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09 May 2026

Renshin launches a new project at Tumanyan 8 Street

A major new urban development project has officially commenced in Yerevan's city center. "Renshin" has announced the construction of a premium, mixed-use complex located at 8 Tumanyan street. Located at the intersection of Tumanyan and Hanrapetutyun streets, the project seamlessly integrates residential, investment, commercial, and aparthotel spaces, offering a sophisticated and multifunctional environment in the center of Yerevan.

"For us, every new milestone is not merely a new address; it represents, first and foremost, our brand’s accountability to the city in creating a lasting architectural legacy," shares Ani Mavyan, Strategic Development director of "Renshin".

"The high sales dynamics of our Skyline project — particularly the strong demand for compact apartments with a distinct international investor vector — demonstrate that Armenia's real estate market remains highly attractive to global investors," she added.

This comes as no surprise to "Renshin", as the company has been consistently driving industry reforms to position Armenia as an increasingly attractive hub for international investments.

By combining a limited number of residential apartments with an 8,000-square-meter aparthotel area, the project effectively addresses the shortage of premium residential spaces in Yerevan city center. This strategic mix enhances the property’s investment appeal, guarantees high liquidity, and ensures the continuous appreciation of the project’s value. The Tumanyan 8 project will offer a world-class environment designed according to international standards, forming a space, secluded from the city center’s noise that offers a refined quality lifestyle.

The apartments, ranging from 30 to 70 square meters, present an exceptional opportunity for premium rental purposes. Meanwhile, the spacious 100 to 200-square-meter residences and expansive penthouses featuring private terraces are tailored for those seeking real estate that seamlessly blends unparalleled comfort with the vibrant atmosphere of the city center.

True to its principle of continuous development, "Renshin Urban Investments" integrates leading international expertise into Armenia’s urban development sector, delivering high-end, innovative projects. The company does not simply build properties; it shapes new standards of living, forming environments where comfort and harmony become integral parts of everyday life.

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