With their world-class projects, top Philippine property developers deserve to win the Prix d’Excellence because of their world-class projects, but unfortunately failed to win the “Oscars of Real Estate”, the Philippine chapter of the Paris-based International Real Estate Federation (FIABCI-Ph) lamented.

Makati CBD skyline

FIABCI-Ph Chairman emeritus and former FIABCI-World president Florentino Dulalia Jr. said that winners of the annual FIABCI-Ph excellence awards have great prospects and chances in winning the Prix d’Excellence awards.

“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 explained.

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 Architect Nestor S. Mangio.

“Award categories of Prix d’Excellence are affordable housing, environmental (rehabilitation/conservation), heritage (restoration), hotel, industrial, master plan, office, public infrastructure/amenities, purpose built, residential (high, medium, low rise), resort, retail, and sustainable development – all included in the 16 project classifications of FIABCI-Ph itself,” Architect Mangio said in stressing the eligibility and winnability of the 2021 local excellence awardees.

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 had 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 in referring to the chapter’s international aspirations.

The annual FIABCI-Ph event also includes an international real estate conference with an economic forum focusing on the industry’s actual condition, prevailing challenges, prospective solutions, emerging opportunities, and other vital information for strategic and tactical use. Conferment of “Fellow on Real Estate Management” on deserving individuals during the annual awards would serve as another highlight.

Source: Manila Bulletin (https://mb.com.ph/2021/10/06/group-says-ph-developers-deserve-oscars-excellence-awards/?utm_source=rss&utm_medium=rss&utm_campaign=group-says-ph-developers-deserve-oscars-excellence-awards)