Hayleys records Rs.52.6Bn turnover in first quarter 2019/20
Aug 09, 2019 (LBO) - Hayleys PLC, demonstrated resilience in challenging conditions to record an improvement in turnover and operating performance during the …
Real Estate & Construction
Overseas Realty revenue up 43-pct for six months ended Jun 30 2019
Aug 06, 2019 (LBO) - Overseas Realty (Ceylon) PLC recorded a group revenue of 3,726 million rupees for six months ended June 30, 2019, an increase of 43 …
Ceylon Chamber announces Sri Lanka investment and business conclave 2019
The Ceylon Chamber of Commerce in association with the Ministry of Development Strategies and International Trade, Ministry of Foreign Affairs, Ministry of …
Sri Lanka Real Estate regains momentum with international and expat markets
Jul 29, 2019 (LBO) - Following recent marketing efforts by industry leaders as well as by the Sri Lanka Tourism Board Authority (SLTBA), Sri Lanka’s many …
Sri Lanka officially adds “Port City” reclaimed land to Colombo map
Jul 24, 2019 (LBO) - Sri Lanka's Minister for Megapolis and Western Province Development said the Ministry of Local Government will be tabling an act in …
Land prices surrounding LRT up 129-pct: Minister
Jul 04, 2019 (LBO) - Land prices in and around Malabe have increased up to 129 percent following the announcement and launch of Sri Lanka's light rail project, …
Land prices in greater Colombo increase up to 64-pct: Lanka Property Web report
Jun 28, 2019 (LBO) - Demand for land in Thalahena, Gothatuwa and Kolonnawa are rising significantly, resulting in the highest percentage increases in land …
Access Engineering (AEL) director sells Rs400mn worth of stock
June 22, 2019 (LBO) - Colombo Stock Exchange (CSE) listed Access Engineering (AEL) in a stock market disclosure reported that a non-executive director had sold …
Sri Lanka’s real estate and construction industries continue stoically, post Easter Attack
(PRESS RELEASE) - Sri Lanka’s construction sector which ranks as the 5th highest in the nations GDP earnings, after Services, Manufacturing, Agriculture and …
Ritz-Carlton Residence and Hotel Tower reaches 30th floor
Jun 17, 2019 (LBO) - Keeping its promise to its client’s and stakeholders, developers of The Ritz-Carlton Hotel and Residence, Colombo, The One Transworks …
Korea Eximbank to conduct feasibility study to establish land information service system
May 24, 2019 (LBO) – Recognizing the importance of efficient land management and its contribution to the economy, the Korea Eximbank is financing a …
Govt plans to construct two flyovers at Kohuwala and Gatambe
May 23, 2019 (LBO) - The Cabinet of ministers has approved plans to construct two more flyovers at Gatambe in Kandy and another in Kohuwala, Colombo. …
Sanken promotes property market at Singapore International Expo
May 13, 2019 (LBO) - Capitol TwinPeaks, a venture of Sanken Group, showcased their project at the SMART Investment and International Property Expo in …
Interview : How SL’s housing market is gearing to meet economic, environmental and social challenges
Apr 30, 2019 (LBO) - Sri Lanka's Landmark Group, a real estate development company bent on challenging traditional approaches to the island's housing and …
“Apartment sales slowing due to relatively lesser cash flows for these investments” HNB CEO
Mar 27, 2019 (LBO) - Successful real estate sector outcomes will be dependent upon sound strategy that puts into place foreign investment for new projects, a …
Interview : Present and future trends in real-estate and condo market in Sri Lanka
Mar 11, 2019 (LBO) – The Blue Ocean Group of Companies has grown into a versatile conglomerate over the past few years. The group of companies engage in …
Colombo Land Price Index records 18-pct increase in 2H 2018
Mar 07, 2019 (LBO) – Land Price Index (LPI) for Colombo District, compiled by the Central Bank reached 125. online pharmacy buy abilify with best prices …
Condominium developers urge buyers to profit from Sri Lanka’s new VAT laws
Mar 07, 2019 (LBO) – Condominium developers are urging buyers to profit from the new VAT laws as all condominiums are about to go up in price soon. online …
JW Marriott Hotel and residences tower officially launched in Sri Lanka
Feb 25, 2019 (LBO) - The One Transworks Square officially launched phase two of its high end luxury development project with the launch of its second tower, …
MTD Walkers (KAPI) on the verge of collapse suffers another Rs1.5bn quarterly loss
February 15, 2019 (LBO) - Continuing its seemingly endless spiral into the inevitable abyss, CSE listed construction firm MTD Walkers (KAPI) reported a loss of …