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Winners celebrate at the first annual NEE Real Estate Awards

EuropaProperty has successfully completed its first annual NEE Real Estate Awards at the Intercontinental Crowne Plaza Hotel in Minsk, Belarus. The awards gala was heralded as a great success and was well received by all winners and their guests. For more “trending details” on Twitter please follow #NEERealEstateAwards.

Dana Holdings shone the brightest on the evening picking up three awards. The developer received awards for Developer of the Year, Overall Company of the Year and also Concept & Design Project of the Year for their Dana Mall in Minsk.

Investor of the Year was awarded to EBRD, which was recognised by the jurors for its investment success and commitment to the NEE region. Global consultants Colliers International picked up the Professional Service Provider of the Year.

Company of the Year awards were presented to the leading developer, investor and professional service providers in Northern and Eastern Europe for their activities and accomplishments during 2014. Companies were judged on their overall market contribution, quality of customer services, market innovation, commercial success, leadership and market penetration.

Svitland Development’s Clever Park won two prominent project prizes, Office Development of the Year and Overall Project of the Year. Zamok Shopping Center by Tabak-Investment walked away with the Retail Development of the Year prize.

Project of the Year award winners were rated according to quality of design, building efficiency, quality of location, environmental concerns and commercial success.

Accentuating the interest in the NEE region’s retail sector, five key retailers were awarded on the night. Overall Retailer of the Year and Hypermarket/Big Box Retailer went to Euroopt and the Newcomer of the Year award was received by LC Waikiki. Other major winners for the retailer specific awards included: Intersport, Tommy Hilfiger and Benetton.

Retailer of the Year awards were given to retailers active throughout the region based on their market innovation, expansion, contribution to the market, market share, concept and design, and commercial success.

The Overall Professional of the Year went to Wakim Younis CEO of Palazzo Mall and its developer RRY Capital.

Full list of NEE Real Estate Award Winners

Hypermarket/Big Box Chain of the Year

EUROOPT - Winner

Euroopt is the largest & fastest growing private retail chain in Belarus with more than 300 stores across the country, USD 2,2 billion net sales in 2014.

Green Market

Korona

OMA

Specialty Retailer of the Year

Belvedere Restaurant

Intersport - Winner

INTERSPORT’s brand message “Sport to the People” expresses simply and emotionally the essence of INTERSPORT. The more you enjoy doing something, the more you do it. That is how INTERSPORT brings Sport to the People. INTERSPORT believes sport is for everyone. Everyday the company’s staff around the world make an effort to let this vision become reality. INTERSPORT stands for expert authority, multi-sports, sports authenticity and best price/quality ratio. INTERSPORT provides professional advice and guidance and offer its customers the best value and competence with all their services and products.

Karaca Houseware

Korona Techno

Prime Hall Discotheque

Fashion Retailer of the Year under 400 sqm

Carpisa

Calvin Klein Jeans

Kazar

Marc O’Polo

Modny Mall “Модный Молл”

Original Marines

Sisley

Tatuum

Tommy Hilfiger - Winner

Tabak-Invest LLC is a major holding company, which runs a retail network of shopping centers. The number of stores opened in 2014: 2 (1 Tommy Hilfiger in Zamok shopping center; 1 Hilfiger Denim in Korona-1 shopping center). Noteworthy Retail achievements of 2014: The official introduction of the Tommy Hilfiger brand to Belarusian market: The Tommy Hilfiger brand is considered to be one of the most effective new brands in fashion retail of the company, which has brought more than 8 percent of total turnover of fashion retail business. Tommy Hilfiger shoes and accessories performed as most effective in multibrand format: (approx. 30 percent of turnover among 10 other brands presented in multibrand store Shoes and Bags, Zamok).

Yamamay

Fashion Retailer of the Year over 400 sqm

Benetton - Winner

Number of Stores opened in 2014: 2 (1 Benetton in Zamok shopping center; 1 Benetton in Korona Grodno). Noteworthy Retail achievements of 2014: Effective regional development of Benetton brand in Belarus: 6 monobrand stores in 5 cities of Belarus (Minsk, Brest, Bobruisk, Vitebsk, Grodno), Major part in turnover of the fashion retail of the company.

Defacto

H&M

House

LC Waikiki

Newcomer of the Year

Defacto

Kazar

LC Waikiki - Winner

LC WAIKIKI was established in the region in 2010 employing 22,000 people and opening 123 stores throughout the region in 2014.

Professional Service Provider of the Year

Aversa Group

Baltic Red

BNT Legal & Tax

Colliers International - Winner

In the NEE region, Colliers started operating in 2004. Colliers was the first international real estate consulting agency to enter the regional market and introduce its resources for local commercial real estate development, analysis, and classification standards. Today Colliers is the leading commercial property consultant in the NEE region and provides a full range of real estate services. 

Seven Real Estate Advisers

VMP Vlasova Mikhel & Partners

Investor of the Year

East Capital

EBRD - Winner

The European Bank for Reconstruction and Development (EBRD) is a multilateral developmental international financial institution founded in 1991, using investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc it expanded to support development in 30 countries from central Europe to central Asia. Headquartered in London, the EBRD is owned by 64 countries and two EU institutions. Despite its public sector shareholders, it invests mainly in private enterprises, together with commercial partners.

Dana Holdings

Rapa Group

RRY Capital

Svitland Development

Developer of the Year

Baltic Red

Dana Holdings - Winner

Dana Holdings is a leading fully integrated real estate, investment and development company of residential, industrial, commercial, educational and mixed-use projects as well as PPP investments in emerging markets. To date, Dana Holdings has successfully completed more than 500 projects on a total area of over 5,000,000 sqm. Dana Holdings through its projects, employs over 3,000 people in seven countries. Dana Holdings operates in Russia, Belarus, Turkmenistan, Ukraine, Iraq, Serbia and Croatia. Dana Holdings aims to become one of the leading real estate investment development and construction groups of companies in its markets of operation and strengthen its position by expanding its activities in its current and future markets. 

Industrial Park Development Company

Joint Stock Company “Beltyagmash”

Renaissance Construction

Rapa Group

RRY Capital

Svitland Development

Tabak-Invest

Concept & Design Project of the Year

Borovaya - NP Service - Belarus

Clever Park - Svitland Development - Belarus

Dana Mall - Dana Holdings – Belarus - Winner

The €140 million Dana Mall project is best described as the next generation of shopping, leisure and entertainment for Minsk. The mall is scheduled for completion in 2015.

Galleria Minsk - Renaissance Construction - Belarus

Gazprom Group Multifunctional complex - Gazprom Transgaz Belarus - Belarus

Great Stone Industrial Park - Industrial Park Development Company - Belarus

Green Center - Raba Group - Belarus

Nordika - Nantucket Holdings - Lithuania

Palazzo Mall - RRY Capital - Belarus

Retail Development of the Year

Domino Shopping - Baltic Red - Latvia

Korona Shopping Center Grodno - Tabak-Invest - Belarus

Robinson Club - Tabak-Invest - Belarus

Stroomi Shopping Centre - Nordecon AS - Estonia

Ulemiste Centre - Linstow International - Estonia

Zamok Shopping Center - Tabak-Invest – Belarus - Winner

In 2014 ZAMOK was the largest multifunctional trade and entertainment center (TEC) in the Republic of Belarus, located in one of the central streets of Minsk with, perfect accessibility and good perspective view. Zamok has free parking for more than 2,000 visitors, bike parking and is located with a well-developed public transportation system. TEC has 4 levels, which include all kinds of facilities for customers: food hypermarket Korona, hypermarket of home & electronic devices Techno, variety of fashion & everyday life stores, nail and beauty bars, public catering, cinema, ice rank, concert hall Prime hall, children entertaining center Discovery, etc.

Office Development of the Year

Business Center Omega Tower - Beltyagmash - Belarus

Clever Park - Svitland Development - Belarus - Winner

Clever Park office complex is first energy-efficient office building in Minsk, located within the Minsk High Tech Park. While offering impeccable design and luxury finishes of common areas the building has state-of-the-art IT infrastructure and building management system. In 2014 Clever Park received EBRD Grant for the best energy management practice. The energy consumption of the new office centre is almost 50 per cent better than the average office block in Belarus. The complex of almost 15,000 sqm has 7 floors and is designed to accommodate about 1,700 employees. Open-space floor plans allow highly efficient use of space and flooded with light due to big windows. Building management system provides centralized monitoring and control of all engineering system in the complex. 

MEGA Offices - Baltic Red - Lithuania

Overall Retailer of the Year - Euroopt

Euroopt is the largest & fastest growing private retail chain in Belarus with more than 300 stores across the country, USD 2.2 billion net sales in 2014.

Overall Company of the Year - Dana Holdings

Dana Holdings is a leading fully integrated real estate, investment and development company of residential, industrial, commercial, educational and mixed-use projects as well as PPP investments in emerging markets. To date, Dana Holdings has successfully completed more than 500 projects on a total area of over 5,000,000 sqm.

Overall Project of the Year

Clever Park - Svitland Development - Belarus

Svitland Development Ltd, the developer of Clever Park, is a leading development company, operating in the Ukraine, Belarus and Lithuania. Svitland was founded in 2006 by leading investment groups in Israel - the Fishman Group. The company has a diversified portfolio of financially attractive investment and development projects in prime locations with established infrastructure and good ecology. Svitland’s portfolio includes commercial and residential real estate development projects in Kiev and Minsk of total area about 384,000 sqm.

Overall Professional of the Year - Wakim Younis - Palazzo Mall/RRY Capital

RRY Capital Ltd is a private investment firm focused on emerging markets. RRY Capital makes highly-selective long-term investments in the consumer, retail and real estate sectors in emerging markets, primarily Belarus, Lebanon and Turkey. Across this investing spectrum, its main objective is to build an investment portfolio focused on long-term capital appreciation. RRY Capital's team of approximately 10 people operates from the firm's offices in London and Minsk.

Furthermore, complementing the inaugural NEE Real Estate Awards Gala, EuropaProperty organized a series of discussion panels which provided current analysis on the developing dynamics of the markets in the NEE region from the perspective of developers, investors and retailers looking to enter and expand in Northern and Eastern Europe.

As with all EuropaProperty events the first Annual NEE Real Estate Awards and Investment & Development Forum prided itself on an unrivalled format that brought together top professionals in an environment conducive to offering the opportunity to meet and network.

Article published on 30.03.2015
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