The Philippine chapter of the Paris-based International Real Estate Federation (FIABCI-Ph) is eyeing international honors for the recipients of its Property & Real Estate Excellence Awards this year.
Showing videos of the nominated projects for the awards, FIABCI-Ph chairman emeritus and former FIABCI-World president Florentino Dulalia Jr. said many of these projects stand a good chance of winning the Prix d’Excellence, the highly-acclaimed “Oscars of Real Estate.”
“Prix d’Excellence is awarded by the FIABCI-World to only those projects that embody excellence in all disciplines involved in their creation–from conceptualization to execution and completion–and the winners of FIABCI-Ph Property & Real Estate Awards automatically become eligible for participation in such a prestigious international competition,” Dulalia said.
“The Prix d’Excellence is held every last week of May annually, which means the would-be awardees of the 2021 FIABCI-Ph excellence awards in December can be included among the finalists in the FIABCI-World’s international awards next year,” Dulalia added.
Technically, the property projects for the Prix d’Excellence are judged according to architecture and design, development and construction, community benefits, environmental impact, and financial and marketing success, according to FIABCI-Ph chairman Nestor S. Mangio.
Broadcast-quality videos of this year’s nominated and would-be winning projects of FIABCI-Ph excellence awards will be shown to FIABCI World’s international members in real-time online during the awarding ceremonies at the Okada Hotel in Paranaque City on the night of December 9.
So far, the FIABCI-Ph Property & Real Estate Excellence Awards has a total of 61 “Outstanding Developer” awardees, three “Property Man of the Year” awardees, and two “Developer of the Year” awardees.
The Property Man of the Year awardees were Andrew Tan (Hall of Fame) of Megaworld Corp., Manuel B. Villar of Vista Land & Lifescapes Inc., and Exequiel D. Robles of Sta. Lucia Land Properties Inc.
The Developer of the Year Awardees were Megaworld Corp. (Hall of Fame) and Global Estate Resorts Inc.
“However, none of them has won the Prix d’ Excellence such that bagging this award under any of its categories stands to become a historic feat for the local real estate industry,” said FIABCI-Ph president Dr. Reghis M. Romero II.