THE company behind the redevelopment of Lingfield Point, in Darlington, has won an award in the 2004 Royal Institution of Chartered Surveyors (RICS) Property Management Awards.

The Marchday Group received the Property Management Award for the transformation of the derelict site into a business park.

The RICS Awards, sponsored by Tilfen Land, were announced at a ceremony held at the Park Lane Hilton Hotel, London.

Lingfield Point was also shortlisted earlier this year for the RICS North-East Renaissance Awards, which recognise excellence throughout the region.