A triumphant return of the region’s most prestigious real estate awards in Colombo
Colombo, Sri Lanka –– 26 February 2020
On the heels of a successful third edition last year, the PropertyGuru Asia Property Awards (Sri Lanka) announces its key dates for the 2020 edition.
The 4th Annual PropertyGuru Asia Property Awards (Sri Lanka) marks the return of Asia’s esteemed real estate awards programme to the island nation, which is in the process of rebuilding after the Easter Sunday attack last year.
A black-tie gala dinner and awards ceremony celebrating the best of the best properties and developers in and around the island nation will take place on Friday, 17 July 2020, at the Shangri-La Colombo.
In the lead up to the event, the general public are invited to submit their nominations until 1 May.
Key dates for the 2020 edition are:
- 21 January 2020 – Nominations and Entries Open
- 14 August 2020 – Nominations Close
- 21 August 2020 – Entries Close
- 13 August-11 September 2020 – Site Inspections
- 11/14 September 2020 – Final Judging
- 6 November 2020 – Gala Dinner and Awards Ceremony in Colombo
- 20 November 2020 – Grand Final Gala Ceremony in Bangkok, Thailand
Competitive categories for the 2020 PropertyGuru Asia Property Awards (Sri Lanka) will search for the finest developments in not only the capital Colombo but also the country’s Southern, Central and North East provinces.
As part of its ongoing expansion in South Asia, the Awards will also take the opportunity to recognise the movers and shakers of the residential property market in the Maldives. The Awards will have competitive categories open for Best Residential Development (Maldives) and Best Residential Development (Malé), the latter celebrating the finest in the small archipelago’s capital.
The 2019 edition of the PropertyGuru Asia Property Awards (Sri Lanka) rewarded some of the biggest developments in the country. Set to become one of the tallest buildings in South Asia, the 376-metre high project known as The One by The One Transworks Square (Pvt) Ltd. won Best Mixed Use Development at last year’s Awards. The skyscraper comes with luxury residences, a five-star hotel, commercial spaces, a shopping mall, sky bar, and more.
The One went on to trounce eight massive projects across the region for the honour of Best Mixed Use Development (Asia) at the 14th PropertyGuru Asia Property Awards Grand Final in Bangkok, Thailand.
Dr. Nirmal De Silva, Director and CEO of Paramount Realty, who returns as chairperson of the PropertyGuru Asia Property Awards (Sri Lanka), says he’s confident in the region’s real estate prospects for 2020.
“Per the World Bank, South Asia is the highest–growing region at the moment. We see the region being an emerging tech hub with the ecosystem in every country developing through national-level policies. This is both an encouraging and exciting trend with South Asia now having the potential to be a driving force and a centre for innovation in the future.”
He adds: “Sri Lanka has slowly but surely started focusing on their ecosystem with a national level agenda, policy framework and multi stakeholder engagement. It’s fair to say that what we are seeing in the region is not the end but the beginning.”
The 2020 PropertyGuru Asia Property Awards (Sri Lanka) is supported by official magazine PropertyGuru Property Report; official PR partner PR Wire Sri Lanka; and official supervisor BDO.
Editor’s Note: To ensure public health and safety, the Asia Property Awards team has decided to postpone the gala dinner and awards ceremony on 6 November 2020. Other relevant dates in this announcement have also been updated. For more information, email firstname.lastname@example.org or visit the official website: AsiaPropertyAwards.com.
Sri Lanka eyes a revival as the political transition and pandemic cripples the tourism industry
The island nation’s property sector is currently on the ropes as they emerge out of one trough and sink into another
Hong Kong’s commercial property market in turmoil
Corrosive street protests and the ongoing US-China trade market were damaging enough for Hong Kong’s commercial real estate industry. Then came COVID-19
Indonesia’s new regulations could make or break the property sector
Rolled out to slash Indonesia’s excessive red tape, the new set of laws could make or break a stasis in the property sector
The Philippines finds REIT timing for property investment
Contagion and natural calamity thwart the country’s thriving real estate industry, but a new form of investment is set to democratise the property market