Cityscape Awards for Emerging Markets highlight industry best in global real estate
- United Arab Emirates: Thursday, October 04 - 2012 at 13:51
- PRESS RELEASE
The Cityscape Awards for Emerging Markets have celebrated the best in global real estate development and architecture in a glittering ceremony and cocktail reception in the world's tallest tower last night.
Out of five nominations, Emre Arolat Architects took top prize in three separate categories - the first for the Le Meridien Etiler in the Best Built Leisure & Tourism Project category, the second for the Antrepo 5 Museum of Contemporary Art in the Best Future Community & Culture Project category, and the final award for the Varlap Bodrum Residences in the Best Future Residential Project category.
Meanwhile, Abu Dhabi based developer Sorouh Real Estate and architects Architechtonica flew the UAE flag at the hotly contested international awards event, taking home the Best Built Commercial & Mixed Use Project award for their recently completed Sun & Sky Towers development on the UAE capital's Reem Island.
Sponsored this year by Bank Aysa, the Cityscape Awards for Emerging Markets was a feature of Cityscape Global, which concludes today (4 October) at the Dubai International Convention and Exhibition Centre.
Chris Seymour, Managing Director of engineering consultancy firm, ARCADIS Gulf, and one of the judges of the awards last night, said: "The entries for this year's awards took a big step forward with all projects demonstrating an impressive depth of field in terms of geography, creativity and ingenuity. The quality of the entries has definitely improved, raising the bar further and bringing the Cityscape Awards for Emerging Markets increasing credibility on an international scale."
Cityscape Global opened on 2 October, and was a hotbed of activity as leading international and local real estate developers announced their latest property developments and news to entice hungry potential investors.
With exhibition space growing by 50% from 2011, this year's edition of Cityscape Global reconfirmed the positive sentiment that has been dominating the Dubai real estate market in recent months.
Organised by Informa Exhibitions, the Middle East's largest real estate event hosted 172 exhibitors from 31 countries this year, with 40 per cent of exhibition space occupied by international property developers.
The largest ever presence of international exhibitors at Cityscape Global called for the introduction of seven dedicated international pavilions from Turkey, Iraq, the Americas, Russia, Qatar, Egypt and India.
Turkey in particular was a driving force this year. Named the Country of Honour for Cityscape Global 2012, the Southeast European country brought 12 major property developers to the show, headlined by one of the country's largest, Agaoglu.
Ali Agaoglu, Chairman of Agaoglu said: "Cityscape Global was identified as a key platform for Agaoglu Corporations Group to globally launch our new development and showcase Turkish real estate. It is the first time we have launched a development during an exhibition, but we have seen increasing investment interest being shown by GCC and Middle East countries in our developments and we have had very positive conversations during the event."
Wouter Molman, Exhibition Director of Cityscape Global said: "For more than a decade, Cityscape Global has been the annual meeting point for real estate investors, developers, regional and city investment promotion authorities, architects, designers and other real estate professionals currently driving real estate development across global emerging markets."
"This year's edition has without doubt been one of the busiest we have experienced in years, with dozens of major announcements made from exhibitors the world over. The future certainly looks bright for real estate, not only locally but globally, and we look forward to building on the success of Cityscape Global 2012 for many years to come."
Cityscape Global 2012 is co-located with the Future Cities Conference, and also features four of its own dedicated industry conferences: the Global Real Estate Summit, the World Architecture Congress, Retail City, and the Alternative Dispute Resolution Summit.
The three-day event is supported by its Foundation Sponsors Emaar Properties, Dubai Properties Group and Nakheel, with the Qatari based Barwa signed on as Strategic Sponsor and Kuwait Finance House as Investment Sponsor.
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