‘Sri Lanka’s real estate regains momentum’ | Page 2 | Sunday Observer

‘Sri Lanka’s real estate regains momentum’

21 July, 2019
Rohith Dissanayake
Rohith Dissanayake

Following recent marketing efforts by industry leaders as well as by the Sri Lanka Tourism Board Authority (SLTBA), Sri Lanka’s many affected industries, including tourism, real estate and construction have begun to see a slow regain in momentum.

Following on from the recent terror attacks, several industries, alongside travel and tourism, namely real estate and construction, aviation, and several more were severely affected with a notable decline in enquiries and sales, locally and internationally.

Director Sales and Marketing, Capitol TwinPeaks, Rohith Dissanayake said, “Following recent incidents, Sri Lanka has faced a considerable decline in interest and sales not just in real estate, but within several industries. However, with the international community, local industry leaders and Sri Lanka authorities banding together to ensure safety and continuity of business, we have begun to see the start of Sri Lanka’s rise again”. Properties particularly in the Colombo 1 and 2 area are expected to yield higher investment returns.