Sri Lanka to sign up US$2.0bn in property developments
Nov 14, 2013 (LBO) – Sri Lanka is to sign up 2.0 billion US dollars of property development deals for which tax concessions will be given, investment …
Real Estate & Construction
India construction expo seeks Sri Lanka participation
Nov 01, 2013 (LBO) – Organizers of India’s Excon 2013, touted as South Asia’s largest construction equipment fair say Sri Lanka’s …
Sri Lanka JKH resort goes to Korean builders: report
Oct 08, 2013 (LBO) – Sri Lanka’s John Keells Holdings has awarded a consortium led by South Korea’s Korea’s Hyundai Engineering and …
Sri Lanka construction industry targeted by Milcris
Sept 20, 2013 (LBO) – Milcris (Pvt) Ltd, a construction consultancy with Sri Lankan origins which caters mainly to international projects in the Middle …
Sri Lanka paid another installment for land by India’s Krrish: minister
Sept 18, 2013 (LBO) – India’s Krrish group has paid another installment for state land given to their project including interest for delays …
Sri Lanka port expansion with UltraTech cement
Sept 12, 2013 (LBO) – UltraTech Cement Lanka (Pvt) Ltd, a unit of India’s Aditya Birla group said it had provided 90 percent of the cement for Sr …
Sri Lanka’s firm seeks nod for land sale to China’s Avic
Sep 09, 2013 (LBO) – Sri Lanka’s Lee Hedges Plc is seeking shareholder nod to sell land worth 1.24 billion rupees to a Chinese led mixed …
Sri Lanka Crown casino project told to shift: report
Aug 05, 2013 (LBO) – A 350 million US dollar proposed casino resort has been told to shift or change its design so that a lake can be seen through the …
Sri Lanka-born top international designer Balmond in JKH resort
Aug 02, 2013 (LBO) – Balmond Studio Limited, a UK-based firm founded by Sri Lanka-born Cecil Balmond has designed John Keells Holding’s 820 million …
Chinese firm to build $1.4 bln Sri Lanka city complex
COLOMBO, July 24, 2013 (AFP) – Sri Lanka has finalized a deal with a Chinese company to build a $1.4 billion city complex on reclaimed land near the …
Sri Lanka capital’s property projects to match demand: report
July 23, 2013 (LBO) – Despite several large luxury apartment blocks, hotel and retail space being planned in Sri Lanka’s capital Colombo there may …
Krrish denies Sri Lanka allegations, says investor confidence shaken
July 18, 2013 (LBO) – India’s Krrish group which is involved a property project in Sri Lanka has denied wrongdoing and said recent media reports …
Sri Lanka cement demand to pick up: Tokyo Cement
July 17, 2013 (LBO) – Sri Lanka’s Tokyo Cement said demand is expected to recover from a contraction in the first quarter of 2013 and medium term …
Krrish given more time to pay for Sri Lanka land: report
July 17, 2013 (LBO) – Sri Lanka has given another extension to pay for state land in the capital Colombo for a proposed real estate project by …
Sri Lanka’s Piramal Glass unit sells more land
July 17, 2013 (LBO) – Sri Lanka’s Piramal Glass Ceylon Plc, a unit of India’s Piramal group said it was selling a second tranche of its …
Sri Lanka’s John Keells Holdings in 650mn mixed resort
July 10, 2013 (LBO) – Sri Lanka’s John Keells Holdings said it was shortly expecting state approval as a ‘strategic development …
Sri Lanka urban housing eyed by UAE firm: industries ministry
July 05, 2013 (LBO) – Midein Holding Llc, an Abu Dhabi based firm is looking at urban housing development in Sri Lanka, the ministry of industry and …
Sri Lanka’s boom time condos fail building rules
July 04, 2013 (LBO) – Over 71 condominiums, especially some built during a boom that ended in 2009 have failed to conform to building regulations, …
Sri Lanka Crown project land transfer approved
June 20, 2013 (LBO) – Sri Lanka’s cabinet of ministers had approved the transfer of a 50-year lease of state land in the capital Colombo earmarked …
Sri Lanka processing large property projects
June 13, 2013 (LBO) – Sri Lanka is processing several large mixed development projects in the capital Colombo including two which may be over 500 million …