Recognizing the importance of Southeastern Europe’s property markets EuropaProperty was proud to host the 15th annual EuropaProperty SEE Real Estate Awards Gala last night ONLINE. The live event was simultaneously broadcast using the latest digital technology via the Zoom and YouTube platforms. Guaranteeing that the show must go on and the top-performing companies from the SEE region could still be recognised for their phenomenal achievements in commercial real estate.
Welcome to the brave new world of ONLINE events.
“We at EuropaProperty have become pioneers as well as digital innovators in the field of online events. Like many of our partners, clients and friends we have had to adapt our business model quickly to help in these challenging times. So, I’m very pleased that we have now established ourselves as the number one digital awards event organisers, and have delivered the region’s very first ONLINE Awards Gala,” commented event organiser and publisher of EuropaProperty, Craig Smith.
Before the current crisis hit, the SEE region was establishing itself as a maturing destination which provides development possibilities and is a lucrative alternative to Central Europe, where some of the markets are seen as saturated. From an investment perspective, SEE provides a significant yield premium on Central Europe.
The 2019 winners reflected this trend. Last year was one of the best in terms of real estate investment ever. This was highlighted by the winners of the Investment Deal of the Year award, where Morgan Stanley and David Hay acquired America House in Bucharest from AEW Europe.
Prime Kapital was also a clear investment winner on the night, and was recognised by the jury for its growing presence and multi-platform strategy in Romania. The company was awarded Investor of the Year as well as picking up the Retail Project of the Year award for DN1 VALUE CENTRE. Other big winners included Tiriac Imobiliare, which walked away with Professional of the Year for their CEO Bogdan Cernescu and Office Developer of the Year.
One United Properties also walked away with a couple of prizes for their developments. The developer won Residential Project of the Year for One Herastrau Plaza and Future Project for One Floreasca City. Regional developer CTP was awarded Industrial Developer and also picked up Professional Woman of the Year for their Country Head of Romania, Ana Dumitrascu. CEETRUS walked away with Retail Developer and Mixed-use Award for Cartier Coresi.
Other developers recognised on the night included Forte Partners, which won the Residential Developer of the Year award. Lion’s Head Investments and Portland Trust won Office Project of the Year for Oregon Park. AFI Europe’s mega-mall in Bucharest, AFI Cotroceni, won in the Extension/Refurbishment Project category and Element Industrial won the Industrial Project of the Year for Eli Park 1.
Many industry leaders and associated companies from the real estate industry were awarded on the night. Once again Dentons walked away with the Law Firm of the Year award. UniCredit won Bank of the Year. Bog’Art received the Professional Service Provider of the Year award, and Optim Project Management beat off the competition to win Architectural Firm of the Year. Sentient were the surprise winners of the Project Management award.
CBRE once again continued to take a firm hold of the agency side of the business and collected the Agency of the Year award. Cushman & Wakefield dominated the Property Management category and saw its affiliated offices for Bulgaria and Romania jointly receive this award.
And finally, with retail taking a massive hit in the current crisis, it was reassuring to see the major retailer Peek & Cloppenberg pick up the Retailer of the Year award.
Full list of Winners
Peek & Cloppenburg
Professional Service Provider
Optim Project Management
Project Management Firm
Property Management Firm
Cushman & Wakefield Forton
Cushman & Wakefield Echinox
UniCredit Bank SA
Morgan Stanley and David Hay acquire American House
One Herastrau Plaza – One United Properties – Romania
Refurbishment Extension Project
AFI Cotroceni Mall – AFI Europe – Romania
Cartier Coresi – CEETRUS – Romania
Eli Park 1 – Element Industrial – Romania
DN1 VALUE CENTRE – Prime Kapital – Romania
Oregon Park – Portland Trust/Lion’s Head Investments – Romania
One Floreasca City – One United Properties – Romania
Professional of the Year
Bogdan Cernescu – Tiriac Imobiliare
Women of the Year
Ana Dumitrache – CTP