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From left: Asia Capital Chairman Paul Ratnayeke, PWA Head Architect Phillip Weeraratne, Asia Capital Director Toshiaki Tanaka, Sanken Construction Managing Director Ranjith Gunatilleke and Asia Capital Director/CEO Stefan Abeyesinhe
The event to commemorate the unveiling of the ‘447 Luna Tower’ display model took place in partnership with Jaguar Land Rover.
Developers of luxury condominium ‘447 Luna Tower,’ Belluna Co. Ltd. Japan, in collaboration with Asia Capital PLC, recently unveiled the display model at an exclusive cocktail evening held at the Jaguar Land Rover Showroom.
The event was well-attended by VIP invitees from both Asia Capital PLC and Jaguar Land Rover, as well as owners of the recently launched condominium project and other distinguished guests.
Following an introductory speech into the crux of 447 Luna Tower’s lifestyle concept and its design aesthetics by PWA Architects Head Architect Phillip Weeraratne, the display model was ceremoniously unveiled by Asia Capital PLC Chairman Paul Ratnayeke, Asia Capital PLC Director Toshiaki Tanaka and Weeraratne, to the captivated attendees.
The model will remain at the Jaguar Land Rover showroom located at Flower Road, Colombo 3 for public viewing.
The $50 million (approx. Rs. 7.3 billion) project, aptly named after its address – 447, Union Place – offers 190 elegantly-styled apartments, constructed within a 44-storey building, The project broke ground in October 2016; piling was completed in April this year; and construction is on track; the condominium is scheduled to be completed in the second quarter of 2020.
It is poised to be the only condominium at the heart of the city to strike a perfect balance between elegant design and luxury living, offered at a convenient location and competitive price. Apartments are priced from Rs. 37 million upward offering the option of two, three and four bedroom units. 447 Luna Tower is the first of many projects undertaken through Belluna Co. Ltd., Japan and Asia Capital PLC’s partnership.
Belluna Co. Ltd. Japan, a Tokyo Stock Exchange – First Section listed company, is a significant player in the global real estate industry with decades of experience. Belluna Co.’s existing projects span from Myanmar to the USA, including Hollywood and Los Angeles, and now, Sri Lanka.
For Asia Capital PLC, a diversified financial service conglomerate and the largest investment bank to be listed on the Colombo Stock Exchange, this project represents yet another milestone in its history of achievements both in investment banking and property development.
