Building Investment (March-April 2021)

Inaugural Real Estate Asia Awards to recognise the best
property developers in the region
Realestateasia.com, the B2B website for
the real estate industry, has launched
the inaugural Real Estate Asia Awards
to recognise best-in-class property
developers for their projects and
initiatives in the region, and to help give
the pandemic-impacted industry a much
needed boost.
“The unforeseen circumstances
brought upon by the pandemic have
greatly impacted the real estate
sector, from project developments and
construction right to sales operations.
Travel bans and lockdown measures have
also affected the industry players as
transactions were put on ice due to the
crisis. Now more than ever, developers
and investors alike must remain resilient in
order to thrive amidst these testing times,”
said Tim Charlton, CEO of Realestateasia.
com.
2020 was understandably a slow
year for the real estate industry with
transactions down 31% to US$134.6 billion,
the lowest since 2012. However, according
to Charlton, the shift to e-commerce saw
a boom in logistics property and as the
recovery gets underway all real estate
sectors in Asia will pick up.
Entries for the Real Estate Awards will
be evaluated by an expert panel of judges
based on uniqueness and innovation,
effectiveness and impact, and dynamism.
The awards nominations can be made
via realestate.com official website and
will close 19 March 2021. Winners will be
announced 15 April 2021.
In addition to awards for excellence
in development, other categories such
as Sustainability, Corporate and Social
Responsibility, and Marketing will be
recognised. There will also be an award for
CEO of the year.
“The way people live, shop, and work
have all altered, and the way people will
want to do all of these will fundamentally
change out of COVID-19. The Real Estate
Asia Awards will recognise the best
developers adapting to these changing
times,” added Charlton.
Mar-Apr 2021 | www.b-i.biz 13