Lee Hedges Plc, a publicly traded company in Sri Lanka, said it will build a Rs2.8 billion multi-storied serviced apartment project in the capital Colombo.
The Board of Directors had formally approved the decision on August 26, the firm said in a stock exchange filing.
"Although there is an increase in the supply of residential apartments, demand for property in a prime location such as ours is likely to be steady," Chairman S R Vamadevan told shareholders in March 2016.
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(Source: Economy Next)
The Board of Directors had formally approved the decision on August 26, the firm said in a stock exchange filing.
"Although there is an increase in the supply of residential apartments, demand for property in a prime location such as ours is likely to be steady," Chairman S R Vamadevan told shareholders in March 2016.
More>>
(Source: Economy Next)
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