Property/Construction

CCI seminar on fire risk in buildings a success

Views - 37 Friday, 15 February 2019 00:00

The Chamber of Construction Industry Sri Lanka held a seminar on the fire risk in buildings on 29 January at the Sri Lanka Foundation Institute, Colombo. The seminar had a large participation evidenced from the numerous representative groups who par


A piece of Italy at Serenia Residences in Talpe, Galle

Views - 77 Friday, 15 February 2019 00:00

Serenia Residences, a private collection of 47 beachfront residences, is focusing on unparalleled amenities and boutique hotel-style services at their state-of-the-art residences in Talpe, Galle. Serenia Residences have a sweeping ocean view through


Nippon Paint sparks Sri Lankan edition of Asia Young Designer Awards 2018

Views - 14 Friday, 15 February 2019 00:00

Nippon Paint, one of the largest paint manufacturers in Sri Lanka held the Nippon Paint Asia Young Designer Awards (AYDA) 2018 (Sri Lankan edition) for the third consecutive year in collaboration with the Sri Lanka Institute of Architects (SLIA). The


CIOB introduces ‘Lean Construction Management’ concept to minimise high construction costs

Views - 118 Friday, 15 February 2019 00:00

The Ceylon Institute of Builders (CIOB) has partnered with the South Asian Lean Construction Institute to introduce a new study program on Lean Construction Management especially targeting businessmen and professionals in Sri Lanka’s construction i


Grit Property Group announces relocation to accommodate growth and expansion

Views - 21 Thursday, 14 February 2019 00:00

Grit Property Group announced the relocation of its company office to support the rapid expansion of the business. The new office space is located at 64, Davidson Road, Colombo 4, a high visibility location on Duplication Road. The move was effective


Clearpoint Residencies, a benchmark in residential high-rise developments

Views - 699 Thursday, 14 February 2019 00:00

The smallest apartment at Clearpoint Residencies is 2,300sqft. This was deliberate; as conceptually the idea was to build vertical mansions with their own terraces and gardens. The smallest terraces are 400sqft (combined), while there is 25 linear fe


Kelsey Homes launches Urban Gateway, Kottawa

Views - 58 Thursday, 14 February 2019 00:00

Following the successful launch and rapid progress of three projects, Verdant Villas – Negombo, Urban Heights – Wattalaand Riverside –Bollegala, Kelsey Homes is scheduled to launch their latest project; Urban Gateway in Kottawa. Kottawa is con


Colombo’s skyline becomes home to highest skybridge in South Asia

Views - 1148 Monday, 11 February 2019 00:03

Capitol TwinPeaks, the flagship residential venture of the Sanken Group, located on the Beira lakefront in Colombo 2, recently set a record for the highest sky bridge in South Asia. The remarkable aerial feet of engineering is part of the Rs. 25 bil


Iconic Galaxy’s irresistible offer makes finest residences within easy reach

Views - 43 Monday, 11 February 2019 00:02

Believing that every home buyer should be given an opportunity to enhance his or her lifestyle by helping them customise their cash flows, Iconic Galaxy recently announced a first-of-its-kind, easy financing option for the aspiring home buyer. Valid


Capital Trust Holdings Sri Lanka recognised amongst ‘Asia’s Greatest Brands 2018’

Views - 39 Monday, 11 February 2019 00:02

Capital Trust Holdings Ltd. has received the ‘Asia’s Greatest Brands 2018’ Award in the ‘Diversified’ category. Further, Capital Trust Holdings Ltd. Chairman/CEO Tushan Wickramasinghe has received the ‘Asia’s Greatest Leaders 2018’ Aw


‘Home and Fortunes’ interactive session with Vaastu and Feng shui expert from India

Views - 12 Monday, 11 February 2019 00:01

‘Home and Fortunes – Tips for simple adjustments within the home and office to reap the good tidings in store in 2019’, an interactive session with Vaastu and Feng shui expert from India S.B.S Surendran will be held on 15 February at 6.00 p.m.


The ‘Loft’ Mirissa by Provident Capital completes piling

Views - 58 Thursday, 7 February 2019 01:04

Provident Capital Ltd.’s iconic ocean side holiday home project The ‘Loft’ Mirissa is well on its way for the construction and hand over of its apartments by the third quarter of 2020. The piling undertaken by ATIS Engineering Services Ltd. ha


Real estate investment in Colombo expected to triple in seven years

Views - 145 Thursday, 7 February 2019 01:00

At the close of 2018, as Sri Lanka continued to experience economic and political uncertainty, the real estate industry of the nation continued to experience steady local and international interest within the super luxury (priced at $ 400- 550 per sq


Altair architect Moshe Safdie named Laureate of 2019 Wolf Prize in Architecture

Views - 30 Tuesday, 5 February 2019 00:19

The architect of Altair, Sri Lanka’s paradigmatic high-rise edifice, Moshe Safdie has been named the Laureate in Architecture by the jury committee for the 2019 Wolf Prize, considered the second most important in the world after the Nobel Prize. To


Trade in your land/estate for a brand new apartment or house

Views - 60 Tuesday, 5 February 2019 00:16

Here is your chance to benefit from a first of its kind housing revolution in Sri Lanka from Prime Group, the pioneer in real estate with a remarkable track record of successfully launching new concepts in housing, apartments, marketing, construction


Lanka Property Show 2019 to provide complete property solutions under one roof

Views - 34 Tuesday, 5 February 2019 00:11

Sri Lanka’s flagship real estate event of the year, the Lanka Property Show 2019 will return for the fourth successive instalment, which will be heldon 9and 10 February at The Kingsbury’s Balmoral Hall. The event is organised by LankaPropertyWeb,


“Sri Lanka’s infrastructure growth ideal for REITs”: MTI

Views - 397 Tuesday, 5 February 2019 00:00

Given the recent CSE announcement that REITs will be introduced to Sri Lanka, MTI’s Corporate Finance practice (with regional partners who have REIT expertise) have opined that “Sri Lanka is primed for REITs – given the rapid growth in its infr


ACL Cables powers distribution network with own fleet of vehicles

Views - 18 Thursday, 31 January 2019 00:37

Sri Lanka’s No. 1 cable entity, ACL Cables PLC distributed a total fleet of 48 lorries recently to its entire distributor network islandwide. Eighteen lorries were handed over during the initial phase held several months ago at ACL Cables head off


INSEE Cement drives rebuilding efforts in flood-ravaged north

Views - 23 Thursday, 31 January 2019 00:36

INSEE Cement together with the Divisional Secretariats of Puthukkudiyiruppu, Oddusuddan and District Secretariat of Kilinochchi, supported rebuilding and renovation efforts of the flood-affected Northern Province with the distribution of INSEE Sansth


Serenia Residences hosts intimate ‘Meet the Developer’ this weekend

Views - 43 Thursday, 31 January 2019 00:35

Colombo-based real estate development firm, Serenia Ltd. will host an exclusive event featuring an intimate discussion and a walk-through of the site with the partners and developers of Serenia Residences. The event will take place within the project


CBH Lands appoints Property Finder International as its exclusive real estate agent

Views - 37 Thursday, 31 January 2019 00:33

CBH Lands Ltd., the leading real estate investor and developer in the Kurunegala District, has appointed Property Finder International Ltd., a highly-reputed real estate agency, as an exclusive real estate agent. This landmark relationship means tha


Global steel production hits 1.81 b MT

Views - 13 Thursday, 31 January 2019 00:32

Global crude steel production has reached roughly 1.81 billion metric tons (mt) in 2018, up 4.6% compared to the previous year, said the World Steel Association in its latest report, showing a rate of increase substantially higher than expected level


Groundbreaking ceremony kicks off construction for TRI-ZEN

Views - 550 Wednesday, 30 January 2019 00:20

John Keells Properties celebrated the beginning of construction for its newest development, TRI-ZEN, during a special groundbreaking ceremony on 25 January, held at the site located at Union Place, with additional access from Braybrooke Place.


Future of building envelopes (façades) in Sri Lanka

Views - 535 Wednesday, 30 January 2019 00:13

A ‘façade’ is the external envelope or face of a building which includes pretty much everything above ground level on its external enclosure. These are commonly identified as curtain wall, aluminium or stone cladding, glazing, renders, masonry w


Home Lands inaugurates Anuradhapura branch

Views - 16 Wednesday, 30 January 2019 00:12

With the view of offering well-developed land plots for the housing needs of the people in North Central Province, Home Lands Holding Ltd. launched its newest branch in Anuradhapura, the capital city of the province, on 24 January.


Access Engineering wins 3 awards at National Awards for Construction Excellence 2018

Views - 29 Wednesday, 30 January 2019 00:10

Access Engineering PLC, one of the foremost engineering companies in Sri Lanka, was recognised with Excellence Awards for Construction Performance at the most coveted National Awards for Construction Excellence – 2018, held at BMICH on 20 December


Newest Macktiles showroom opens in Panadura

Views - 16 Wednesday, 30 January 2019 00:01

The newest Macktiles showroom opened at No. 309 Galle Road, Panadura on 4 January 2019. It was opened at 10 a.m. by Macksons Holdings Group Chairman Milfer Makeen with the participation of the Group’s Managing Director Mizver Makeen and members of


Clearpoint Residencies becomes highest-rated green building in Sri Lanka

Views - 227 Friday, 25 January 2019 00:00

Clearpoint Residences, Rajagiriya, has been awarded with the Platinum Rating Certification under the GREEN Rating System for Built Environment, at the Annual Green Building Awards Ceremony 2018 held at Earls Regency Hotel, Kandy last week. This pres


UK house prices make weakest start to year since 2012

Views - 18 Wednesday, 23 January 2019 00:00

London, REUTERS: Asking prices for British property are rising at the slowest pace since 2012 amid ongoing Brexit worries, property website Rightmove said on Monday. Rightmove’s data suggested a continuation of the weakness in British house prices


BOI signs agreement for $ 14.8 m new apartment complex in Colombo 3

Views - 63 Wednesday, 23 January 2019 00:00

The Board of Investment of Sri Lanka (BOI) signed an agreement with HNJ Towers Ltd. to build a mixed development project located at R. A. De Mel Mawatha, Colombo-3. The agreement was signed on behalf of the Board by BOI Chairman Hemasiri Fernando. HN


Today's Columnists

Discipline and freedom under the reign of Gota

Saturday, 23 February 2019

There’s nothing like a well-crafted marketing slogan for a prospective Presidential candidate. Gotabaya Rajapaksa is emerging more clearly into the daylight as the Opposition’s candidate for executive president. Against a redone image in the back


The chainsaw massacre and other ‘lawful’ horror stories

Friday, 22 February 2019

Admit it. The headline hooked you. Hope you won’t be disappointed. There are no gory scenes featuring dismembered limbs here. However you might read about the long arm of the law being truncated. Perhaps a chilling scene where the mask of the murde


What went wrong with Sri Lanka?

Friday, 22 February 2019

If Sri Lanka wants to get out of the present miserable situation, it needs to make a profound change, a paradigm shift in the way it views at everything including the religious, political and economic issues. Such a change could be made only by loo


Regulating foreign workers now a top priority

Friday, 22 February 2019

Sri Lanka is today facing a domestic labour shortage in some key sectors and industries. While demographic, social attitudes, expansion of the economy and outward labour emigration are contributing to the shortfall. Generally a lack of interest in ce


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