ICON Bali Wins World Silver Winner at FIABCI World Prix d'Excellence Awards 2026
ICON Bali has won the World Silver Winner award in the retail category at the FIABCI World Prix d’Excellence Awards 2026. The prestigious award was presented at the Hofburg in Vienna, Austria, on 11 June 2026.
“For us, this award is also recognition of an idea — that local values, culture and Balinese identity can gain acknowledgement on the world stage,” said Heru Nasution, President Director of PT Grha Hatten Duasatu, on Friday (24/7/2026).
The FIABCI World Prix d’Excellence Awards honour the best property projects from various countries. Participants are all winners of national-level awards in their respective countries.
ICON Bali was the only shopping mall representing Indonesia at the international property awards. The achievement followed its success as Gold Winner in the retail category at the FIABCI Indonesia-REI Excellence Awards 2025.
Heru described the judging process as extremely detailed, covering concept, construction, architectural design, financial management, innovation, technology, sustainability and community impact.
“There were many criteria and they were extremely detailed, down to the financial reports. The judges came from all over the world, so they were very thorough,” Heru added.
According to Heru, the award also proves that ICON Bali has contributed to revitalising the Sanur area, having grown into one of the community’s favourite gathering places.
Heru said one challenge currently facing ICON Bali is the high level of interest from brands seeking to enter Sanur. He noted that a number of brands are now beginning to recognise the area’s potential as tourism and business there develop rapidly.
“New brands are now arriving, and only now are they realising that Sanur is truly remarkable. So these brands are all starting to want in,” Heru said.
ICON Bali has also provided space for local micro, small and medium enterprises (UMKM), which Heru said form an important part of activity in the area.
ICON Bali, located in Sanur, Denpasar, has a leasable area of around 32,000 square metres with more than 200 tenants. The mall has become a favourite destination for local residents as well as domestic and foreign tourists.
Heru revealed that ICON Bali receives 30,000 visitors per day, rising to 40,000 at weekends.
Among its attractions is an architectural design inspired by Bali’s nature and culture, with distinctive Balinese elements translated through contemporary design, direct beach access and daily Balinese cultural performances.
The FIABCI World Prix d’Excellence Silver Award represents international recognition of ICON Bali’s efforts to define a culture-based shopping-tourism concept, and proves that retail development in Indonesia can compete on a par with leading projects from around the world.
“This achievement does not belong to ICON Bali alone. Therefore, with full respect, we dedicate this award as a form of appreciation to the Provincial Government of Bali, the Denpasar City Government and all the people of Bali who have been part of ICON Bali’s journey and growth to the point of international recognition,” said Ida Bagus Rai Budarsa, President Commissioner of PT Grha Hatten Duasatu, in his remarks at the award handover ceremony at ICON Bali.