Further to our political update please find attached our asset management update and issues at large in Sri Lanka.

On'ally Holdings, the parent company of unity plaza, builds an ambitious tech ecosystem encompassing retail and office spaces.

Unity Plaza, the iconic commercial building in the heart of Colombo, has undergone a remarkable transformation and will reopen on November 7.

Like Singapore’s ‘Sim Lim’ square, Sri Lanka’s biggest IT HUB will be open in Unity Plaza on the 7th with a new look!

Overall consolidated revenue increased by 202% to LKR 524.1 m | GBP 1.2 m | USD 1.4 m in the quarter ended 30th September 2022 compared with LKR 173.3 m | GBP 0.4 m | USD 0.5 m in the corresponding quarter of the previous year.

W15 Collection is excited and proud to announce our recognition at the BestWeb.lk competition, the premier web design competition in Sri Lanka.

Sri Lanka is going through an unprecedented time of crisis due to economic and political instability. The island nation is grappling with protests, a lack of fuel and gas, and an impending food shortage. Learn about the current political environment and the ongoing situation.

Currently, the island is grappling with an economic and political crisis. The current administration is being pressured by the people for solutions to the shortage of essentials such as gas, fuel and food, and foreign currency.

On’ally Holdings PLC this week appointed four new directors representing the controlling shareholder Lanka Realty Investments PLC (RIL) following the latter’s acquisition of 50.8% stake, or 47.24 million shares, for Rs. 1.42 billion in December 2020.

In Sri Lanka, regardless of your level of tech expertise or enthusiasm, Unity Plaza is the name that comes to mind if you’re looking to make your next IT purchase.

New kid in the real estate industry, Lanka Realty Investments Plc (LRI) yesterday walked the talk of its optimism with a Rs. 2.8 billion takeover move of Colombo 4-located Unity Plaza owning company

An opportunity has emerged for Sri Lanka to attract high quality Foreign Direct Investments (FDIs) in the prevailing COVID-19 backdrop.

An opportunity has emerged for Sri Lanka to attract high quality Foreign Direct Investments (FDI’s) in the prevailing COVID-19 backdrop, says Executive Director, Steradian Capital Investment, Hardy Jamaldeen.

Doubling of tourist arrivals to five million in three years requires Sri Lanka to take some bold and innovative measures apart from effective marketing of a more organised tourism destination, a top expert opined.

Lanka Realty Investments PLC launched its newly-refurbished head office – HQ Colombo – and held cocktails recently at 464A, T. B. Jayah Mawatha, Colombo 10.

Lanka Realty Investments Plc (LRI) has recently concluded the largest-ever acquisition share swap worth Rs. 5.6 billion.

Lanka Realty Investments PLC Board has resolved to acquire six private companies in commercial property, affordable housing, tourism, and leisure sectors, which are related parties through the issue of 149,179,853 ordinary voting shares of the Company via a Share Swap /Private Placement.

Lanka Realty Investments, a Sri Lankan real estate investment and development company, said in a stock exchange filing its rights issue to raise 632 million rupees had been fully subscribed.

Lanka Realty Investments PLC (formerly known as Ascot Holdings PLC) is making a fresh foray with the core vision of becoming the foremost listed real estate investment and development company in Sri Lanka, attracting overseas investors merged with the local retail investors.

Ascot Holdings PLC changes its name to Lanka Realty Investments PLC. Find the attached document which shares the Certificate of Incorporation for Lanka Realty Investments PLC issued by the Registrar-General of Companies.

Foreign investments into listed companies are set to get a big boost following the recent amendment to the Land Restrictions on Alienation Act.

A consortium of local and foreign investors yesterday purchased a significant stake in the property development and hospitality holding company Ascot Holdings PLC (Ascot), as the firm’s two largest shareholders exited.

A near year-long delay in gazetting a 2017 Budget-approved liberalisation move is locking up billions of capital in listed firms and discouraging a higher inflow of foreign investment into the country, according to property sector experts.

AV15, also known as Alexandra Villas, is the latest endeavour by the group operating the trendy W15 beachfront boutique hotel in Weligama. Keeping up to its reputation of providing sophisticated hospitality for the new age traveller, AV15 is its version of contemporary city living.

W15 Weligama is the latest boutique hotel to open in Sri Lanka. It offers 10 exclusive and individually themed bedrooms. Each room has its own unique character and flavour waiting to be discovered and enjoyed by the guests.

Sri Lanka Steradian Capital, a privately owned real estate development and consultancy business, unveiled plans for an apartment complex with an investment of 2.5 billion rupees targeting middle-income young professionals.

Sri Lanka has undergone a tumultuous political upheaval over the course of the last year, and with it, investor confidence in the island nation has been in a state of flux.

The island of Sri Lanka’s capital markets are going through a period of high capital investment. With the end of a 26-year civil war in 2009, the country is opening up tourism, international shipping, international trade and scaling up domestic businesses.

Steradian Capital, a privately owned, real estate development and consultancy business, unveiled its plans for an affordable apartment complex, at a ceremony that was held at the Taj Samudra, Colombo recently.