16 May, 2012
The FIABCI Prix d’Excellence is the most prestigious international real estate award and recognises distinctive projects for their excellence in overall concept, architecture and design, development and construction, community benefit, environmental impact, financing and marketing.
“The FIABCI award is a prestigious win for both MBFC and Singapore. It reinforces MBFC’s position as an outstanding development and enhances Singapore’s status as a key financial hub with world-class infrastructure. The awards give us the opportunity to reaffirm our commitment to deliver only the best for our tenants and homeowners.
“We are looking to achieve similar standards of excellence for Phase 2 of Marina Bay Financial Centre, which is just being completed, and subsequent projects moving forward,” said Warren Bishop, CEO of Raffles Quay Asset Management, manager of MBFC.
The results were announced at the Prix d’Excellence Awards and Dinner on May 15, which took place in conjunction with the FIABCI 63rd World Congress 2012 in St. Petersburg, Russia.
Phase 1 of MBFC was judged among 60 other projects from 13 countries in 14 categories by an international panel of top real estate experts and industry professionals. The development was lauded for its innovative and cutting-edge architecture as well as its innovative mix of office spaces, waterfront homes and retail mall. It also won praise for the successful use of its prime waterfront locale and efficient use of land as well as the developer’s efforts to minimise the environmental and social impact during the construction process.
This year’s wins follow MBFC’s previous wins at the inaugural FIABCI Singapore Property Awards 2011, where Phase 1 and MBR also clinched awards in the Office category and Residential (High Rise) category respectively. This qualified the development to participate at the international Prix d’Excellence Awards 2012.
MBFC is located in the heart of the new downtown at Marina Bay, adjacent to the existing Central Business District. Phase 1 comprises the fully tenanted Office Towers 1 and 2, the fully sold MBR and the fully leased Phase 1 of Marina Bay Link Mall, the retail component of MBFC.
The recently completed Tower 3, under Phase 2, is welcoming its first tenants moving in and has already leased out more than 830,000 sq ft, or about 68% of its office space and 98% of Phase 2 of Marina Bay Link Mall. Phase 2 also includes the 66-storey Marina Bay Suites which is slated for completion in 2013.
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About Marina Bay Financial Centre
Marina Bay Financial Centre (MBFC) sits on a prime 3.55 hectare waterfront site at the heart of Singapore’s new downtown. The tenant-centric design of this purpose-built financial centre combines the best in form and function, making it a key draw for businesses and befitting Singapore’s position as a global financial hub.
Developed over two phases, MBFC offers a breathtaking blend of three distinguished office towers with nearly 3 million sq ft of prime Grade A office space, two residential towers comprising 649 luxury apartments and penthouses as well as approximately 176,000 sq ft of retail space to meet the daily convenience of the business community and residents.
MBFC Phase 1 comprising office towers 1 & 2 and Marina Bay Link Mall is jointly owned by Hongkong Land, K-REIT Asia and Suntec REIT, while MBFC Office Tower 3 and the two residential towers are jointly developed and owned by Cheung Kong (Holdings), Hongkong Land and Keppel Land.
MBFC achieved the Green Mark Gold for its office towers 1 & 2, Marina Bay Residences and Marina Bay Suites, as well as the Green Mark Gold Plus for its office tower 3 conferred by the Building and Construction Authority (BCA) of Singapore. These awards recognise the efforts made by the developers to encourage sustainable design practices. This makes MBFC one of the few developments to win more than one BCA Green Mark award. MBFC Phase 1 also clinched the Gold award for the Mixed-Use category in the MIPIM Asia Awards 2011, which honours outstanding real estate projects in the Asia Pacific region. It also won the Participants’ Choice Award where it received the most votes from fellow delegates.
For more information about Asia’s best business address, please visit the MBFC website at http://www.mbfc.com.sg
Raffles Quay Asset Management
Raffles Quay Asset Management (RQAM) was established in 2001 to manage and market projects jointly developed by Cheung Kong (Holdings) Limited, Hongkong Land and Keppel Land Limited – three of Asia’s most experienced property developers.
RQAM manages One Raffles Quay and Marina Bay Financial Centre (MBFC), two premium developments in Singapore’s new downtown at Marina Bay that account for approximately 4.5 million square feet of prime Grade A office and retail space in the Central Business District of Singapore. This forms the largest collective prime Grade A office space in Singapore.
As the manager, RQAM ensures the world-class facilities at these two developments are maintained to the highest standards, befitting the ‘Asia’s Best Business Address’ positioning for MBFC, the largest integrated mixed use development in Singapore’s new downtown.
RQAM also oversees the ongoing development of the MBFC project, which includes the recently completed MBFC Tower 3, and luxury condominium Marina Bay Suites, scheduled for completion in 2013, managing the contractor and consultants to ensure the safety, quality and timeliness of construction. RQAM also manages the retail leasing and mall management of Marina Bay Link Mall (MBLM), the retail component of MBFC.