Sri Lanka Real Estate Sector Research Highlights

Overview

Key real estate developments could position Sri Lanka as a regional business hub
OBG
plus

Impressive economic growth since 2009 has bolstered Sri Lanka’s property market. More employment opportunities, rising salaries and rapid rural-urban migration have all played a part in the expansion of housing and commercial properties. In recent years, increased investor appetite and a maturing economy have transformed Colombo into a dynamic modern city that still retains a sense of its…

Analysis

Foreign investment in Sri Lankan real estate to be supported by new legislation
OBG
plus

In a bid to inject more foreign capital into the real estate sector and capital markets, amendments have been made to Land (Restrictions on Alienation) Act. Until this change was made, the transfer of title of any land to foreigners, overseas firms or Sri Lanka-incorporated companies with foreign shareholding of over 49% was prohibited by law. However, amendments passed in 2018 have enabled…

Analysis

Sri Lanka's construction sector struggles with securing enough local talent
OBG
plus

Since the end of the three-decade-long armed conflict in 2009, the construction industry has benefitted from rapid economic development. Despite unprecedented development in high-end residential and commercial space, as well as hotel and resort construction, the sector continues to be hampered by worker migration, with many construction professionals and unskilled workers seeking employment…

Interview

Arun Pathak, Managing Director, WelcomHotels Lanka: Interview
OBG
plus

Interview:Arun Pathak How can attitudes towards vertical living be changed, and to what extent can vertical projects address urbanisation-related challenges? ARUN PATHAK: One of the first things that needs to happen is for local communities to feel comfortable with the space, and look forward to all of the benefits associated with vertical projects. Pressure exists in Sri Lankan society, especially…

Chapter

The Report: Sri Lanka 2019: Construction & Real Estate
OBG
plus

While the construction sector witnessed substantial growth in the 24 months leading up to 2018, domestic market forces including a falling rupee, warnings of an asset bubble and political instability have stymied growth of late. However, despite market disruptions, a number of key projects forged ahead in 2018, including Port City Colombo and the Hambantota Industrial Zone. Impressive economic growth…

Country Report

The Report: Sri Lanka 2019
OBG
plus

Sri Lanka’s promising progress with regard to free trade agreements, alongside finance reforms and ambitious growth strategies for manufacturing and ICT, look set to encourage increased foreign direct investment in 2019 – with 2018 having seen the highest levels on record. This should help offset the effects of political and economic volatility, as well at the increasing trade deficit that res

Overview

Government infrastructure projects advance Sri Lanka's construction sector
OBG
plus

Interview

Sumedha Ratnayake, Director-General, Urban Development Authority (UDA) : Interview
OBG
plus

Interview:Sumedha Ratnayake To what extent is Sri Lanka’s economic productivity being impeded by road traffic congestion, and what is being done to alleviate the problem? SUMEDHA RATNAYAKE: Modernising a very old road system is challenging due to the limited space in and around all major cities. Opening a new span of road systems is costly and difficult to complete. This inhibits business,…

Overview

Large construction projects in Sri Lanka move forward despite rising input costs
OBG
plus

Renewed growth in Sri Lanka’s construction industry is being supported by a combination of mega-projects with international partners, strong domestic demand and public investments in infrastructure. Following a slowdown in 2015, the sector is once again enjoying double-digit growth, possessing a strong order book with international investors increasingly present. Still, costs are high and…

Overview

Sri Lanka's changing demographics drive real estate demand
OBG
plus

Consistent income growth, urbanisation, the expansion of both domestic and foreign businesses, and the burgeoning appeal of property as an asset class among local investors have all contributed to the dynamism of Sri Lanka’s real estate sector. Developers have responded to this rising demand by investing in a substantial expansion of supply. The real estate sector’s contribution to GDP…

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Licence or Product Purchase Required

Sri Lanka Real Estate Sector Research Highlights

Featured Sectors in Sri Lanka

Featured Countries in Real Estate

Featured Reports in Sri Lanka

Contact Us