06 October 2008
Kuwait based TAMDEEN REAL ESTATE Company, a leading Kuwaiti real estate company was awarded today the coveted Best Architecture and Best Development Awards for Madinat Al Fahaheel, and the Best High-Rise Development Award for Al Manshar Rotana Hotel, from the CNBC Arabian Property Awards.
The awards will be presented formally during the 2008 CNBC Arabian Property Award's ceremonial gala dinner, to be held in October, in Dubai. The CNBC Arabian Property Awards have been held since 2006 and have grown immensely in popularity and stature and are becoming a key indicator of the ever increasing standards of real estate development in the Middle East. The judging panel is made up of a panel of well-respected experts from complementary fields who volunteer their time and expertise to the selection and judging process.
Commenting on this auspicious event, Mohammed Jasim Al Marzouq, Chairman and CEO of TAMDEEN REAL ESTATE Company, said: "Tamdeen Group has been leveraging its competencies in hospitality, retail management, entertainment and related financial investment services for many years and has built up a strong group of companies with dedicated expertise and proven track records in Kuwait and through its network of subsidiaries."
Al Marzouq also added, "The success in attaining such internationally recognised awards demonstrates TAMDEEN's strong capabilities and professionalism in providing mixed-use solutions for both local and regional communities and sets high standards for the very competitive Arabian property market."
TAMDEEN REAL ESTATE Company, which has demonstrated a successful track record in the development of mixed use retail, entertainment and hospitality projects, has already achieved several other internationally recognised awards for its Madinat Al Fahaheel project.
The CNBC awards will be distributed to all winning candidates with completed projects or ones currently under construction. They have been set up to acknowledge and reward the contributions made to understanding the fundamentals of the real estate, and implementing creativity through innovative ideas and achievements in the field of urban development and environment in developing and emerging countries in the Middle East and North Africa.
As a leading Kuwaiti property developer, TAMDEEN offers a wide range of corporate investment and retail functions. This enables the company to understand and anticipate market needs and to extend added value advice to its business partners and investors. As a leading real estate development company, TAMDEEN's growth and success is led by an exemplary management team which has made Tamdeen Real Estate one of the region's most dynamic real estate development companies.