Sri Lanka’s Liberty Plaza mall in Rs600mn expansion: BOI
Apr 05, 2013 (LBO) – Sri Lanka’s Colombo Land and Development Company Plc, will build a 600 million rupee expansion, through a wholly owned unit, …
Real Estate & Construction
Sri Lanka prohibits sale of land to foreigners
Feb 21, 2013 (LBO) – Sri Lanka has decided to prohibit the sale by state and private land outright to foreigners, information minister Keheliya …
Sri Lanka central hill city to get mixed development
Feb 18, 2013 (LBO) – A twin tower property project made up of apartments, hotel and restaurant will be built in the central hill city of Kandy by a firm …
Sri Lanka’s Access Engineering net up 65-pct
Feb 12, 2013 (LBO) – Sri Lanka’s Access Engineering Plc, which has interests in construction, real estate and automobiles said net profits in the …
Sri Lanka set up state firms for construction
Feb 10, 2013 (LBO) – Sri Lanka will set up three state companies to bid for construction projects under the road development agency, targeting contracts …
Sri Lanka ICC, Nivasie in Rs3.6bn property venture
Dec 31, 2012 (LBO) – Sri Lanka’s International Construction Consortium (Pvt) Ltd, is promoting a 3.6 billion rupee property development in Malabe …
Sri Lanka opposition raises queries on payment for state land
Dec 18, 2012 (LBO) – A legislator from Sri Lanka’s main opposition United National Party had queried whether India’s Krrish group had made a …
Sri Lanka’s Colombo Land says wraps up purchase
Dec 18, 2012 (LBO) – Sri Lanka’s listed Colombo Land and Development Company Plc has wrapped up a deal to buy an adjacent property, which it had …
Sri Lanka property venture formed by Singapore’s Keppel
Dec 07, 2012 (LBO) – Sri Lanka CT Holdings said Singapore’s Keppel group had completed the purchase of a 60 percent stake in a property unit which …
Sri Lanka housing project in capital by India’s TATA
Oct 19, 2012 (LBO) – Sri Lanka’s Urban Development Agency will give land on a 99-year lease to India’s Tata Housing Development Company Ltd …
Sri Lanka US$60mn property project by Pakistan firm
Oct 11, 2012 (LBO) – Imperial Builders (Pvt) Ltd, a unit of Pakistan based Lakhani group is investing in a 60 million US dollar project to develop land …
Sri Lanka Krrish project gets sweeping tax breaks
Oct 08, 2012 (LBO) – A 450 million US dollar hotel and residential development in Sri Lanka’s capital Colombo by India’s Krrish group is …
Sri Lanka US$140mn project by India’s ITC
Oct 04, 2012 (LBO) – India’s ITC Limited will build a 140 million US dollar mixed development including a hotel, shopping mall and apartments in …