Analysing Sri Lanka's Property market, investment options and latest property news in Sri Lanka
Tuesday, 20 October 2015
Kingsbury signs Management Agreement with Platinum Realty
The Kingsbury PLC, the luxury five star city hotel in Colombo, has signed a Management Agreement with Platinum Realty Investments (Private) Ltd to manage its Platinum 1 apartment complex.
Platinum 1 is a 20 storey apartment complex located at No.1, Bagatalle Road, Colombo 3, comprising of 66 apartments plus 4 penthouses. The complex would have other residential amenities on the 4th floor- with a swimming pool, spa, gym, and restaurants.The property would be branded as “Platinum 1 by Kingsbury”, on the theme of “promise of luxury”, catering to the growing demand for luxury serviced apartments in the city of Colombo, the hotel group said.