Prime Lands Residencies expected to make IPO bid soon
Prime Lands Residencies (Pvt) Ltd, the condominium property arm of Prime Group, recently celebrated a milestone achievement upon the completion of its 35th …
Real Estate & Construction
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Aitken Spence acquires Waltrim Energy for Rs.900Mn
Aitken Spence PLC has acquired 100 percent of shares of Waltrim Energy Limited, a sub-subsidiary of Sunshine Holdings PLC, for a total consideration of 900 …
NEM Construction receives record consignment from Udeshi Group
UTRAX®, the construction equipment division of the Udeshi Group, has successfully completed the handover of the country’s single largest order of hydraulic …
Veemansa Initiative webinar to discuss new developments at Colombo Port City
Asia’s newest landscape, the Colombo port city, is to be launched as a special economic zone under the aegis of the Colombo Port City Economic Commission. …
China-SL leaders agree to strengthen bilateral relations in all sectors
Port City & Hambantota port projects to be expedited ...Continuous support to Sri Lanka in international fora ...President invited to visit China again …
Project Company welcomes Cabinet approval to establish SEZ at Port City
The approval was granted at the cabinet meeting held on the 04th January 2021 to establish the Colombo Port City Special Economic Zone which will be an …
Fitch affirms Abans PLC at ‘AA(lka)’; Outlook stable
Fitch Ratings has affirmed Sri Lanka-based consumer-durable retailer Abans PLC's National Long-Term Rating at 'AA(lka)'. The Outlook is Stable. Fitch has …
Russian top billionaire Andrey Melnichenko visits Port City Colombo
Prominent Russian business tycoon Andrey Melnichenko visited Port City Colombo today. He was accompanied by Sri Lankan-born British Politician and former EU …
Soft opening of common areas of ALTAIR apartments
ALTAIR, the internationally acclaimed architectural icon, is on the cusp of completion. This breathtaking edifice which has transformed the perception of …
Prime Residencies offers luxury apartments to customers
Prime Land Residencies Ltd, the condominium property arm of the maestro of real estate artistry in Sri Lanka, Prime Group, recently celebrated a …
JAT Holdings appoints Devaka Cooray and Priyanthi Pieris to its Board of Directors
JAT Holdings, Sri Lanka’s trusted leader of material required to the Construction and Furnishing Industry, announced the appointment of two renowned industry …
Trillium launches new Rs.1.2Bn apartment complex in Colombo
Total investment of Rs. 1.2 billion for the project by Trillium.Affordable luxury living in Colombo City Limits – Havelock Town, Colombo 05.A Condominium …
Capitol TwinPeaks forges ahead, amidst industry challenges
Capitol TwinPeaks, the 50-storey twin-tower mixed residential development under the Sanken Group, continues construction for delivery in 2021, amidst several …
Lanka Property Web says SL real estate market stable despite pandemic
“Since the turn of the year there has been an increase in real estate activity by property buyers and sellers”, said Sri Lanka’s leading property portal …
Sampath Bank partners with John Keells Properties’ TRI-ZEN on Home Financing Solutions
Sampath Bank entered into a strategic alliance with TRI-ZEN, a premium smart living project being developed in Union Place, Colombo by John Keells Properties …
Cinnamon Life secures Certificate of Conformity for project’s office and ‘The Suites’ residential towers
Cinnamon Life, Sri Lanka’s largest mixed development, announced another major milestone in its journey to completion with the securing of a Certificate of …
Buying apartments the right way: 3 things to be mindful of
By Lanka Proprty Web From vertical living to multi-storied houses and ancestral homes in the countryside, housing has evolved throughout the years in different …
Port City Colombo attracts world’s top investor Nathaniel Rothschild
World renowned financier and a member of Rothschild family, Nathaniel Rothschild who is in Sri Lanka for a brief business tour, paid a visit to Port City …
New manufacturing facility Lanwa Sanstha Cement Factory to be commissioned in June
Dec 10, 2020 (LBO) – State-of-the-art cement manufacturing facility Lanwa Sanstha Cement Corporation (Pvt) Ltd which is slated to be one of the largest in …
ABCs of investing in Sri Lankan real estate
By Lanka Property Web Imagine overlooking the crashing beach waves and feeling the cool ocean breeze stroking your cheeks as you sip on a cup of tea from the …