Sri Lanka’s Access gets Col 02 land for Rs.1.1 Bn

Sept 20, 2018 (LBO) – Sri Lanka’s cabinet of ministers has approved the lease of a prime land block in the Colombo’s central business district to Access Realties, a local real estate developer, s statement said. 

The land area of 114.56 perches has been leased on a 99 year lease for 1.1 billion rupees, a recently released statement on cabinet approvals said. 

The proposal was put to the cabinet by Patali Champika Ranawaka, Minister of Megapolis and Western Development.

The plot is located on Mudalige Mawatha, in Union Place, Colombo 2.