April 7, 2025
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4min14
Prime Lands Residencies PLC, Sri Lanka’s leading real estate developer, has unveiled ‘Tower Amari, signifying the commencement of the third and final phase of the landmark Colombo Border development. The announcement presents the culmination of Prime Residencies visionary urban residential complex set to redefine luxury metropolitan living standards.     Tower Amari follows the successful […]

April 3, 2025
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3min21
Prime Lands Residencies PLC, Sri Lanka’s leading real estate developer, announced the appointment of Senior Professor Sampath Amaratunge as an Independent, Non-Executive Director to the Board. The appointment, resolved by the Board on March 27, 2025, is effective immediately. Prof. Amaratunge brings extensive expertise in economics, governance, and corporate strategy to Prime Lands Residencies PLC, […]

March 27, 2025
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9min10
Industry experts at the Lanka Property Show 2025 expressed confidence in Sri Lanka’s real estate sector, highlighting its potential for growth despite past economic challenges. While factors such as rising interest rates, currency depreciation, and fluctuating taxes previously impacted the market, experts were optimistic that stabilizing interest rates, exchange rates, and tax policies will foster […]

March 26, 2025
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5min23
John Keells Properties in partnership with Amila Kalugalage hosted an exclusive felicitation event at The Residences at Cinnamon Life to honour Maheesh Theekshana, who recently achieved the remarkable milestone of becoming the No. 1 ODI bowler in the world. The event, which brought together Sri Lanka’s National Cricket Team, was an evening of celebration, camaraderie, […]

March 21, 2025
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9min20
Industry experts at the Lanka Property Show 2025 expressed confidence in Sri Lanka’s real estate sector, highlighting its potential for growth despite past economic challenges. While factors such as rising interest rates, currency depreciation, and fluctuating taxes previously impacted the market, experts were optimistic that stabilizing interest rates, exchange rates, and tax policies will foster […]

March 20, 2025
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3min43
John Keells Properties has announced the launch of Phase 3 of VIMAN Ja-Ela, marking another significant milestone in this highly sought-after suburban residential project. Spanning six acres, with more than 60% of the land dedicated to open spaces and amenities, VIMAN Ja-Ela is thoughtfully designed to offer a seamless blend of modern living and nature, […]

March 5, 2025
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7min28
John Keells Properties and Indra Traders hosted an event on the 28th of February 2025 to mark the successful completion of TRI-ZEN, the largest residential development in the heart of Colombo. Situated in Union Place, Colombo 2, TRI-ZEN is an 897-unit apartment complex designed to redefine urban living by seamlessly blending technology, accessibility, and contemporary […]

March 2, 2025
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4min38
Westbury Residencies, a premier residential development on Campbell Avenue (Siri Damma Mawatha), is approaching completion, with 90% of construction finalized and only residual work / minor finishing touches remaining. With all major construction phases successfully completed, the project remains on track for occupancy commencing from March 31, 2025. This achievement underscores the dedication and precision […]

February 23, 2025
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3min25
Ruminda Randeniya, CEO of Prime Lands (Pvt) Ltd, was honoured as the ‘CEO of the Year in Real Estate Sector’ at the prestigious Business Leader of the Year Award ceremony held at Taj Lands End, Mumbai recently. The award, presented by CMO Asia, acknowledged his exceptional leadership and trailblazing contributions to Sri Lanka’s real estate […]

February 6, 2025
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5min38
The Lanka Property Show, Sri Lanka’s premier and largest real estate exhibition, will return for its 9th edition on the 15th and 16th of February 2025 at the Balmoral Hall, The Kingsbury, Colombo, from 10:00 AM to 8:00 PM. Hosted by LankaPropertyWeb, Sri Lanka’s leading online real estate platform, the property show serves as an […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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