The PropertyGuru Asia Property Awards (Sri Lanka), the premier industry awards ceremony that will be held for the first time in Colombo in July 2018 at the Shangri-La Hotel, Colombo, is slated to showcase Sri Lanka’s brightest real estate talent and most outstanding property developments, across all asset classes, to a global audience, officials at [...]

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PropertyGuru Asia Property Awards in Colombo

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The PropertyGuru Asia Property Awards (Sri Lanka), the premier industry awards ceremony that will be held for the first time in Colombo in July 2018 at the Shangri-La Hotel, Colombo, is slated to showcase Sri Lanka’s brightest real estate talent and most outstanding property developments, across all asset classes, to a global audience, officials at a recent media conference said.

They said that these awards will be highlighting the tremendous growth prospects and potential that the sector offers and confirming Sri Lanka’s evolving status as an established destination for institutional capital and private investment. “Sri Lanka’s real estate sector is rapidly developing and this underlines JLL’s investment and commitment to the rapidly-growing real estate sector in one of South Asia’s most dynamic markets,” PropertyGuru Asia Property Awards Founder and Managing Director Terry Blackburn told media.

The PropertyGuru Asia Property Awards (Sri Lanka) is part of the regional Asia Property Awards programme established in 2005. With a professionally run awards system supervised by BDO, the world’s fifth largest auditing and accountancy firm, the PropertyGuru Asia Property Awards (Sri Lanka) is the most prestigious real estate event in the country, with top and emerging names in property and related industries celebrating the best developers, projects and design, a media release on the same awards said. “A double event, the much-awaited gala dinner will also honour the finest real estate developers from the Maldives. The awards is a milestone event in the real estate industry calendar and is attended by key decision makers as well as esteemed trade and consumer media.”

From 13 competition categories in 2017, the new edition of the Awards will present more than 20 residential, commercial, design and developer awards, including outstanding development in Colombo, southern Sri Lanka (Galle, Matara, Hambantota), central Sri Lanka (Kandy, Nuwara Eliya, Matale) and north east Sri Lanka (Jaffna, Kilinochchi, Mannar, Mullaitivu, Vavuniya).

“We have expanded our reach this time. We are hopeful that we will have more entries and most of the developers that participated last year are willing to put in entries in terms of the suburban markets and the province. Our expectation is it to be truly Sri Lankan in nature cross geography wise,” Judging Panel Chairman and Paramount Realty Co-Founder and CEO Dr. Nirmala de Silva noted at the media conference.

Nominations are now open for eligible entries and will be accepted until May 11. Site inspections will be conducted from May 22 to June 1, while the official shortlist is to be revealed on June 6.

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