Best Islamic Real Estate Award For Km Properties

Friday, October 31, 2008

KM Properties were among other recipients of the “Best Islamic Real Estate” prestigious award during the Real Estate Investment World Summit, in Riyadh, Kingdom of Saudi Arabia. The award was given to KM Properties for TAMANI Hotels and Resorts by the Councils of Saudi Chamber of Commerce and Industry, in recognition for achieving excellence in the real estate and hospitality development sector. The award was presented to KM Properties by Shaikh Saleh bin Ali Al Turki, Chairman of Council of Saudi Chambers of Commerce and Industry. Awardees were selected on the basis of the pre-set criteria such as scale of the project, design, use of materials, use of alternative technologies, sustainability elements, and types of funds offered, customer service, financial knowledge, innovation and adherence with the Shariah principles. Out of 164 nominations received worldwide, 35 companies have been selected to compete for the eight Awards: being Best Islamic Real Estate Project, Leading Real Estate Developer, Best Sustainable Project, Leader in Islamic Hospitality, Leading Islamic Financing Institution, Best Islamic Fund Manager, Best Islamic Real Estate Fund, Leading Entrepreneur of the Year.

Source: Khaleej Times

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