CONCERT TAKES TOP HONOURS AT SAM AND GEORGIE AWARDS

Vancouver, BC – Concert has once again taken top honours at the Canadian Home Builders' Association’s (CHBA) National SAM Awards, announced at the CHBA’s 62nd National Conference in St. John's, Newfoundland on March 5, 2005.

For the second year in a row, an independent panel of judges selected from across the country has awarded Concert the Canadian home building industry’s highest honour - the coveted Grand SAM Award. The award was presented to Concert for outstanding performance in both the building and marketing of "StoneCliff," Concert’s landmark luxury condominium development on the slopes of West Vancouver. Concert’s StoneCliff project also won the Marketing Excellence Award, presented to the CHBA builder member whose single project combines the best overall aspects of professional marketing, advertising, promotion, site-merchandising and sales presentation. This award was presented in addition to that for best project signage and logo.

In addition, a fourth award was presented to Concert in the multi-family housing project category, as StoneCliff was named best project over four storeys.

These SAM Awards add to what has already been another award-winning year for Concert, as just last month the company was awarded the coveted Gold Georgie for “Best Residential Development in BC” at the 13th annual Georgie Awards.

StoneCliff also took top honours for “Best Brochure.”

Named after Capt. George Vancouver, the Georgie Awards are organized by the BC chapter of the Canadian Home Builders' Association to recognize the best in British Columbia's housing industry.

In addition to the pair of StoneCliff honours, Concert won a third award for “Best Print Advertising” for “Urba,” Concert’s Collingwood Village development scheduled for completion in 2006.

“We are extremely proud to have once again been honoured with the Canadian home building industry’s top award and to have won a total of four SAM and three Georgie Awards this year,” said Concert Properties President and CEO David Podmore. “The calibre of the entries from all over the province and across the nation was exceedingly high, so being named “the best” in seven different categories is a tremendous achievement."

“We at Concert are dedicated to continuously pursuing excellence in all that we do. Such honours only serve to reinforce our reputation as one of the top real estate development companies in Canada,” said Podmore.

About StoneCliff

StoneCliff is a landmark development by Concert Properties designed for those with mpeccable taste and a zest for life. The exceptionally large, single-level residences, situated within three spectacular, 15-storey towers, range from 1,600 to 2,400 square feet, grace and elegance woven seamlessly into every detail. Most feature two bedrooms, a den and home entertainment room. All take full advantage of the sweeping panoramic views that encompass English Bay, the Gulf Islands and downtown Vancouver.

The three towers of StoneCliff are set amidst almost 10 acres of tall West Coast forest, nature trails, meandering creeks and wide-open spaces. The lush landscape, winding drive and striking Porte-Cochere entrances evoke a sense of arrival. Embraced by scenic silence, with spectacular views that will forever remain protected, these luxurious, concrete built towers are truly a home of visionary design.

About Urba

A 27-storey signature tower with a four-storey base, Urba is located in Concert's Collingwood Village community. Collingwood Village is a 28-acre master-planned Vancouver community that is an affordable, people-friendly neighbourhood with tree-lined streets, parks and all kinds of community amenities. Suites range from studios to three-bedroom homes.

The building is ideally situated immediately adjacent the future Aberdeen Park, near Gaston and Melbourne Parks, Collingwood Neighbourhood House and within a short walk to the Joyce SkyTrain Station and buses providing connections to virtually anywhere in the Lower Mainland. Upper floors afford terrific views of the North Shore Mountains, the City of Vancouver and even Mount Baker.

About Concert

Properties Concert is an award-winning diversified real estate enterprise involved in developing and acquiring commercial and industrial properties, rental housing, multi-family condominium housing, seniors living communities, and resort developments in British Columbia, Alberta and Ontario. www.ConcertProperties.com

For media inquiries contact:
Heather Harley
Telephone: 604.602.3713
Email: HHarley@ConcertProperties.com