Sonae Sierra was crowned the real estate development company with the greenest environmental strategy in Europe. In addition, Coen van Oostrom of OVG Projectontwikkeling received an Encouragement Award for his innovative sustainable development initiatives.

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PropertyEU has joined forces with the EXPO REAL international property fair in Munich to identify and honour the development company with the greenest environmental strategy in Europe.

The two parties say The Green Thinker Award is a direct response to the recent proliferation of debates, seminars and conferences focusing on sustainability issues within the European real estate industry over the past 18 months. While applauding the attention for sustainability, the organisers of the award say it is not always easy to separate the serious ideas from the 'greenwash'.

The Green Thinker Award will endeavour to do that by answering key questions: 'who are the Green Thinkers in the European property industry?' and 'which green thoughts work well for a company and what can others learn from their pioneering efforts?'

EXPO REAL, in association with PropertyEU, has developed a unique research project that looks at the environmental strategies of the leading real estate developers in Europe. The aim is to pool existing thoughts and ideas on this very vital issue and steer the discussion in a clear direction.

More details on www.greenthinkeraward.com