HONG KONG: Sino Land Company Ltd, one of the major developers in the territory, has been named "Best Residential Developer in Hong Kong" for the year of 2009 in a recent Euromoney poll.

The poll, conducted by Euromoney's Liquid Real Estate magazine annually, canvassed the opinions of real estate developers, advisors, financial institutions, investors and end-users in 50 countries worldwide.

Key assessment criteria of the poll include profit and turnover, creative dynamic for investment potential, property maintenance and renovation plans and property value retention.

"In an increasingly challenging financial environment, the winners of the 2009 Euromoney Real Estate Awards are those that exhibited the ability to innovate, react at speed and make the best use of the inherent strengths of their organization," said Clive Horwood, Editor of Euromoney.

"Through the real estate poll, the market has recognized the achievements of Sino Group in the face of difficult market conditions, which is why the award is so richly deserved," he said.

"We are honored to be voted as the 'Best Residential Developer in Hong Kong'. The award is a great encouragement to us and we will work even harder to exceed our customers' expectations," said Daryl Ng, Executive Director of Sino Group.

China Daily

(HK Edition 09/25/2009 page3)