Vancouver, BC, Canada - Concert is pleased to announce that it has been nominated as a finalist in the Canadian Home Builders' Association's 2008 National SAM Awards in four categories.

Concert's new six-storey Chelsea condominium development in Victoria has been nominated for Best Multi-Family Project; the 16-storey Emporio residential tower in Richmond is a finalist for Best Sales Office and for Marketing Excellence; and Concert has also been named a finalist for the Canadian home building industry's highest honour, the American Standard Grand SAM Award.

"Given the record number of entries this year, Concert is very honoured to have been nominated for these prestigious industry awards," says David Podmore, President & CEO, Concert Properties Ltd. "Our goal in developing Chelsea and Emporio was to create the best residential homes possible, while blending into these two vibrant, well-established neighbourhoods."

With each endeavour, Concert is focused on people, innovative design, superior standards of construction, customer service and community values. This commitment is exemplified by projects such as Emporio and Chelsea.

The National SAM Awards celebrate excellence in new homes and renovation design, innovative technology and construction techniques, outstanding presentations, and marketing and sales activities across Canada.

Twenty-three National SAM Awards will be presented at the CHBA's 66th National Conference on February 28, 2009 in Québec City, Québec, when industry and government leaders and CHBA members from across the country gather together to honour this year's award winners.

About the Canadian Home Builders' Association
The Canadian Home Builders' Association (CHBA) is the voice of the residential construction industry in Canada representing more than 8,300 member firms across Canada. Membership comprises new home builders, renovators, developers, trade contractors, building material manufacturers and suppliers, lenders and other professionals in the housing sector.

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.