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 …
Real Estate & Construction
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 …
“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 …
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 125.9 during the 2nd half of 2018, recording an …
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. After the …
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 …
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 …
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 …
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 …