At the ceremony organized in Paris by the GRI Institute, Green Coast Hotel - MGallery Collection was awarded the prestigious award for the best architecture of the year. This is the first time that a project from Albania has been declared the winner. The GRI Awards Europe 2025 is organized annually to recognize achievements in the real estate development sector in 12 different categories.
"This award is not just about a building, but about a vision, where international standards meet local expertise, creating elegance, sustainability and respect for nature. Green Coast Hotel – Mgallery Collection raises the hospitality industry in the Western Balkans to another level," said Green Coast CEO, Mr. Armando Alicanaj, during his speech at the awards ceremony in Paris.
According to the jury, the project combines global experience with the creativity and craftsmanship of Albanian professionals, bringing about a result that reflects elegance, sustainability and harmony with nature.
Green Coast Hotel – MGallery marks a significant development in BALFIN Group’s journey in the real estate development industry. This recognition demonstrates that when growth is coupled with responsibility and design with purpose, the results set new industry standards.
BALFIN Group is developing several new projects in the field of real estate development in Austria, Albania, the United States of America, Canada, North Macedonia and other countries. The GRI Awards Europe, organized annually by the GRI Institute, are among the most prestigious awards in the real estate sector in Europe.
They recognize projects and organizations that combine development with innovation, sustainability and social impact, setting new standards for the industry. These awards highlight initiatives and projects that shape a more sustainable and responsible environment. The selection process is rigorous and winners are selected through a combination of expert evaluation and voting.
Editorial
