CW Awards 2016: Developer of the Year revealed
CWO reveals the winner of its Developer of the Year Award, announced at last night’s Construction Week Awards 2016
MAG Property Development (MAG PD) received the Editorial Choice Award for Developer of the Year at the Construction Week Awards 2016.
CW’s editorial team selected the winner of this category based on the breadth and diversity of MAG PD’s development portfolio and its corporate strategy.
The company’s developments span multiple fields, from residential to industrial. It has delivered more than $1.3bn (AED5bn) worth of projects to date, and has roughly the same value under development.
The developer is now looking to make fresh inroads within the Middle East’s wellness and consumer healthcare market with MAG of Life. Unveiled earlier this year, the brand is dedicated to sustainable, quality-of-life projects.
MAG PD plans to officially launch its first project under the MAG of Life moniker during the coming months.
The CW Awards 2016 were supported by Platinum Sponsor FAMCO; Gold Sponsors ALEC, ASGC, Faithful+Gould, and Parsons; Silver Sponsors Aconex and Al Manader Road Contracting; Category Sponsors Atkins, Construction Computer Software (CCS), Kone, Multiplex, National Engineering Bureau (NEB), Projacs, Ramboll, and Soprema; Official Aluminium Extruder National Aluminium Products Company Oman (NAPCO); and Social Media Partner WSP | Parsons Brinckerhoff.