On April 8, 2005, the Renaissance Hotel in Moscow hosted the ceremony of the Second Annual Award for Achievements in the Countryside Property Market, Settlement of the Year 2005. The event was attended by representatives of the governments of Moscow and Russia, owners and top managers of building and retail companies, banks, insurance companies, and elite property buyers. The Award Expert Panel assessed the how well the project candidates met the seller's high standards of quality, reliability, and client transparency. In the Business Class Settlement of the Year category, for the second time the golden award went to the Knyazhye Ozero settlement.