Potential challenges for Sri Lanka’s residential and retail markets beyond 2019: JLL
Mar 26, 2018 (LBO) – Sri Lanka’s residential real estate sector, especially high end condominiums,faces over supply challenges, with the recent …
Real Estate & Construction
Sri Lanka plans to issue licenses for electricians from October
Mar 23, 2018 (LBO) – Sri Lanka’s electricity sector regulator, Public Utilities Commission is planning to implement a mechanism to establish an …
The One, landmark mixed development to cost USD500Mn plus
Ultra luxury, state of the art hospitality, breathtaking surroundings, signature amenities, world class dining experiences, three towers comprising two luxury …
PropertyGuru Asia Property Awards (Sri Lanka) 2018 event gathers momentum, shortlist reveal in June
PropertyGuru, Asia’s foremost online property company, is gearing up to host its first-ever Asia Property Awards gala dinner in Colombo, Sri Lanka in 2018 as …
Buoyant property market witnessed at the Lanka Property Show 2018
Colombo : The 2018 edition of the Lanka Property Show was concluded successfully, drawing praise from both exhibitors and visitors. The event, which was …
Japanese company wins contract for Central expressway’s 3rd phase
Feb 21, 2018 (LBO) – The Government has given the go ahead to award the contract for construction of 3rd phase of Central Expressway to M/S Taisei …
Ariyana Resort Apartments launched by Home Lands Skyline
Going somewhere else to relax your mind & body will soon to be outdated, with the initiation of Home Lands Skyline’s – ARIYANA Resort Apartments …
JLL Sri Lanka sponsors first PropertyGuru Asia Property Awards in Colombo
(PRESS RELEASE) The PropertyGuru Asia Property Awards (Sri Lanka), the premier industry awards ceremony that will be held for the first time in Colombo in …
Construction sector challenged by continued labour shortage: report
RIU report 2018 – The construction industry is worth approximately USD 8 Bn and is already under strain owing to rising construction costs.This …
Sri Lanka’s RIL Property goes for Rs.1.6Bn Rights Issue
Feb 14, 2018 (LBO) – RIL Property Plc said they will be raising 1.6 billion rupees through one for three Rights Issues to settle part of the long-term …
Lanka Property Web to hold second successive show
Feb 08, 2018 (LBO) – Lanka Property Web.com will be hosting for the second successive year Sri Lanka’s largest property show, scheduled to be held on …
Sri Lanka launches retirement living with Catalina Villas
Jan 31, 2018 (LBO) – Granite Capital announced the launch of Catalina Koggala, a first-of-its-kind residential community villa development targeting the …
Sri Lanka to be build a “Dream World” at Waters Edge, Battramulla
Jan 29, 2018 (LBO) – Sri Lanka’s Urban Development Authority’s Waters Edge, together with Melchers Project Management Pte Ltd will build a …
CHEC to kick off Port City project with billion dollar towers : Minister
Jan 26, 2018 (LBO) – Sri Lanka government has signed two Memorandums of Understanding with China Harbour Engineering Company (CHEC) to facilitate …
Piliyandala – from 15th century transit point to Colombo’s main transport hub
By Lanka Property Web Piliyandala, a popular suburb is located 18 KM south from Colombo. It ranks among the top suburbs in the western province due to …
2018 budget vs foreigners from buying property in Sri Lanka
The highly anticipated 2018 budget of the Sri Lankan Government concluded recently with a number of surprises that were not seen in budget proposals in the …
Port City legislation to Parliament by March, Work on three towers to commence
Jan 03, 2018 (LBO) – Sri Lanka’s Port City legislation would be brought before Parliament by March while construction on the first permanent buildings are …
Sri Lanka govt approves USD 1Bn financial city complex
Dec 21, 2017 (LBO) – The cabinet of ministers has given the go ahead to sign a Memorandum of Understanding (MOU) with CHEC Port City Colombo to develop …
Kandy tourism and property to benefit from new highway
By Lanka Property Web Kandy, located in the central province of Sri Lanka was the last kingdom of the Sri Lankan monarchy. The name Kandy is derived from the …
Talking Resilient Infrastructure – Sharing and Learning Best Practices from the Region
Two delegations representing Sri Lanka from the Ministry of Megapolis and Western Development and Ministry of Mahaweli Development and Environment took part in …