ODEL, the premier department store owned and managed by Softlogic Holdings, made two major announcements on Tuesday – taking ‘giant’ space at the proposed Shangri-La mall in Galle Face, Colombo and investing US$105.7 million in its proposed Ward Place development.
ODEL said it was leasing out 54,454 sq feet at “The Mall at One Galle Face” and signed a 5-year lease with Shangri-La Hotels Lanka Pvt Ltd for this purpose. The Shangri-La hotel and mixed development project, on the old army headquarters property, is due to open later this year.
The company also said in the announcement to the Colombo Stock Exchange that it has signed an agreement with the Board of Investment for a mixed development project at its Ward Place property in Colombo. – ENDS -
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Ajith Gallage, the owner of a Bird Park in Nagarawawa, Hambantota, has been remanded over allegations of concealing illegally imported motorcycles, in a warehouse owned by him.
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