisi, Georgia. We provide structured access to the Georgian market — sourcing, acquiring, operating, and reporting on residential assets for private investors across Israel and the Gulf.

Our platform covers the entire investment lifecycle: market research, unit selection, legal coordination, interior finishing, tenant management, monthly reporting, and exit strategy. Investors receive a fully managed, income-generating asset — not just a property deed — with structured income and long-term asset growth.*

We operate with a two-office structure: a client office in Haifa, Israel, handling investor relations and deal origination; and field operations in Batumi and Tbilisi managing all on-ground execution.

Operational differentiator

Post-sale operational continuity — after the sale, we manage your asset as a business. Tenants, maintenance, utilities, financial reporting, and occupancy optimization are fully handled by our on-ground team.

5Active projects
3Markets active
Company vision

Three-stage evolution

01 · Now · Active

Real estate investment & management company

We acquire, manage, and operate fully for our clients in Batumi and Tbilisi.

02 · Near future

Real estate infrastructure company

Expanding the platform to serve developers, brokers, and service providers.

03 · Long-term vision

PropTech platform

Building the first global integrated platform for the complete real estate investment lifecycle.

Where we operate

Two offices, one accountable team

Israel office

Tamra, Haifa District

Client relations & appointments — investor onboarding, consultations and partnerships for the Middle East region.

Tamra, Haifa District · +972 4-836-8674
Georgia office

Batumi & Tbilisi

Customer service & local operations — field execution, property management, project follow-up and client services on the ground.

Lech and Maria Kaczynski Street N 9, Batumi, Georgia · +995 593 170 163 (WhatsApp)
Hasan Shhade — Founder, Covalent Bond
The founder

Hasan Shhade

Founder & Real Estate Investment Advisor · Covalent Bond LLC

Hasan Shhade is the founder and principal of Covalent Bond LLC, a private real estate investment office. Based in Haifa, Israel, he built Covalent Bond from the ground up — identifying Georgia's real estate market as one of the highest-opportunity, lowest-competition markets accessible to international private investors.

His advisory approach is built on three pillars: rigorous market analysis, transparent deal structures, and full post-sale management. Every investor who works with Hasan receives direct access to his network, his knowledge, and his team — from first inquiry through property exit.

Hasan's client base spans investors from Israel, Saudi Arabia, the Gulf and the UK. His multilingual reach — Hebrew, Arabic, English, and Russian — makes Covalent Bond one of the few firms capable of serving the full Middle East and CIS investor market simultaneously.

Advisory specialization
  • Georgian real estate market intelligence
  • Portfolio structuring for international investors
  • Income-generating asset management
  • Cross-border transaction coordination
  • Exit strategy and capital repatriation
4Languages
8Projects
100%Managed
Where we invest

Our markets — Batumi & Tbilisi

Batumi, Georgia — Black Sea coast skyline at nightBlack Sea coast

Batumi, Georgia

Batumi is Georgia's fastest-growing resort city — a Black Sea destination with year-round tourism, no property ownership restrictions for foreigners, and one of the most investor-friendly tax environments in the world. The city has seen consistent double-digit price appreciation in premium districts.

Our Batumi portfolio focuses on hotel-managed residences and short-term rental properties in the Old Boulevard and New Boulevard corridors — the highest-demand zones for occupancy-backed income.

Tbilisi, Georgia — capital city skyline at nightCapital city

Tbilisi, Georgia

Tbilisi is Georgia's economic and cultural capital — a city of 1.1 million with a rapidly expanding tech sector, growing expat community, and strong long-term rental demand. The city combines historic urban character with emerging-market growth fundamentals.

Our Tbilisi portfolio targets established districts with consistent long-term rental demand — primarily Vake, Saburtalo, and Didube — where international tenants and corporate leases drive reliable income streams.

Projections are indicative only and are not guaranteed. Past performance is not indicative of future results.

Portfolio

Delivered & upcoming projects

Delivered projects

Delivered

Blue Sky Tower

Batumi, Georgia

Residential tower delivered and fully operational. Investor units handed over and under active rental management by our on-ground team.

Delivered

Steps Hotel

Batumi, Georgia

Hotel-serviced investment units fully delivered and generating income distributions. Renovation and fit-out completed by our in-house team.

Delivered

Alliance by Marriott

Batumi, Georgia

Marriott-branded hospitality residences fully delivered. Units under hotel management with ongoing income distributions to investors.

Delivered

Batumi View

Batumi, Georgia

Residential development with sea and city views delivered and fully operational. Tenant placements completed post-delivery by Covalent Bond's property management team.

Upcoming & active

Dec 2027 · Dec 2028

CUBE Towers · OVAL Hotel

Batumi, Georgia · by enquiry

Landmark developments — CUBE Towers (delivery December 2027) and OVAL Hotel (delivery December 2028) residences. High-specification units with hotel-managed rental programmes.

Dec 2029

Silk Towers

Batumi, Georgia · by enquiry

Branded residences (Sofitel and Radisson Collection) in Batumi's flagship beachfront development designed by Kengo Kuma & Associates. Delivery December 2029.

Dec 2030

Ambassador First Tower

Batumi, Georgia · by enquiry

The anchor tower of the Ambassador Island masterplan. Resort-managed residences on Batumi's beachfront.

Dec 2030

Lamborghini Tower

Batumi, Georgia · by enquiry

The most prestigious branded development in the Georgian market. Strictly limited inventory, branded hospitality management, and the highest-specification finishes in Batumi.

How we work

What we manage after you invest

Most real estate firms sell you a unit and disappear. Covalent Bond operates differently — once you invest, our team takes ownership of the day-to-day management so your asset performs like a business, not a liability.

01

Property management

Full tenancy management: tenant sourcing, lease agreements, rent collection, maintenance coordination, and occupancy optimization. You receive monthly income statements with no operational involvement required.

02

Renovation & furnishing

We handle complete interior fit-out from raw delivery state to rental-ready — flooring, fixtures, furniture packages, appliances, and staging. Our in-house team in Batumi and Tbilisi executes to a defined premium standard on a fixed-scope budget.

03

Investor support

Dedicated support from first inquiry to exit. Legal coordination, notary services, title registration, banking setup, currency conversion, and ongoing advisory. Your investment is backed by a team that knows the Georgian system from the inside.

04

Financial reporting

Monthly income statements, occupancy reports, and annual performance reviews. You always know exactly what your property earned, what it cost to operate, and what the current valuation trajectory looks like.

05

Market sourcing & deal access

Pre-market access to premium units across Batumi and Tbilisi before public launch. Our developer relationships give investors priority pricing, early allocation, and handpicked selection tailored to their portfolio goals.

06

Exit strategy & resale

When you're ready to exit, our network handles the resale process. We connect sellers with our buyer pool — typically achieving faster disposals and better pricing than open-market listings. Capital repatriation coordinated with legal and banking partners.

Our investors

Private investors and family offices. One platform.

Our investor portfolio spans private individuals and family offices across Israel, Saudi Arabia, the Gulf and the UK — each with a different entry point, goal, and timeline.

Some investors come in with a single first studio in Batumi. Others build multi-unit portfolios across both Batumi and Tbilisi over multiple project cycles. Our platform is built to serve both — with the same standard of service at every level.

What unifies them: every investor has full transparency, a dedicated contact person, and a managed asset — not a property sitting idle waiting for resale.

5Countries served
100%Managed portfolios
Who invests with us
  • Private investors (IL, SA, Gulf)
  • Family offices
  • First-time overseas buyers
  • Portfolio builders (multi-unit)
  • Diaspora investors
  • UK clients
Team

The people behind the office

Meet the team
Hasan Shhade — Founder & Chief Executive Officer, Covalent Bond
Founder & Chief Executive Officer

Hasan Shhade

Strategy, private consultations, partnerships

Razi Serhan — Real Estate Advisor & Sales Manager, Covalent Bond
Real Estate Advisor & Sales Manager

Razi Serhan

Investor site tours, market analysis, purchase support · Batumi & Haifa

Next step

Begin investment onboarding

15 minutes is all it takes to understand whether Georgia is right for your portfolio.

Real estate is the asset. Intelligence is the advantage.

Book a Consultation