Wednesday, 19 May 2010

Sri Lanka Overseas Realty starts expansion drive

Sri Lanka's Overseas Realty Ceylon, a unit of Singapore's Shing Kwan group, is pushing ahead with Colombo's largest property project amid renewed buying interest in apartments after the end of a 30-year war. Overseas Realty owns Colombo's World Trade Centre building which houses the Colombo Stock Exchange and is jointly developing Havelock City, an 18-acre block of land with state-run Bank of Ceylon.

Source: LBO

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