18/01/2012

Prime Property Award 2012

Czech Green Building Council is a partner of the prestigious competition Prime Property Award 2012. The aim is again to find exemplary property investment projects in Europe that combine ecological and socio-cultural sustainability with commercial success. The deadline for submitting entries to the Prime Property Award was 31 December 2011 – 160 entries from 19 European countries were received.
The phase 1 competition entries will be assessed by an international jury of eleven experts. Approximately 30 entries will be selected to go through to phase 2 of the competition. From these participants, the most highly ranked entries will be chosen and then the winners determined. The Prime Property Award was first awarded in 2008; the main organizer of the competition is the Union Investment Real Estate GmbH.
The theme of the 2012 Prime Property Award is “Recognising Leadership in Sustainability”. As mentioned, the aim is to find exemplary property investment projects in Europe that combine ecological and socio-cultural sustainability with commercial success. The competition’s international jury believes that these three sustainability criteria are fundamental to the future of the real estate sector, because they take aspects such as responsible use of natural resources into account, as well as higher user expectations regarding comfort and well-being, along with economic factors such as changes in property value and occupancy rates. More information about the competition is available online.