October 30th, 2015 03:11 PM
Known as one of Southeast Asia’s most exciting property markets, the Philippines’ biggest real estate awards hold its official press conference on 29 October, at the Namayan Room of the Fairmont Makati, official hotel venue sponsor of the Philippines Property Awards 2016.
This is the fourth consecutive year that organiser Ensign Media has held the Philippines Property Awards, widely recognised in the industry for its fairness and transparency. Free to enter, the Awards will begin accepting nominations from developers and the general public on 29 November 2015.
For the next six months, the independent judges panel in the Philippines will be looking for the next Ayala Land Inc, Shang Properties Realty Corp or SM Prime Holdings, all former winners of the Best Developer accolade at the annual event. These developers, as well as all past winners in various categories of the Philippines Property Awards, have left an indelible mark on the industry and set a high benchmark by which current and future property developments are measured.
Ayala Land went on to claim the Best Developer (South East Asia) title in 2014 during the South East Asia Property Awards grand finals held in Singapore; next year one outstanding developer from the Philippines could win that honor again.
Enjoying a rare kind of economic resilience – per Moody’s Investors Service latest outlook report – the Philippines is poised to continue enjoying the benefits of a stronger economy that will eventually trickle down to the real estate industry, especially in the robust office segment, one of the domestic sector’s top draws for global investors. Despite 2016 being a national election year, growth momentum will be sustained, according to the rating agency, “buffeting neighboring countries and emerging markets as a whole.”
There will be 26 trophies to be given away at the awards ceremony next year. Categories are grouped into three main sections, namely Developer, Development and Design, covering the condominium, housing, hotel, office, retail, green and villa segments.
“We’re not only holding a launch party for our 2016 event in the Philippines,” said Terry Blackburn, CEO of Ensign Media, publisher of Property Report, Asia’s industry-leading monthly magazine. “This is a showcase of our commitment to the country’s exciting real estate market, and to recognize and reward the most significant contributions to the sector from local developers, building on our experience with the Asia Property Awards in the past 10 years.”
The press conference will also see the launch of the second Property Report Congress. After the resounding success of the first Congress, held in conjunction with this year’s South East Asia Property Awards in Singapore, Ensign Media plans to bring together the country’s industry leaders and experts to Philippine-focused all-day seminar and network event.
As is the case with all the events of the Asia Property Awards, which enters its 11th year in 2016, successful entries will be supervised by one of the world’s largest accounting firms, BDO International. Winners will be revealed at the glittering black-tie awards gala on Thursday, 7 April at the Fairmont Makati.
One additional award – chosen by the editors of Property Report – will be presented to the Real Estate Personality of Year whose influence and achievements resonates across the Philippine archipelago. Past recipients of this prestigious honour are property veteran Antonino Aquino, president and CEO of Ayala Land; highly respected tycoon Dr. Andrew L. Tan, chairman and founder of Megaworld Corporation; and green advocate Ramon Fernando D. Rufino, executive vice-president of The Net Group and incumbent chairman of the Philippine Green Building Council.
For more information on the annual Philippines Property Awards, visit the website. Super early bird tickets for the gala dinner will be available soon at Ensign-Media.com, offered until 1 April.
Sponsorship and media partner opportunities for the archipelago’s premier real estate event are now available. For details, email info@asiapropertyawards.com or call +66 (0) 2662 5195.
Follow #AsiaPropertyAwards to join the conversation about the Asia Property Awards series on social media, and find out who made it to the official shortlist on 7 March 2016.
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