The CEE Real Estate Quality Awards are organised each year to recognise business excellence in commercial real estate investment across 18 countries and to showcase the sector’s achievements to the international business arena. All aspects of the judging of the awards are supervised and audited by consulting firm Deloitte.

This year, eight major industrial developers from Central and Eastern Europe were nominated for the “Industrial Developer of the Year” award. Ben Bannatyne, managing director, Prologis, Central & Eastern Europe, accepted the award on behalf of the company.

“The CEEQA recognizes a wide range of real estate achievement across Central & Eastern Europe, of which industrial is just one part,” explained Bannatyne. “To reach this level of visibility is truly an honor and a testament to all the hard work our team has done in less than ideal economic conditions. They are to be congratulated for this remarkable success.”

The 11th CEEQA Gala attracted more than 600 real estate professionals from more than 40 countries. Recognitions were awarded in 26 categories and lists of the nominees were announced at the MIPIM real estate show in Cannes in mid-March.

With its active engagement in five countries across the region (Poland, Czech Republic, Hungary, Slovakia, Romania) and a portfolio totalling more than 3.6 million square metres, Prologis is the primary operator of distribution facilities in Central & Eastern Europe (as of 31 December 2013).