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Regeneration and Community Benefit Nominees Dominate RICS Awards 2009

Royal Institution of Chartered Surveyors
2009-02-25 16:03 2077

Reflects revitalization and user-benefit as global trend for the industry

Hong Kong, Feb. 25 /PRNewswire-Asia/ -- Enthusiasm for the most prestigious prize in UK property has reached new highs despite challenging conditions for many property professionals with a record of 363 entrees being submitted for the RICS Awards 2009.

RICS Awards 2009 consists of four categories: building conservation; regeneration; sustainability and community benefit. Community benefit has proved to be the most popular category this year, attracting 28 per cent of entries, closely followed by regeneration 26.68 per cent, building conservation 27 per cent and encouragingly, sustainability with 18.32 per cent of total entries.

The above statistics reflects the emerging importance of revitalization and user-benefit focus for building projects, which may also affect future development of Hong Kong in the long run. With the urban renewal strategy review campaign put forward by the Development Bureau, RICS Asia has actively participated with the setup of a task force and contributed valuable comments to the campaign. Darren Jensen, RICS Asia Director commented, "RICS members are a vital link in delivering a low carbon built environment. Increasing economic return, sustaining the natural environment and protecting social values are not incompatible. The RICS awards provide a perfect opportunity to demonstrate this in action."

Moving towards a low carbon built environment is the number one priority for RICS. Through research, working groups and policy formulation, RICS is increasingly becoming the primary worldwide professional institution to turn to on this issue.

The RICS Awards scheme was established in 1990 to reward a diversity of projects that impact on the built and natural environment. For more information on the RICS awards visit

http://www.rics.org .

About RICS & RICS Asia

RICS (Royal Institution of Chartered Surveyors) is an independent professional body originally established in the UK by Royal Charter. Since 1868, RICS has been committed to setting and upholding the highest standards of excellence and integrity - providing impartial, authoritative advice on key issues affecting businesses and society. RICS is the worlds' leading qualification when it comes to professional standards in land, property and construction. With over 140,000 members globally, RICS represents, regulates and promotes the work of property professionals throughout 146 countries.

The RICS Asia supports a network of over 9,000 individual professionals across the Asia region with an objective to help develop the property and construction markets in these countries, by introducing professional standards, best practice and international experience. It promotes RICS and its members as the natural advisors on all property matters. It also ensures that services and career development opportunities are provided to members.

The RICS Asia region covers national associations and local groups locating in Brunei, Malaysia, Singapore, Thailand, The People's Republic of China and the SAR Hong Kong. It also has members working across the region such as Bangladesh, Bhutan, Burma/Myanmar, Cambodia, Indonesia, Japan, Kiribati, Laos PDR, Macao, Mongolia, Nepal, North Korea, South Korea, Taiwan, The Maldives, The Philippines, Timor East and Vietnam.

Designated contacts for Hong Kong media:

RICS Hong Kong Public Relations Representatives

Ms Katherine Chow / Ms Kate Kwan

Tel: +852-2372-0090

Fax: +852-2372-0490

Mobile: +852-9256-3223 / +852-9077-1337

Email: kat@creativegp.com / kate@creativegp.com

Source: Royal Institution of Chartered Surveyors
Keywords: Real Estate
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