Friday 28 September 2018

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

ECONOMYNEXT – Sri Lanka’s Access Realties has got 114.56 perches of prime land in the capital Colombo for 1.1 billion rupees on a 99-year lease, the state information office said in a statement.

The Cabinet of ministers this week approved a proposal by Patali Champika Ranawaka, Minister of Megapolis and Western Development, to lease the land at Mudalige Mawatha, in Union Place, Colombo 2.

Access Realties is the commercial real estate development arm of the Access Engineering construction group.

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