Sri Lanka’s best developers are now officially finalists for the second annual PropertyGuru Asia Property Awards (Sri Lanka) competition, which is being held for the very first time in Colombo on 12 July 2018.
More than a dozen companies have been shortlisted for the industry’s highest honours to celebrate excellence in the vibrant Sri Lankan real estate sector, which will be presented during a black-tie gala dinner at the Shangri-La Hotel, Colombo ballroom.
Last year’s Best Developer title holder, Blue Ocean Group of Companies, receives a total of seven nominations in 2018, including multiple nominations for the Best Mid End Condo Development, Best Affordable Condo Development, and Best Condo Interior Design. In 2017 Blue Ocean Group collected two trophies and two commendations at the PropertyGuru Asia Property Awards Grand Final ceremony held in Singapore.
Maga Engineering (Pvt) Limited follows in second place with five nods. Facing off Blue Ocean in several categories for condo projects is boutique developer Capital TRUST Residencies (Pvt.) Ltd. with a total of four nominations, including Best Condo Interior Design.
Other 2018 finalists with multiple nominations include Walkers CML Properties (Private) Limited with four nods, Home Lands Skyline Pvt Ltd with three, and Indocean Developers (Pvt) Ltd with two.
Indocean Developers is the company behind the celebrated architect Moshe Safdie-designed Altair, which has been conceptualised to be one of the tallest residential towers in Sri Lanka. The project is up for Best Luxury Condo Development (Colombo) and Best Luxury Condo Architectural Design.
The company’s director Pradeep Moraes has also been selected as the first-ever Sri Lanka Real Estate Personality of the Year, recognising his contributions to raise standards in the local real estate sector as well as his work as chairman of the Condominium Developers Association of Sri Lanka (CDASL).
The gala dinner in Colombo is shaping up to be one of the biggest industry events of the year, with Sri Lanka’s Megapolis and Western Development Minister Champika Ranawaka confirmed to deliver the keynote address.
Around 300 guests and select members of the press are expected to join the ceremony to witness the historic unveiling of Winners and Highly Commended companies on Sri Lankan shores.
Main category winners from Sri Lanka will later advance to compete in the regional PropertyGuru Asia Property Awards Grand Final, which is being hosted in Bangkok, Thailand for the first time this November.
The 2018 PropertyGuru Asia Property Awards (Sri Lanka) is supported by co-sponsors JLL and OTIS Aitken Spence Elevators; official broadcaster ART Television; official portal partner LankaPropertyWeb.com; official hotel Shangri-La Hotel, Colombo; media partners The Big Issue and PropertyGuru Property Report; and official supervisor BDO Sri Lanka.