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Wednesday, December 1, 2010

GuocoLand China wins property award

LONDON: Malaysia’s Hong Leong Group property arm, GuocoLand (China) Ltd (GLC), was voted the Best International Mixed-Use Development at the International Property Awards here over the weekend for its US$2 billion flagship project Guoson Centre.

The achievement sets an important milestone for China as it is the first time that one of its mixed-use projects has been honoured for "Best International" in 16 years since the awards’ inception, GLC said.

GLC group managing director Violet Lee said that winning the award showed that “China can actually construct quality projects that can top the world.”

“Winning the world’s best means we have reached a certain point namely world recognition of the efforts that we have put in,” she told reporters from Malaysia and Hong Kong here Sunday.

Lee said that one of the factors why GLC won the award against other nominees, which included those from the Midle East like Bahrain Bay with projects worth more than US$6 billion, was its “community angle.”

By Business Times

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