Property/Construction

SLIIT secures prestigious win showcasing design excellence of architecture students

Views - 28 Thursday, 1 August 2019 00:00

SLIIT School of Architecture students showcased their talents winning the ‘Chetty Beach Front Development Design Competition’ recently. The competition hosted by the Northern Province Governor’s Office, required the architecture students to des


Building safer and more liveable cities with smart solutions

Views - 59 Thursday, 1 August 2019 00:00

The population concentration in Sri Lankan cities has accelerated in recent years. A recent report revealed that cities such as Anuradhapura, Badulla, Colombo, Galle, and Jaffna have expanded greatly since the 1990s1. Naturally, along with this grow


Colombo 1, 2 and 3 property owners expected to reap large returns during Phase 1 of Port City

Views - 193 Thursday, 1 August 2019 00:00

As the construction of Port City continues, alongside present Colombo’s skyline – commercial property owners and investors of Colombo 1; and luxury property owners and investors of Colombo 2 and 3 are expected to reap higher capital gains and ren


INSEE Cement launches Sustainability Report 2018

Views - 83 Thursday, 25 July 2019 00:43

INSEE Cement Sri Lanka launched its Global Reporting Initiative (GRI) Sustainability Report 2018 earlier this week showcasing the company’s ongoing efforts towards improving its performances, production processes, efficiency, and multiple community


First international standard for passenger lifts just published

Views - 19 Thursday, 25 July 2019 00:42

There are hundreds of thousands of goods and passenger lifts in use at any given moment around the world, safely transporting us up and down buildings thanks to some pretty rigorous standards. But the national or regional rules and regulations that a


ComBank launches ‘Home Loans Fiesta’ with lower interest rates, discounts

Views - 23 Wednesday, 24 July 2019 00:00

The Commercial Bank of Ceylon has announced a limited duration reduction in the interest rates applicable to the bank’s home loans along with fast-tracked approvals and discounts from selected suppliers of materials and fittings. The return of the


D.P. Jayasinghe Piling completes Tri-Zen’s piling work ahead of schedule

Views - 48 Wednesday, 24 July 2019 00:00

D.P. Jayasinghe Piling Co. Ltd. showcased their dynamic expertise in the field of pile construction through successful completion of the piling project of Tri-Zen project, ahead of the schedule. Tri-Zen is a 53 storied 3 towers residence construction


Tokyo Cement shares expertise in mass concreting with society of structural engineers

Views - 46 Wednesday, 24 July 2019 00:00

Tokyo Cement Group is a longstanding industry partner of the Society of Structural Engineers of Sri Lanka (SSE-SL). The affiliation, between the two stalwart supporters of the construction industry is aimed at facilitating experience sharing and know


Kelsey Homes partners HNB to provide aspiring homeowners with loans up to 75% of property value

Views - 52 Wednesday, 24 July 2019 00:00

Pioneering real estate developer, Kelsey Homes, recently partnered with HNB, to offer aspiring homeowners with special loans, of up to 75% on – Urban Heights, Wattala and up to 70% on Verdant Villas, Negombo. A well-thought out and planned home loa


NVC ranks first in lighting industry for 8th consecutive year

Views - 27 Tuesday, 23 July 2019 00:00

The 16th World Brand Conference sponsor by the World Brand Lab was held in Beijing in 2019 has released the analysis report of ‘China’s 500 Most Valuable Brands,’ representing the highest level of national branding in China. In this annual repo


Stax branded for Best Office Interior by Asia Pacific Property Awards

Views - 483 Tuesday, 23 July 2019 00:00

Stax Inc., Sri Lanka’s leading management consulting firm, recently bagged the prestigious Five Star Award for the Best Office Interior in Sri Lanka under the popular Asia Pacific Property Awards. Designed by one of Sri Lanka’s leading fully fled


Marina Square takes tax-free real estate investments to Polonnaruwa

Views - 196 Tuesday, 23 July 2019 00:00

Marina Square, Uptown Colombo held a special event together with Hatton National Bank (HNB) to launch their latest tax-free real estate investment campaign in the ancient kingdom of Polonnaruwa. The event took place at the Hotel Araliya, Polonnaruwa


Pership EAL contemporary container homes for any terrain and any lifestyle

Views - 91 Tuesday, 23 July 2019 00:00

Pership EAL is a unique concept of converting shipping containers into contemporary living spaces (living and commercial buildings) and the ideal solution in achieving the desired level of creativity whilst caring for the environment and wallet. Bui


RIU concludes yet another international investor forum in UK

Views - 124 Tuesday, 23 July 2019 00:00

Research Intelligence Unit (RIU) successfully concluded its prestigious investor forum in the UK in association with the Sri Lankan High Commission in London. Under the theme of ‘Bounce Back Stronger’, it was an effort to rebuild confidence among


Sapphire Residences achieves major milestone at Galle Face

Views - 855 Monday, 22 July 2019 00:14

WelcomHotels Lanka, the developer of the iconic Sapphire Residences, has announced that construction has peaked at the 50th floor,marking it as major milestone. “This momentous milestone marks the crowning of the residential tower,” commented We


Norwegian Embassy first to take up residence at new creative space, The Veranda Offices

Views - 51 Friday, 19 July 2019 00:00

The Norwegian Embassy recently signed up with Moot Manor Ltd., becoming the first occupants of the soon to be completed M2M Veranda Offices in Colombo 2. The Ambassador and the First Secretary of the Norwegian Embassy visited the site of M2M Veranda


Serenia Residences delivers exquisite interior finishes with completion in December

Views - 227 Friday, 19 July 2019 00:00

Serenia Residences, a beachfront development along the ‘Golden Mile’ in Talpe, Galle is to-date the only southern coastal development to deliver on its promise and complete its construction on schedule. “Since the construction launch in Octobe


Award-winning TruSens room air purifiers launched by Thef:;llstop

Views - 29 Friday, 19 July 2019 00:00

A range of innovative and advanced room air purifiers from the 2019 Red Dot Design Award winning TruSens range from the USA has been launched in Sri Lanka by Thef:;llstop, the country’s only specialist in fine stationery and office products from le


Sampath promotes Sevana Housing Loan Scheme with array of repayment options

Views - 22 Friday, 19 July 2019 00:00

Sampath Bank, the growing force in Sri Lankan financial services, recently announced the launch of their all new Sampath Sevana housing loan scheme. Featuring many unique characteristics in comparison to offerings from their competitors, the Sevana


Self-powered housing model for low-income families

Views - 54 Wednesday, 17 July 2019 00:00

The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, signed a Memorandum of Understanding (MoU) with the University of Moratuwa, Sri Lanka on Monday to collaborate and introduce a self- powered housing model for low


Sri Lanka real estate regains momentum with international and expat markets

Views - 117 Wednesday, 17 July 2019 00:00

Following recent marketing efforts by industry leaders as well as by the Sri Lanka Tourism Board Authority (SLTBA), Sri Lanka’s many affected industries including tourism, real estate and construction have begun to see a slow regain in momentum. Fo


Evercore’s apartment The Mount wins international award

Views - 58 Wednesday, 17 July 2019 00:00

The exclusive condominium projectThe Mount (www.themount.lk) by Evercore PropertiesLtd. emerged as the winner of the Best Apartment/Condominium in Sri Lanka at the Asia Pacific Property Awards 2019-2020 held recently at the Marriot Marquis Queen’s


Global construction aggregates market set to hit $623b by 2029

Views - 38 Wednesday, 17 July 2019 00:00

The global construction aggregates market was pegged at more than $331 billion in terms of value at the end of 2019, and is set to hit nearly $623 billion in the next 10 years growing at a compound annual growth rate (CAGR) of 6%, according to a repo


Aster Residencies Nugegoda nears completion

Views - 176 Thursday, 11 July 2019 00:34

Aster Residencies Ltd. announced the completion of the building structure of its flagship residential project in Nugegoda, the 10-storey Aster Residencies. Located in the tranquil environs of Poorwarama Road, Nugegoda, the building is scheduled to be


British billionaire Dyson snaps up Singapore’s priciest penthouse

Views - 31 Thursday, 11 July 2019 00:30

SINGAPORE (Reuters): British billionaire and inventor of the bagless vacuum cleaner James Dyson has bought the most expensive apartment in Singapore, where his company plans to build an electric car. The three-storey “super penthouse” at the top


ICC gears up to handover to owners 336 units of its overnight successful ‘Mount Clifford Range’

Views - 134 Thursday, 11 July 2019 00:29

Premier multi-sector general contractor, the International Construction Consortium’s (ICC) unique housing development project ‘Mount Clifford Range,’ Homagama stands tall in Sri Lanka’s real estate space as an affirmative success story with a


Innovative ‘Smart Life’ solution from Sala

Views - 85 Tuesday, 9 July 2019 00:00

With futuristic innovation as its hallmark, Sala Enterprises announced ambitious plans to introduce to the Sri Lankan market the first-ever, ground-breaking new app that ‘controls your home from anywhere in the world’. The inspiring, state-of-the


Mid-rise building in Gregory’s Road, Colombo 7

Views - 125 Tuesday, 9 July 2019 00:00

In today’s fast-moving world, businesses and organisations alike seek out lucrative and attractive spaces that are located in central areas and easily accessible to their clients. Introducing the five-storey commercial building at 67A, Gregory’s


Construction giant Edward & Christie celebrates 40th anniversary

Views - 158 Tuesday, 9 July 2019 00:00

Edward & Christie the trusted name in the construction industry in Sri Lanka celebrated its 40th anniversary at Water’s Edge Battaramulla with pomp and grander on 21 June. The company also announced its plans to expand into the aviation industry by


Sri Lanka pavilion at 22nd International Architectural and Design Exhibition in Milano

Views - 25 Tuesday, 9 July 2019 00:00

A Sri Lanka Pavilion is in display at the 22nd International Architecture and Design Exhibition which is being held at the Museum of Modern Art at Triennale di Milano, in Milan, Italy. The theme of the exhibition is ‘Broken Nature: Design Takes on


Today's Columnists

Elpitiya test market: Implications for brands Gota and Sajith

Wednesday, 23 October 2019

In the traditional world of marketing, we tend to test market a product before going national with it. There are three test marketing areas that are normally selected by FMCG companies - Gampaha, Kandy and Negombo. The logic behind this is that the c


An efficient energy sector for economic growth

Tuesday, 22 October 2019

When I saw the advertisement about an Energy Forum organised by PUCSL for a Policy Dialogue on the importance of an efficient energy sector for economic and investment growth, I was very happy as I have been interested in this relationship for more t


Will the rule of law, ethics, and morality be above family rule and crony rule?

Tuesday, 22 October 2019

The two main contenders for the Presidency of Sri Lanka are Gotabaya Rajapaksa and Sajith Premadasa. That is stating the obvious. No doubt, some others may have a limited impact on the outcome. Minority votes may benefit Premadasa, while the Sinhala


Addressing past harm

Tuesday, 22 October 2019

The approach towards an inclusive and equal society, where all human beings are to be treated equally before the eye of law and every human being should have the right to remedy for the harm done to them, seems nothing but a façade when our memories


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