The award recognises an industry leader who has been nominated and supported by their property, construction and development industry peers for their leadership and achievements.
The Taskforce’s Chief Executive Tom Forrest said Mr Deiri’s award recognised his outstanding contribution to the industry over more than 2 decades.
“Fouad is the epitome of success in our sector, having grown up in the western suburbs of Sydney where he completed his carpentry apprenticeship before establishing his own construction company and building one of the largest construction businesses in the country.” Mr Forrest said.
The founding Director and Hon Secretary Treasurer of the Urban Taskforce, David Tanevski, said “Fouad Deiri and his team at Deicorp have been relentless builders and highly successful developers of mixed-use residential communities around transport nodes for decades.
“Fouad Deiri never stopped building during and after Covid. When things got tough for our sector, with interest rates and construction costs going up, Fouad Deiri backed himself and his team to continue to produce the housing Sydney so desperately needs.
“For this, Fouad Deiri has been a stand-out industry leader and entrepreneur, delivering thousands of apartments over the years while providing secure jobs for thousands of trades people as well”, Mr Tanevski said.
Long before government started speaking of the need for affordable housing, Fouad Deiri and Deicorp established a strong working relationship with the Aboriginal Housing Company to help them realise their vision for the Pemulwuy project in Redfern, delivering 62 affordable housing dwellings for Aboriginal and Torres Strait Islanders together with childcare, sporting facilities and Indigenous art gallery.
In 2020, Mr Deiri established Deicorp Community, a philanthropic and charitable program that contributes to initiatives aimed at building stronger communities.
Through Deicorp Community, Fouad supports organisations like PCYC to deliver programs for at-risk youth and sponsors the work of well-respected organisations like Northwest Community Services and Hills Community Aid, helping them deliver community transport for the elderly and disabled, homework help programs for students and financial support for those in need.
The Property Person of the Year award will be presented to Fouad Deiri OAM at a celebratory fundraising charity dinner on 15th November, an opportunity to raise funds for two important charities: the Warrah Society which offers quality support for adults and children with disability in Sydney’s Northwest; and St Vincent’s Prostate Cancer Centre.
Mr Fouad Deiri OAM said “it is a great honour to be named Urban Taskforce Property Person of the Year and a pleasure to support both Warrah Society and St Vincent’s Prostate Cancer Centre.”