Developer Almacantar has signed a three-year deal to sponsor the RIBA Stirling Prize
The ‘major partnership’ with the London-based property investment and development company begins with immediate effect.
Mike Hussey, chief executive of Almacantar, said: ‘Buildings touch all of us in our daily lives and their design requires a thorough understanding of use and users, context, structure and material.
‘The RIBA Stirling Prize recognises excellence in this field and we are delighted to be sponsoring this most esteemed award in UK architecture.’
Stephen Hodder RIBA President and the first ever recipient of the Stirling Prize, added: Almacantar have an enviable portfolio of investment and development, working with some of the most world-renowned and up-and-coming architects.
‘I am delighted the RIBA Stirling Prize has the patronage of such experienced supporters of architecture.’
According to the institute, the deal ‘will support RIBA’s public programme activity, including the RIBA Stirling Prize and its associated events’.
Almacantar replaces Brockton Capital which withdrew from an agreement to back the most prestigious award in British architecture last year.
The new deal will not see the return of the £20,000 cash prize which was last given to Stanton Williams for its Sainsbury Laboratory in 2012 (see AJ 14.10.12)
The winner of this year’s prize will be revealed at a ceremony at the RIBA’s Portland Place HQ on 15 October.
See the full RIBA Stirling Prize shortlist here.
Almacantar signs three-year deal to sponsor RIBA Stirling Prize