The high-end segment of Sri Lanka’s residential real estate sector looks to be heading towards a period of consolidation and flat returns on the back of a sharp increase in supply. Estimates suggest ...

The global pandemic is placing new pressure on the already challenging real estate market conditions in Sri Lanka, nevertheless the most elite luxury real estate projects have recommenced construction ...

Sri Lanka’s leftist government asked former presidents, including the once-powerful Rajapaksa brothers, on Tuesday to immediately vacate luxury government bungalows as part of a new austerity drive.