News Room

Nov 6, 2023

Unity Plaza to invest Rs. 400 Mn for refurbishment

Unity Plaza, the iconic commercial building in the heart of Colombo, has undergone a remarkable transformation and will reopen on November 7.

Unity Plaza Colombo

Oct 31, 2023

Unity Plaza: The OG Of The Tech Real Estate Market

On'ally Holdings, the parent company of unity plaza, builds an ambitious tech ecosystem encompassing retail and office spaces.

Unity Plaza: The OG Of The Tech Real Estate Market

Aug 31, 2022

W15 Collection expands to Nuwara Eliya, Sri Lanka

W15 Collection has announced the launch of its latest property – W15 Lake Gregory in Nuwara Eliya. It is an exquisitely designed space that is an ode to the past and a uniquely luxurious getaway.

W15 Collection expands with W15 Lake Gregory in Nuwara Eliya

Aug 28, 2022

LRI PLC takes on a new look

Steradian Capital is excited to announce that Lanka Realty Investments PLC, the 3rd largest Real Estate Company in Colombo Stock Exchange seeked a new and fresh look after its recent sucessful takeover of the largest IT-hub in Sri Lanka - Unity Plaza.

LRI PLC takes on a new look

Aug 14, 2022

Steradian Capital Digital Marketing efforts recognized at the BestWeb.lk Awards

W15 Collection, the travel and hospitality arm in Sri Lanka managed by Steradian Capital was recognized at the BestWeb.lk competition, the premier web design competition hosted in Sri Lanka.

Best Web

May 31, 2022

W15 Collection lead by Steradian Capital

SCI introduces W15 Collection as an umbrella brand for the leisure sector. Discover Sri Lanka with exquisitely designed spaces and the quintessential standards of service that are of the highest order.

W15 Collection lead by Steradian Capital

Oct 12, 2021

Sri Lanka - Singapore Business Council promotes Real Estate Investments in Sri Lanka

Hardy Jamaldeen joins as guest speaker on “Real Estate Investment Opportunities in Sri Lanka” hosted by The Sri Lanka - Singapore Business Council of the Ceylon Chamber of Commerce.

Sri Lanka - Singapore Business Council promotes Real Estate Investments in Sri Lanka

Feb 24, 2021

Hardy Jamaldeen appointed MD at On’Ally Holdings

On’Ally Holdings Plc, the owners of popular ICT products hub Unity Plaza, appoints Hardy Jamaldeen as the Managing Director of the company.

Hisham Jamaldeen appointed MD at On’Ally Holdings

Feb 4, 2021

On’ally Holdings gets 4 directors from new controlling shareholder

On’ally Holdings PLC appoints four new directors representing the controlling shareholder Lanka Realty Investments PLC (RIL) following the acquisition.

On’ally Holdings gets 4 directors from new controlling shareholder

Dec 19, 2020

Unity Plaza to become Sim Lim Square of Sri Lanka

LRI makes strategic acquisition cum takeover of On’ally Holdings, the owners of Unity Plaza with plans to transform the premises.

Unity Plaza to become Sim Lim Square of Sri Lanka

Dec 2, 2020

LRI gets bullish with Rs. 2.8 Billion takeover move of Unity Plaza owner On’ally Holdings

SCI is proud to announce Lanka Realty Investments Plc arrival in the real estate industry with Rs. 2.8 billion takeover move.

Unity Plaza Sri Lanka

Jul 13, 2020

Chance to grab high quality FDI amid Covid-19 backdrop

An opportunity has emerged for Sri Lanka to attract high quality Foreign Direct Investments (FDI’s) in the prevailing COVID-19 backdrop, says Executive Director, Steradian Capital Investment, Hardy Jamaldeen.

Article  - Chance to grab high quality FDI amid Covid-19 backdrop

Oct 9, 2019

Lanka Realty Investments launches HQ Colombo

Lanka Realty Investments PLC launched its newly-refurbished head office – HQ Colombo – and held cocktails recently at 464A, T. B. Jayah Mawatha, Colombo 10. The property comprises eight floors of high-end office space. – Pix by Ruwan Walpola

Lanka Realty Investments launches HQ Colombo

Aug 25, 2019

LRI - Conclusion of Largest Share Swap

Lanka Realty Investments Plc (LRI) has recently concluded the largest-ever acquisition share swap worth Rs. 5.6 billion.

LRI - Conclusion of Largest Share Swap

May 8, 2019

LRI to buy six related private companies for Rs. 5.6 b

Lanka Realty Investments PLC Board has resolved to acquire six private companies in commercial property, affordable housing, tourism, and leisure sectors, which are related parties through the issue of 149,179,853 ordinary voting shares of the Company via a Share Swap /Private Placement.

LRI to buy six related private companies for Rs. 5.6 b

Feb 5, 2019

Achieving 5mn tourists by 2020

Doubling of tourist arrivals to five million in three years requires Sri Lanka to take some bold and innovative measures apart from effective marketing of a more organised tourism destination, a top expert opined.

Achieving 5mn tourists by 2020

Oct 9, 2018

LKR 632m Rights Issue

Lanka Realty Investments, a Sri Lankan real estate investment and development company, said in a stock exchange filing its rights issue to raise 632 million rupees had been fully subscribed.

LKR 632m Rights Issue

Oct 3, 2018

Lanka Realty Investments debuts

Lanka Realty Investments PLC (formerly known as Ascot Holdings PLC) is making a fresh foray with the core vision of becoming the foremost listed real estate investment and development company in Sri Lanka, attracting overseas investors merged with the local retail investors.

Lanka Realty Investments debuts

Sep 17, 2018

Big boost for foreign investment into listed companies

Foreign investments into listed companies are set to get a big boost following the recent amendment to the Land Restrictions on Alienation Act in Sri Lanka.

Big boost for foreign investment into listed companies

Oct 22, 2017

Delay in 2017 Budget move locks billions of capital in listed firms

A near year-long delay in gazetting a 2017 Budget-approved liberalisation move is locking up billions of capital in listed firms and discouraging a higher inflow of foreign investment into the country, according to property sector experts.

Delay in 2017 Budget move locks billions of capital in listed firms

Oct 14, 2017

Local-foreign consortium buys 45% stake in Ascot for Rs 241mn

A consortium of local and foreign investors yesterday purchased a significant stake in the property development and hospitality holding company Ascot Holdings PLC (Ascot), as the firm’s two largest shareholders exited.

Local-foreign consortium buys 45% stake in Ascot for Rs.241mn

Oct 18, 2016

AV15: Contemporary city living

AV15, also known as Alexandra Villas, is the latest endeavour by the group operating the trendy W15 beachfront boutique hotel in Weligama. Keeping up to its reputation of providing sophisticated hospitality for the new age traveller, AV15 is its version of contemporary city living.

AV15: Contemporary city living

Dec 22, 2015

Latest boutique hotel W15 Weligama to wow guests

W15 Weligama is the latest boutique hotel to open in Sri Lanka. It offers 10 exclusive and individually themed bedrooms. Each room has its own unique character and flavour waiting to be discovered and enjoyed by the guests.

Latest boutique hotel W15 Weligama to wow guests

Dec 8, 2015

Mulberry Residence to transform skylines of Colombo

Steradian Capital, a privately owned, real estate development and consultancy business, unveiled its plans for an affordable apartment complex, at a ceremony that was held at the Taj Samudra, Colombo recently.

Mulberry Residence to transform skylines of Colombo

Dec 3, 2015

Rs 2.5bn Mulberry residence for young professionals

Sri Lanka Steradian Capital, a privately owned real estate development and consultancy business, unveiled plans for an apartment complex with an investment of 2.5 billion rupees targeting middle-income young professionals.

Rs 2.5bn Mulberry residence for young professionals

Nov 10, 2015

Steradian Capital on the march to serve real estate boom

Sri Lanka has undergone a tumultuous political upheaval over the course of the last year, and with it, investor confidence in the island nation has been in a state of flux.

Steradian Capital on the march to serve real estate boom

Feb 27, 2014

Real Estate Gems in Sri Lanka with Steradian Capital

The island of Sri Lanka’s capital markets are going through a period of high capital investment. With the end of a 26-year civil war in 2009, the country is opening up tourism, international shipping, international trade and scaling up domestic businesses.

Forbes Real Estate Gems In Sri Lanka With Steradian Capital