The Prime Property Award is an award from the European real estate industry , which is presented by the investment company Union Investment . The award will be given to investors across Europe who have taken sustainability criteria into account in certain forms in the development and renovation of commercial and private buildings . The prize is endowed with 30,000 euros and is awarded every two years at the Expo Real trade fair .
In 2001 Union Investment Real Estate GmbH , then still under the name Deutsche Immobilien Fonds AG (DIFA), announced a competition for the first time among German students and university graduates in the fields of architecture , urban and spatial planning , civil engineering , traffic planning , ecology and sociology . The theme was “Move more. Experience more. City of the future. ”For the first pan-European award in 2004, 62 cities from 15 European countries applied for the competition category“ Completed neighborhoods in Europe ”. In 2008, the prize was continued as the Prime Property Award and moved real estate investment to the fore. 90 competition entries from 18 countries took part. In 2010 142 real estate projects from 19 European countries were submitted. The award also focused on those European real estate projects that, in the opinion of the jury, combined economic success with ecological and socio-cultural sustainability.
According to its own statement, the main idea behind the award is to deal with sustainable building projects and real estate that is economically and ecologically sustainable. The winners will be determined in a two-stage selection process by an 11-member international jury.
The Prime Property Award is primarily aimed at real estate investors and owners. In addition, architects, project developers, property managers, brokers or other parties involved - with the consent of the owner - can take part in the competition. Both new construction projects and refurbishments with a minimum size of 5,000 m² can be submitted .
criteria
The competition entries submitted are assessed on the basis of a catalog of criteria that is intended to make the quality of the projects comparable and thus assessable, taking into account the characteristics “ecological”, “economic” and “socio-cultural”.
Urban sustainability - an upgrade of the urban environment through the property
Hamburg Deutsche Immobilien Fonds AG (Ed.): Quarters in an urban context: The DIFA Award 2002 . Verlagshaus Braun, 1st edition (February 2003), ISBN 978-3935455282 .
Individual evidence
↑ Award 2008. In: PrimePropertyAward.de. Retrieved June 15, 2011 .
↑ history. In: PrimePropertyAward.de. Retrieved June 15, 2011 .
