January 31, 2022

5min0
        In another major milestone for Sri Lanka’s premier real-estate developer, John Keells Properties (JKP) celebrated the completion of the structural work for all three towers of its highly anticipated TRI-ZEN smart residences with a special ‘Topping Off’ ceremony. The event was marked with a private ceremony attended by the senior management […]

January 27, 2022

3min0
        27 January, 2022, Colombo, Sri Lanka – Standard Chartered Sri Lanka has arranged a Senior Secured Syndicated Term Loan Facility amounting to a total of USD 225 Million to Waterfront Properties (Private) Limited, acting as the Sole Mandated Lead Arranger and Bookrunner. The proceeds from the facility were used to refinance […]

January 27, 2022

6min0
CAPE TOWN, South Africa, January 26, 2022/ — Homes & Villas by Marriott International (Marriott.com), Marriott International’s curated and growing collection of premium and luxury whole home rentals, announces today that almost 300 exclusive Cape Town, Johannesburg and Durban homes have been added to the platform, marking the collection’s debut in South Africa. Launched in May […]

January 22, 2022

6min0
Seaton Estates looks to support the growing need for residential housing in the middle to upper segments of the property market along the North Coast of KwaZulu Natal JOHANNESBURG, South Africa, January 21, 2022/ — Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine fund manager, announced today that it has arranged R430 million of mezzanine funding for the […]

January 21, 2022

4min0
        Saturday, 22nd January 2022, COLOMBO; Prime Group, the undisputed leader in real estate has launched the latest in its best of range lands development offerings with ‘Elinor’ in Koswatte, Battaramulla. Prime Lands has a variety of properties in different locations around the country at prices that suit individual needs. ‘Elinor’ is […]

December 26, 2021

10min0
THE BEST OF ASIA DISTINGUISHED IN CELEBRATORY VIRTUAL FINALE OF THE 2021 PROPERTYGURU ASIA PROPERTY AWARDS SERIES    Sinar Mas Land bests nine companies across the region for the coveted title of Best Developer (Asia), one of seven regional wins for Indonesia Country winners from Vietnam, Mainland China, Hong Kong, Singapore, Philippines, Thailand, Cambodia, and […]

December 21, 2021

4min0
      Thornton and Dane Engineering has announced it has been awarded the Rs 1.8 billion contract to build ‘146 Residencies’ – the latest residential development of JAT Property Group (Pvt) Ltd. The Nextventures owned civil engineering company was chosen from five shortlisted bidders to construct the 14-storey edifice at Thalawathugoda, which on completion […]


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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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