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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.