ETA Star's Verde bags award for Best Green Development at the Arabian Property Awards

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The two-tower VERDE Offices and Residences is designed to achieve Gold ratings, as provided by the US Green Building Council's Leadership in Energy and Environment Design (LEED) programme.

The Arabian Property Awards, according to its organizers, is the celebration and recognition of the region's property industry's most innovative projects and people.

The inaugural awards ceremony was held at the Madinat Jumeirah, Dubai, on June 25, 2008.

Commenting on winning the 'Best Green Development Award', Mr. Abid Junaid, Executive Director, ETA Star Properties, said:

'We are pleased to be honoured with this award for Verde. The award is the recognition of the untiring efforts of our hardworking team who have always strived to set new industry benchmarks in all our initiatives. We are thankful to all our partners, investors and customers who have been supportive of our efforts.'

Designed by celebrity architects, Mr. Adrian Smith and Mr. Gordon Gill, VERDE Residences and Offices are designed to maximize the use of the natural forces of wind, use natural light and geothermal mass, recyclable construction material along with optimum use of energy-efficient systems and technologies.

The 33- level curtain-glazed VERDE Office Tower is designed in the shape of trapezoidal.

With a total built-up area of 820,000 square feet, the Office tower will comprise of podium offices and unique sky garden. The elegantly curved

VERDE Residence Tower is built in the shape of a boat.

The 48 storey glass tower, with a total built-up area of 1.35 million square feet, includes luxurious 2 & 3 bedroom units, 3 & 4 bedroom penthouses and 4 bedroom duplex townhouses on podium liner.

As part of being a self sustained Green community, VERDE Offices and Residences will have a district cooling system using wind turbines, photovoltaic solar hot water, energy efficient lighting equipment and grey water system.

ETA Star is currently developing millions of square feet of premium property in countries across the Middle East and South-East Asia, including UAE, India, Sri Lanka, Qatar, Oman and Turkey.

ETA Star has built thousands of beautiful homes and living communities, as well as, world-class business and commercial developments across the region -- all excellent investment opportunities, which are fast reshaping the urban skyline.

Keeping this track record in mind along with a distinctive ETA Ascon lineage, the regional banks have developed confidence in ETA Star Properties and a strong credibility has been established with the leading financial institutions of the region.