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 …
Real Estate & Construction
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 …
BOI signs deal with Bellevue to build tallest building outside Colombo district
Feb 11, 2019 (LBO) – Sri Lanka’s BOI has signed an agreement with Bellevue Residencies Private Limited to build a mixed development project for a 35-storey …
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 groundbreaking …
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 located at …