Birmingham residential development Hive has scooped three of the property industry's top accolades at the UK Property Awards.

The scheme, which was completed in January, was named both Best Residential Development and Best High-Rise Residential Development in the West Midlands region, and also took the national title for Best High-Rise Residential Development in the UK.

The building, which offers a collection of 167 design-led studio, one and two bedroom apartments, is the second phase of the £600 million mixed-use Masshouse scheme, located in Birmingham's burgeoning Eastside area.

Situated within easy reach of key city centre locations including the Bullring, New Street and Moor Street Stations and the Colmore Business District, Hive presents an extremely attractive proposition for both owner-occupiers and investors to buy into one of Birmingham's key growth areas..

With an extensive programme of development work already underway and with future projects - such as the terminus for the HS2 high speed rail line from London falling within the area - Eastside is undergoing resurgence, with properties in the area becoming increasingly attractive.

Hive's desirability is further boosted through its extensive environmental credentials, as it is the first residential building in the city to draw its power from Birmingham District Energy Company's (BDEC) ultra-efficient heating and hot water system. 

The connection to the BDEC system - located at nearby Aston University - provides every apartment with an estimated 30 per cent saving on hot water and heating bills alongside an estimated 92 per cent reduction in CO2 emissions.

John Moffat, Development Director at Nikal, the developer behind the Masshouse scheme, said: "To have won both of the regional awards is an exceptional achievement, but for Hive to have claimed the top national prize is a true testament to the outstanding quality of this building, in terms of finish, location and its cutting edge environmental features. 

"We are extremely proud that it takes less energy to power each apartment's boiler unit to provide hot water, than to boil a standard electric kettle. At Hive we are genuinely demonstrating a fresh approach to delivering homes for the future."

The UK Property Awards celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry and provide categories for both residential and commercial developments.  Judges take into consideration a building's architectural and interior design, marketing, safety, security, energy efficiency and innovation.

Further to its success in the UK Property Awards, Hive has also been shortlisted in the same category for the International Property Awards, set to take place at the Savoy hotel in London on 12 December.