On Wednesday, April 26, the Fitzgerald Hotel in Prague hosted a gala evening for the prestigious international HOF AWARDS 2023 real estate development awards. In the competition for the best residential project in Central and Eastern Europe, the Olomouc project Šantovka Living by the Redstone development group of entrepreneur Richard Morávek won against tough international competition. It was followed by ambitious projects from Warsaw, Budapest, Bucharest, and Łódź.
The exclusive Best of the Best Hall of Fame Awards ceremony is the culmination of a series of individual national CIJ Awards. The Šantovka Living project won the title of Residential Project of the Year in the Czech Republic at the CIJ Awards in 2022. The award was presented by Robert Fletcher, CEO/editor of CIJ magazine, to Jan Lukáš, commercial director of the Redstone group. In this top international competition, winning projects and companies from Central and Eastern Europe compete against each other to determine which project is truly the best of the best. This year, projects from the Czech Republic, Slovakia, Poland, Hungary, Romania, and Serbia competed in several categories. The innovative and transparent evaluation system combined the votes of leading real estate specialists in a 33-member international jury with the votes of selected readers of CIJ magazine from across the region under review. In the final selection, the Olomouc project competed with competing projects Grand Corvin 2 - VIII District by CORDIA (Budapest, Hungary), Fuzja II by Echo Investment (Łódź, Poland), Apartamenty Elektrownia by Tristan Capital Partners and White Star Real Estate (Warsaw, Poland), and H Pipera Lake - phase I by Hagag Development Europe (Bucharest, Romania). The competition organizer, Construction and Investment Journal – CIJ (part of the RPMG group), was founded in 1995 and provides digital news coverage in English on the development and real estate industry in Central and Eastern Europe, the EU, the UK, and the US. The National CIJ Awards have the longest tradition among competitions evaluating commercial real estate in the Czech Republic. For 23 years, they have been striving to evaluate development projects according to the latest trends in local, regional, and international real estate markets. In 2013, the Olomouc project Galerie Šantovka won the competition in the Best Shopping Center Development category. "When founding the Redstone group, we set ourselves an ambitious goal: to bring projects of internationally comparable quality to the regions of the Czech Republic, inspired by best practices in Europe and around the world. We greatly appreciate this prestigious award, which proves that we are heading in the right direction and motivates us to persevere in our efforts," commented Richard Morávek, founder of the Redstone Group. "I would like to take this opportunity to thank my wonderful team of colleagues, without whose dedication, professionalism, and ingenuity we would not have achieved this success. I am really proud of them. We are proud to represent the city of Olomouc and the Czech Republic on the international stage," added Richard Morávek, whose work in the field of development began with the successful project of the Galerie Šantovka shopping and social center in Olomouc.
