Colombo City Centre welcomes new CEO Praveen Methil

Thursday, 11 February 2021 00:00 - - {{hitsCtrl.values.hits}}

Praveen Methil

Colombo City Centre, the premier waterfront mixed development project in Sri Lanka, has welcomed a new CEO with the appointment of Praveen Methil, who holds a wealth of experience spanning 24 years in real estate development, mall management and operations, brand building, and new business development and growth strategies, along with a solid track record of success in leading start-ups, turnarounds and rapidly growing companies.

A meticulous 360 degree sales and marketing and brand management practitioner with an eye for detail and hands-on experience in drafting business plans, leasing and retail/mixed asset class development strategies, Praveen has recorded year-on-year success across geographical locations as a take charge, result-oriented and effectual leader.

He is acclaimed for positioning, launching, and operating large multi-million square feet retail, hospitality, residential, and commercial realties in developed as well as emerging markets. His strong functional expertise combined with tenacious commitment to driving top line and bottom line, has made him adept at business development, profit and loss accountability, and commercial and legal management, with key focus being placed on establishing and managing independent profit centres.

Praveen’s breadth of experience covers markets across India and the Middle East, and has served previously as Centre Director at Prozone Intu Properties, Coimbatore, and Phoenix Market City, Chennai; Mantri Developers, Bangalore and Landmark Group, Doha, Qatar.

Armed with a Masters in Human Resources Management from Pondicherry University and a Bachelor of Hotel Management from Mangalore University, Praveen has also served as an integral member of the Business Excellence Committee, and launched several globally reputed Retail and Food and Beverage brands in domestic and international markets.

Colombo City Centre comprises 192 luxury apartments of 2 BR, 3 BR and Penthouses, an international standard shopping mall and an upcoming international hotel set to open in 2021. The Residences offer substantial value appreciation for homeowners and investors, with close proximity to leading schools, hospitals, banks and other services.

From picturesque views to pristine finishing, a multitude of amenities such as shopping, movies, restaurants, supermarkets, healthcare, entertainment, food courts, gaming, and kids’ play areas under one roof and direct access to the Mall’s facilities, the Residences offer all the pleasures of city living without the drawbacks.

The Mall is equipped with a multi-cuisine Food Studio catering to a wide variety of taste buds. The restaurants are prominently located overlooking the serene tranquillity of nature and the Beira Lake. The Sky Lounge is located at an elevating altitude to give the youngsters the perfect opportunity to spend an evening grooving to music with an awe-inspiring view.