Sep 07, 2017

Country’s best developers of 2017 shortlisted

Sri Lanka’s most outstanding developers will compete in Asia’s most prestigious regional real estate tilt to be held in Singapore this November.

Sri Lanka debuts in the PropertyGuru Asia Property Awards Grand Final with nine shortlisted companies competing in the condominium, residential and commercial categories.

 A full domestic awards programme to be held in Colombo planned for 2018COLOMBO, Sri Lanka – 4 September 2017 PropertyGuru, Asia’s foremost online property company, has named the final shortlist of nominees for the PropertyGuru Asia Property Awards (Sri Lanka) 2017 across the condominium, residential and commercial categories.

Sri Lanka joins the esteemed PropertyGuru Asia Property Awards series for the first time in its 12-year-history as the programme expands to emerging markets this year to recognise Asia’s finest real estate developers.

Leading the finalists are Home Lands Skyline (Pvt) Ltd and Blue Ocean, scoring three places in the shortlist each. Vertical living specialist Home Lands Skyline collects two shortlists in the condo categories, while Blue Ocean, a part of one of the island’s largest conglomerates, takes two Design nods. The two firms are also up for special awards in corporate social responsibility or sustainable development.

Two-time nominees D.P Jayasinghe's and M/S Widac Commercial Interiors (Pvt) Ltd. both earn citations in the office categories.

According to a recent report byJLL Sri Lanka, the market expects a strong demand for Grade-A office spaces as the local government ramps up infrastructure improvement projects as well as interest from foreign investors rises.

In the residential categories, Capital Trust collects two nominations, while Shangri-La, Grand Capital Residencies, BlueMountain, and Balmond Studio round up the shortlist with one nod each.

Under the supervision of BDO, the world’s fifth largest auditing and accounting firm, the nine shortlisted Sri Lankan developers and 12 developments were chosen in the last six months by an independent panel of judges comprising six industry experts,.