Property/Construction

Cutting-edge Construction Research Centre opens in heart of Colombo

Views - 20 Monday, 20 August 2018 00:00

Tokyo Cement Group declared open their newly upgraded Construction Research Centre as an independent laboratory to cater to concrete and cement testing requirements of the industry.


Construct 2018 Exhibition

Views - 38 Monday, 20 August 2018 00:00

The 18th edition of Sri Lanka’s largest, most successful and prestigious construction exhibition, Construct 2018 will be held from 24-26 August at the Sirimavo Bandaranaike Memorial International Exhibition Centre.


Promise of real estate investment made true by CBH Lands

Views - 38 Monday, 20 August 2018 00:00

Land as an asset has been valued for centuries. Property ownership is seen as a social status marker as well as a secure investment at times of need. Real estate is increasingly becoming the most attractive investment option, as the land value contin


Fairway enters Kurunegala

Views - 107 Monday, 20 August 2018 00:00

Fairway Holdings’ second venture out of Colombo was inaugurated with the ground-breaking ceremony for ‘Fairway Kurunegala’, a proposed mixed development building project, which took place on 16 August at the picturesque project site in Kurunega


Sri Lanka becomes a key market for latest concrete product machinery

Views - 33 Friday, 17 August 2018 00:10

Sri Lanka has become a key market for global players to show case a wide range of latest concrete product machinery, asphalt plant and red brick machinery. The choice is aplenty and the myriad of products ha


SLIA announces Architect 2019

Views - 23 Friday, 17 August 2018 00:10

The Sri Lanka Institute of Architects (SLIA) on Friday announced the launch of ‘Architect 2019’ with the felicitation of stall holders from last year. ‘Architect 2019’, the annual architecture trade exhibition since its inception has transiti


Alumex breaks new ground to boost aluminium business

Views - 22 Friday, 17 August 2018 00:10

Aluminium extrusions producer, Alumex, recently unveiled the country’ first fully automated, front-loading aluminium extrusion plant and South Asia’s first vertical powder coating facility with patented SAT Travisan CUBE Technology in Ekala, Ja-E


European Union and UN-Habitat launch book on owner-driven housing reconstruction in Sri Lanka

Views - 94 Friday, 17 August 2018 00:10

The European Union (EU) and UN-Habitat have launched a book titled ‘Building, Owning and Belonging’ about owner-driven housing reconstruction, featuring lessons learnt and good practises from the last three decades til


Vienna tops Melbourne as world’s most liveable city: Economist survey

Views - 19 Wednesday, 15 August 2018 00:10

VIENNA (Reuters): Vienna has dislodged Melbourne for the first time at the top of the Economist Intelligence Unit’s Global Liveability Index, strengthening the Austrian capital’s claim to being the world’s most pleasant city to live in.


Alumex signs on as platinum sponsor of 18th Annual Construct Exhibition

Views - 9 Wednesday, 15 August 2018 00:10

Sri Lanka’s premier integrated manufacturer of aluminium extrusions, Alumex Plc, announced that it had once again signed on to serve as a Platinum Sponsor for the 18th annual Construct Exhibition 2018, taking place from 24-26 August at the BMICH.


Condominium Developers Association appoints office-bearers for 2018-19

Views - 25 Wednesday, 15 August 2018 00:10

The Condominium Developers Association of Sri Lanka (CDASL), which represents all the leading companies in the sector, has announced the appointment of new office-bearers and members of the Executive Com


KPMG Real Estate Report to attract more foreign investment

Views - 349 Tuesday, 14 August 2018 00:00

By Maleesha Sulthanagoda KPMG in Sri Lanka, last week launched its very first real estate report of Sri Lanka’s real estate industry, targeted towards foreign investors, called, ‘Paradise Island – Luxury Living in the tropics’. Industry prof


UltraTech Cement steps forward as Principal Sponsor for CTBUH Colombo Forum

Views - 16 Tuesday, 14 August 2018 00:00

UltraTech Cement Lanka Ltd., a part of the Aditya Birla Group, facilitated the Council on Tall Buildings and Urban Habitat Sri Lanka (CTBUH) Colombo Forum 2018 which was held recently at the Cinnamon Lakeside Hotel by being the principal sponsor. The


Idea Group of Companies’ sivilima.lk wins Most Popular Website award at ‘Best Web – 2018’

Views - 10 Tuesday, 14 August 2018 00:00

The official website of the Idea Group, ‘sivilima.lk’ was recently recognised as the most popular website in the ‘advertising and marketing’ category at the eighth edition for the ‘Best Web – 2018’ awards. The website also clinched the


First estate worker houses built under Indian Housing Project handed over

Views - 15 Tuesday, 14 August 2018 00:00

The first lot of houses built under the Indian Housing Project in Plantation Areas was handed over to the beneficiaries of the housing project at a special ceremony held yesterday at Dunsinane Estate in Punduloya in the Nuwara Eliya District. Indian


Oceanfront Condominiums Nilaveli exceeds expectations

Views - 28 Friday, 10 August 2018 00:10

End last year, International Construction Consortium Ltd. (ICC) handed over the keys to Sri Lanka’s first ever beach-front, serviced, luxury, leisure apartments, Oceanfront Condominiums Nilaveli. The benefits to owning an apartment versus a residen


INSEE Cement partners with NEDA and NAITA

Views - 11 Friday, 10 August 2018 00:10

INSEE Cement has signed a momentous tripartite agreement with the National Enterprise Development Authority (NEDA) and the National Apprentice and Industrial Training Authority (NAITA) on 2 August, to launch Sri Lanka’s pioneering certified skill a


Tamba Villas the upcoming idyllic property development near Galle

Views - 48 Friday, 10 August 2018 00:10

Foreigners being able to buy free hold real estate in Sri Lanka again is a great news for foreign investors,” says Eduard Hempel of Tamba Villas in Thalpe, the new and upcoming idyllic property development near


‘The Lanka Property Show’ returns with more property and real estate deals for investors

Views - 15 Friday, 10 August 2018 00:10

LankaPropertyWeb (LPW) (www.lankapropertyweb.com) is to host the The Lanka Property Show on 18 and 19 August, at the Galadari Hotel’s Main Ballroom. The event is Sri Lanka’s largest property show, attracting the country’s most renowned property


Mandarina Colombo wins Best Hotel Development Award 2018

Views - 13 Tuesday, 7 August 2018 00:00

Mandarina Colombo, the 80-room business hotel owned and managed by Macksons Properties Ltd., won the real estate industry’s highest honour when it clinched the Best Hotel Development Award 2018. The annual Asia Property Awards was held for the firs


447 Luna Tower offering convenience and luxury ready for completion by 2020

Views - 29 Tuesday, 7 August 2018 00:00

Colombo has seen a dramatic increase in activity and development, following the ending of the 30-year civil war in 2009. Much of the development has been credited to the real estate sector, which has experienced significant growth in the past five ye


Capital TRUST Residencies launches ELVIN

Views - 20 Tuesday, 7 August 2018 00:00

Capital TRUST Residencies Ltd. launched its latest project, Capital TRUST Residencies - ELVIN in Elvin Place, Nugegoda, bringing a world-class luxury living experience to the popular suburb. The company has successfully completed and issued the deed


Improved infrastructure plays major role in real estate values: JLL Report

Views - 36 Tuesday, 7 August 2018 00:00

With the recent announcement that the much-anticipated Colombo Light Rail Transit (LRT) project is all set to proceed with Phase 1 following the green light from government ministries, there has been widespread speculation on its effect on the price


INSEE-IESL Concrete Challenge 2018 to inculcate innovative mindsets

Views - 16 Thursday, 2 August 2018 00:00

INSEE Cement, Sri Lanka’s foremost cement manufacturer together with Sri Lanka’s premier Engineering professional body, the Institution of Engineers Sri Lanka (IESL) has announced the launch of the INSEE-IESL Concrete Challenge 2018. This program


SLIA holds Architects’ Regional Exhibition at Dutch Market in Nupe, Matara

Views - 12 Thursday, 2 August 2018 00:00

Sri Lanka Institute of Architects (SLIA) held its regional exhibition for the year 2018 at Old Dutch Market in Nupe, Matara from 28 to 30 July. As the first destination from Down South, the event was inaugurated by the Chief Guest Minister of Finan


Tokyo Super + now CIOB Green Mark certified

Views - 14 Thursday, 2 August 2018 00:00

Tokyo Super + Blended Hydraulic Cement from Tokyo Cement Company (Lanka) PLC, has won the prestigious Green Mark certification from the Ceylon Institute of Builders, the apex professional body for the advancement of green building practices in Sri La


Havelock City unveils fourth and final phase of residential towers

Views - 137 Thursday, 2 August 2018 00:00

Havelock City, the largest mixed-use development project undertaken in Sri Lanka, has introduces its fourth and final phase of residential towers to local and international buyers. Phase 4 of Havelock City Residential comprises two new luxury apartm


Asia Property Awards recognises MAGA ONE as Sri Lanka’s ‘Best Office Development’

Views - 369 Monday, 30 July 2018 00:00

MAGA ONE, Sri Lanka’s tallest A-grade office complex built in the new millennium, was recognised with two prestigious awards at the recently concluded PropertyGuru Asia Property Awards, Sri Lanka 2018. Sri Lanka’s growing real estate sector has j


INSEE-IESL Concrete Challenge 2018 to inculcate innovative mindsets

Views - 21 Monday, 30 July 2018 00:00

INSEE Cement, Sri Lanka’s foremost cement manufacturer together with Sri Lanka’s premier Engineering professional body, the Institution of Engineers Sri Lanka (IESL) has announced the launch of the INSEE-IESL Concrete Challenge 2018.


Sri Lanka’s first international mall ready for grand opening

Views - 6466 Monday, 30 July 2018 00:00

The Mall at Colombo City Centre is currently putting on its final touches before opening its doors next month.


Today's Columnists

Identifying traitors: I cannot wait until Dr. Padeniya presents his point scheme

Tuesday, 21 August 2018

Cause for excitement I am excited! A way of identifying and measuring a traitor is soon to be unveiled; by no less than the President of the GMOA! Hasn’t he also qualified in some department of neurology? All the more reason to justify my excitemen


The evils of translocating wild elephants

Tuesday, 21 August 2018

The subject of translocating wild elephants has been a much-debated topic recently, after the Department of Wildlife Conservation (DWLC), acting on the orders of the Minster for Wildlife, wanted to move the only two wild elephants habituating the Sin


Singapore miracle – How SL could benefit from trade with Singapore

Monday, 20 August 2018

According to a media report released by President’s Media Division, a committee of experts has been appointed by the President to examine and report on ‘the practical impact and use of the proposed officer policy guidelines and recommendations on


High NPAs in SME sector: Who is responsible?

Monday, 20 August 2018

Non-Performing Assets (NPAs) of the banking sector have been increasing in the recent past. Gross NPA ratio reached about 3.3% as at end of May2018 recording an increase of about 0.8% over the past five months.


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