Create an identity for a Property Management company

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This customer received 179 logo designs from 48 designers. They chose this logo design from studiox as the winning design.
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Logo Design Brief
I need a logo designed for my new property management company that is going to based in India. We are bringing in a spin on traditional prop mgmt by making it web-based. Our clients will own high end properties across the country and are typically living outside India. I would like colours like green, yellow with maybe just a light touch of red.
Updates
Project Deadline Extended
Reason: Have added more information to the brief
Added Monday, May 26, 2014
I have uploaded the current logo, I am looking for something more modern than that . Please read the updated brief as well. Thanks for all the work so far
Added Monday, May 26, 2014
Update 2: Please do not design literally, with buildings and trees or cherries. That is way too typical and literal and isn't showing any imagination. We are looking for something abstract that can be used in different branding initiatives.
Added Tuesday, May 27, 2014
Thank you for your designs. We are currently evaluating and shortlisting designs and should be able to revert by end of the week.
Added Thursday, June 05, 2014
Target Market(s)
Our typical clients are either non resident Indians living abroad and who have invested in properties in India or property owners who live in India but not in the city their property is located. They are professionals who are well travelled and have possibly lived in different countries and are cosmopolitan in outlook.
Industry/Entity Type
Property Management
Logo Text
Cherrytree Property Management
Logo styles of interest
Pictorial/Combination Logo
A real-world object (optional text)



Abstract Logo
Conceptual / symbolic (optional text)



Colors
Colors selected by the customer to be used in the logo design:
Look and feel
Each slider illustrates characteristics of the customer's brand and the style your logo design should communicate.
Elegant
Bold
Playful
Serious
Traditional
Modern
Personable
Professional
Feminine
Masculine
Colorful
Conservative
Economical
Upmarket
Requirements
Must have
- Elegant, modern and professional look, so not necessarily need a tree in the logo.
Should not have
- Abbreviation of the name and just the name as the design. The logo needs to stand out and gradually have recall value and ability to use extensively in branding initiatives