The owners of Des Indes has won the FGH Real Estate Prize 2006 for the redevelopment of the five-star Hotel des Indes in the Hague. In transforming the Hotel des Indes into a five-star accommodation, the owners have respected this unique building with its special history, while entirely meeting the needs of our time,´ said Peter Keur, CEO of FGH Bank, as he presented the award on Monday at the Beatrix Theatre in Utrecht.

The owners of Des Indes has won the FGH Real Estate Prize 2006 for the redevelopment of the five-star Hotel des Indes in the Hague. In transforming the Hotel des Indes into a five-star accommodation, the owners have respected this unique building with its special history, while entirely meeting the needs of our time,´ said Peter Keur, CEO of FGH Bank, as he presented the award on Monday at the Beatrix Theatre in Utrecht.

'Additionally, the jury believes that the relatively high investment in a risky use function has certainly proven to be justified,' Keur said. ´Finally, Des Indes is not only a monumental object for its direct surroundings, but it is also a symbol for the city of The Hague and its surroundings.'

The FGH Real Estate Prize is a biennial award for entrepreneurship in the commercial real estate market. The 2006 event marks the ninth time the prize was awarded. The other projects nominated for the prize were the office building De Brug in Rotterdam, the city centre development in Etten-Leur, and the former Renault garage in Amsterdam.