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Monday November 9th, 2026
Construction and Real Estate

Sri Lanka to lease Kelaniya land to Storight Logistics

Sri Lanka Land Development Corporation plot to be leased to newly established company Storight Logistics (Pvt) Ltd

July 17, 2024 1 min read

Sri Lanka Kelaniya land for BoI housing project

Sri Lanka Land Development Corporation to provide land for BoI housing project to H M K Property Developers

July 16, 2024 1 min read

Free hold land grants blocked 20-years ago by Sri Lanka court decision: President

“Urumaya” Program was implemented in 2002 and 2003 but was halted by a court decision, Wickremesinghe says

July 15, 2024 1 min read

Sri Lanka UDA leases Kollupitiya land to Expo Property Developers

Urban Development Authority to lease 52-perch land at Kollupitiya to Expo Property Developers (Pvt) for housing project

July 12, 2024 1 min read
Sri Lanka to meet investors ahead of Canwill Holdings sale

The Pre-EOI Meeting will be held virtually on January 21 at 12 pm (Sri Lanka time).

Sri Lanka planning to re-start Krrish tower, stalled eyesores

These include the Destiny Mall & Residency project in Slave Island with Pakistani investment, Kumudu Lal said.

China Port City awaits Sri Lanka incentives, laws, to sell land

Sri Lanka's CHEC Port City (Pvt) Ltd, which has reclaimed 369 hectares of sea to build a brand new city expanding the is...

January 16, 2019 3 min read

China firm completes Sri Lanka Port City sea reclamation for US$700mn

CHEC Port City Colombo (Pvt) Ltd, a unit of China's CCCC group has completed reclaiming 269 hectares of sea off Sri Lank...

January 16, 2019 2 min read

Sri Lanka cement use flat in 2018, but pick up in September

Sri Lanka's cement production was down 3.2 percent to 2.086 million tonnes in the first nine months of the year and impo...

January 8, 2019 1 min read

Sri Lanka's Horton Place to see US$5mn serviced apartment

A 5.17 million US dollar serviced apartment will be build in Horton Place, an upmarket suburb in Sri Lanka's capital Col...

January 1, 2019 1 min read

PropertyGuru gets US$145mn in funding, KKR among investors

ECONOMYNEXT - PropertyGuru, a Singapore-based online property portal, said it has secured S$200 million (about US$145 mi...

November 1, 2018 1 min read

Sri Lankan developers say property market survived bubble fears

A prophesied collapse in Sri Lanka’s property market has not happened with industry fundamentals still strong, th...

October 30, 2018 2 min read

Sri Lanka’s LVL Energy diversifies into solar power with 7 plants

ECONOMYNEXT – LVL Energy Fund plans to diversify into solar power with seven new plants in Sri Lanka, adding tota...

October 29, 2018 2 min read

Sri Lanka to buy deep sea sand dredger to meet building demand

ECONOMYNEXT – Sri Lanka is to buy a deep sea sand dredger to meet growing demand from the construction industry f...

October 26, 2018 1 min read

Land prices in Sri Lanka’s Colombo district up 16-pct in first half

ECONOMYNEXT – Land prices in Sri Lanka’s Colombo district, where the capital is, rose over 16 percent in t...

October 25, 2018 2 min read

Sri Lankan realty firm’s rights issue fully subscribed

ECONOMYNEXT - Lanka Realty Investments, a Sri Lankan real estate investment and development company, said in a stock exc...

October 10, 2018 2 min read
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Sri Lanka paves first road with plastic waste

Sri Lanka has surfaced the first road with asphalt mixed with non-recyclable plastic waste, in a suburb of the capital u...

October 3, 2018 2 min read

Access Realties leases prime land in Sri Lankan capital for Rs1.1bn

Sri Lanka’s Access Realties has got 114.56 perches of prime land in the capital Colombo for 1.1 billion rupees on...

September 20, 2018 1 min read

Iconic eyes middle market housing in Sri Lanka

Iconic Development, a property developer which had been playing high end apartment space says it is eyeing multiple smal...

September 18, 2018 2 min read

Sri Lanka ‘Port City’ marine construction work over by mid-2019

Marine engineering work on a ‘Port City’ reclamation project funded by China next to Sri Lanka’s Col...

September 14, 2018 2 min read

Sri Lanka 'eLand Registry' to expand islandwide

ECONOMYNEXT – Sri Lanka plans to expand its new digital land registry islandwide with the aim of speeding up prop...

September 12, 2018 1 min read

Millennium to invest Rs5bn in Sri Lanka affordable housing, luxury apartment

ECONOMYNEXT - Sri Lanka's Millennium Housing Developers Plc, a publicly traded company said it was investing 5 billion r...

September 7, 2018 3 min read

Going concern doubts over Sri Lankan cable firm's Kenyan unit

ECONOMYNEXT- The Kenyan operations of Sri Lankan cable manufacturer Sierra Cables Plc were disrupted due to elections an...

September 3, 2018 3 min read

Sri Lanka flood control canal deal to Korea venture

Sri Lanka has awarded a contract to widen a canal in the capital Colombo to control floods to a consortium led by SK Eng...

August 30, 2018 1 min read

Sri Lanka's RIL Property seeks further diversification

ECONOMYNEXT- Sri Lankan commercial real estate developer RIL Property Plc will be further diversifying its investments, ...

August 28, 2018 2 min read

Sri Lanka to fast track payments to contractors, amend procurement rules

Sri Lanka will fast-track outstanding payments to suppliers and revise procurement rules, the Prime Minister Ranil Wickr...

August 27, 2018 2 min read