Edinburgh’s Quartermile has been crowned Commercial Buildings Development of the Year after fighting off stiff competition in the third annual Scottish Property Awards.
The Quartermile Developments project, which comprises a mixture of apartments, offices and retail space, had been up against 110 Queen Street, Glasgow (BAM Properties- Cooper Cromer); Annan House, Aberdeen (Drum Property Group-Cooper Cromar); The Capitol, Aberdeen (Knight Property Group-M&G Real Estate), and City South, Aberdeen (Dandara) before walking away with the title on Friday (March 4) night.
Meanwhile, another Edinburgh project – Urban Union – landed a City Regeneration Award for its work at Pennywell Living, a new, high-quality, affordable development in the city.
All in all, the awards rewarded 18 winners from throughout Scotland across 16 categories.
Fiona Morton, chair of the Scottish Property Awards judging panel, said: “Congratulations to all our finalists and winners announced in the 3rd Scottish Property Awards. I know how tough the competition is and how important it is to win. Judging was a terrific opportunity to assess the many great developments going on in our sector across the country and encouraging seeing some really good examples of regeneration, innovative design and excellent sales and marketing.
“The aim of the Scottish Property Awards is to stage a credible and independent competition which promotes the best in commercial property. It is hard work but also immensely rewarding for everyone involved. I hope all the winners make the most of their win and shout it from the roof tops!”
More than 650 people turned out for the event, which included a moment for remembrance for the life of the renowned Scottish architect, Gareth Hoskins, who died earlier this year. A posthumous award for Outstanding Contribution to Architecture was presented by chair of the Scottish Property Federation Chris Stewart. The award was collected by Mr Hoskins’ wife, Dr Sarah Buchanan, after the audience was shown images of his many career achievements in Scotland and abroad.
Stewart said: “It’s important to take time out to review the year’s activities and reflect on the positive contribution made by the commercial property industry to Scottish life. Celebrating talent in design, development and management of commercial property is a vital part of how we project ourselves as a nation to the rest of the UK and beyond. I hope that the winners tonight have been given a new incentive to continue their hard work developing property investment in Scotland and that we continue to raise the standard as an industry each year.”
The Scottish Property Awards was founded in 2012 to run a credible and independent competition which celebrates commercial and public property. Each year an industry judging panel is appointed, which this year reviewed 40 new developments in Scotland currently undergoing construction as part of a national competition.
The decisions were made at an all-day judging session however this year, for the first time, the audience had a chance to choose their own winner for the award, Deal of the Year.
More than 300 votes were received for six deals which covered acquisitions and lettings. The most popular candidate was the 15 year pre Let of 70,000 sq.ft to Cirrus Logic achieving 100% pre let status of Quartermile 4 prior to opening in April 2016. The award was presented on stage, collected by representatives of the 4 main businesses involved in the transaction.