Distinguished developers

For the second year in a row, the Central Europe Property and Investment Fair (CEPIF), in cooperation with the International Herald Tribune, has recognized the region's best properties. The firms nominated for the 2007 "CEPIF & International Herald Tribune CEE Best Developer Awards" were chosen via online voting from over 100 companies who were put forward in six "Best Developer CEE" categories: Office, Retail, Warehouse and Logistics, Hotel, Residential and Revitalization.

Hochtief Project Development Polska (HPDP) and Trigranit Development Corporation - both winners last year - continued their success, receiving awards this year as well. HPDP received a general award for best office building. Trigranit's numerous projects in Hungary didn't go without recognition - the developer was awarded as best shopping center and hotel developer. The best residential developer was Orco Property Group, based on the ingenuity of its Avenue Gardens residential building in Budapest.

The global commercial real-estate operator Apsys was voted best revitalization developer for the Manufaktura shopping center in Łódź - one of the largest renovation projects in Central Europe in the past year. The award for best warehouse and logistics center went to Prologis Central & Eastern Europe in recognition of several successfully completed projects over the course of the last year.

"We are happy we can give an opportunity for the developers to present new projects and thus promote the CEE region," said Richard Stephens of Rednet Property Group, organizer of CEPIF 2007.