Vision & Scope
The property arm of the Group consists of the Property Development and Real Estate sectors. The Property Development sector is currently engaged in the development of the “Cinnamon Life” integrated development project and the management of the 18-hole championship standard golf course in Rajawella along with its land bank.
The Real Estate sector includes the property division of Asian Hotels and Properties PLC - the developers of “The Crescat Residencies”, “The Monarch”, “The Emperor”, and the upmarket shopping mall “Crescat Boulevard”. The sector operations also include “K-Zone” malls in Moratuwa and Ja- Ela. Latest residential development, ‘Tri-Zen’ an 891 apartment joint venture residential development project.
Development and sale of residential and commercial properties
Operating the 18 hole champion standard golf course and managing the land bank in Rajawella, Kandy
Renting of commercial office spaces and the management of the Group’s real estate within the city.
Owning and operating the “Crescat Boulevard” mall and “K-Zone” malls in Moratuwa and Ja-Ela