Ground breaking ceremony kicks off construction for TRI-ZEN
Jan 29, 2019 9LBO) – John Keells Properties celebrated the beginning of construction for their newest development, TRI-ZEN, during a special …
Real Estate & Construction
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Fitch downgrades HDFC Bank to ‘BB+(lka)’ as government support weakening
Jan 24, 2019 (LBO) – Fitch Ratings has downgraded the National Long-Term Rating and senior unsecured debentures of Housing Development Finance Corporation …
Capitol TwinPeaks construction continues ahead of schedule: Sanken
Jan 23, 2019 (LBO) – Capitol TwinPeaks, the flagship venture of the Sanken Group, located on the Beira lakefront in Colombo 2, forges forward ahead of …
Chinese cement manufacturer to enter Sri Lankan market
Jan 23, 2019 (LBO) – A Chinese cement manufacturer is seeking to set up a new cement plant in the Hambantota Export Processing Zone in Sri Lanka. According …
BOI signs deal for mixed development apartment complex in Colombo 3
Jan 22, 2019 (LBO) – Sri Lanka’s Board of Investment has signed an agreement with HNJ Towers private limited to build a mixed development project …
Sri Lanka’s Colombo Port- city dredging completed ; Ready for investors
Jan 14, 2019 (LBO) – Sri Lanka’s proposed Financial City better known as the Port City has now fully completed land reclamation, Ministry of Megapolis …
China’s CSCEC named as contractors for TRI-ZEN
Jan 14, 2019 (LBO) – Sri Lanka’s Braybrooke Residential Towers (Pvt) Ltd announced that it had appointed China State Construction Engineering …
LankaPropertyWeb.com Acquires Lamudi.lk
Jan 04, 2019 (LBO) – Sri Lanka’s leading property portal LankaPropertyWeb has announced the acquisition of the country’s no.2 property portal …
How tourism growth affect real estate sector in Sri Lanka
By Lamudi Real estate and tourism are two different industries that correlate and influence on one another. Especially, by the end of the 30 year-long civil …
Sri Lanka BOI ink deal for USD29Mn Braybrooke Residential Towers
Nov 30, 2018 (LBO) – Sri Lanka’s state investment agency, the Board of Investment signed an agreement with Braybrooke Residential Towers (Pvt) Ltd …
Sri Lanka’s Altair adjudged best condo in Asia for architectural design
Nov 16, 2018 (LBO) – Sri Lanka’s Altair has beaten condominium developments in 15 countries in Asia including Singapore, Hong Kong, Japan, China and …
Lamudi Sri Lanka launches online property guide
Lamudi Lanka Private Ltd, the premier online real estate marketplace in Sri Lanka, has recently launched a Property Guide page, as a part of the company’s …
PropertyGuru doubles down on Southeast Asia with funding round
(PRESS RELEASE) Group bolsters its regional leadership with the new funding and full consolidation of Vietnam’s No. 1 property portal, Batdongsan.com.vn …
RICS Sri Lanka to celebrate 150 years
(PRESS RELEASE) – RICS Sri Lanka convened a media conference today (23rd) at The Kingsbury Colombo to announce the upcoming commemoration of its 150th …
Colombo District Land Price Index shows 16-pct increase despite rebasing
Oct 26, 2018 (LBO) – Land prices in the Colombo District during the first half of this year has recorded an increase of 16.3 percent compared to the first …
Blue Ocean Group lays foundation stone for yet another luxury condominium
Blue Ocean Group is pleased to announce yet another iconic luxury condominium project at No.35, Ramakrishna Road, Wellawatte, and the foundation stone laying …
Deregulation of real estate market to boost foreign investment :JLL
Oct 08, 2018 (LBO) – Real estate consultancy JLL Lanka commended the passing of recent legislation pertaining to foreign ownership of land in Sri Lanka, …
MTD Walkers (KAPI) restructures debentures due September 30th, changes auditors
September 28, 2018 (LBO) – In Colombo Stock Exchange (CSE) filings filings released today, listed construction company MTD Walkers (KAPI), announced a …
ADB provides USD300Mn for elevated highway
Sept 28, 2018 (LBO) – The Asian Development Bank’s (ADB) has approved a US 300 million dollar loan to help in the construction of about 5.3 kilometers …
OPINION: 90,000 Northern families in shanties or homeless. What happened to Govt. promised housing?
By Jekhan Aruliah In October last year I had the privilege of participating in the blessing of a new water well in the Killinochchi District of the Northern …