What defines a trophy building?

A trophy building is characterized by its high-profile status, which typically includes having the latest technologies and being situated in an exceptional location. These buildings are often luxury high-rises or premium office spaces that represent a pinnacle of quality in terms of design, construction, and amenities. They attract attention due to their architectural significance, modern facilities, and desirable geographic placement, making them highly sought after in the commercial real estate market.

While historically significant buildings have their own importance and may even be considered prestigious, they do not necessarily meet the criteria of “trophy” status unless they also possess modern features and prime location. Residential buildings or those specifically designed for industrial use do not fit the trophy building definition either, as trophy buildings are typically associated with commercial offices or retail spaces that exemplify a high standard of luxury and functionality.