2018 PropertyGuru Asia Property Awards (Sri Lanka) winners revealed

16 Jul 2018

Update: As of 17 July 2020, PropertyGuru Asia Property Awards (Sri Lanka) has withdrawn the accolades for Blue Ocean Group in line with our Terms & Conditions.

A total of 23 awards were given out to 13 real estate companies during the very first PropertyGuru Asia Property Awards (Sri Lanka) held last Thursday (12 July) at Shangri-La Hotel in Colombo.

Prime Group clinched the coveted Best Developer award along with one commendation in the Best Mid End Condo Development category.

Two-time winner Capital TRUST Residencies (Pvt.) Ltd bagged the Best Boutique Developer title, while Maga Engineering (Pvt) Limited received the most number of trophies with four.

Other multiple winners included Home Lands Skyline Pvt Ltd, Blue Ocean Group of Companies and Indocean Developers (Pvt) Ltd, with three trophies each.

Pradeep Moraes, a director at Indocean Developers and current chairman of the Condominium Developers Association of Sri Lanka, was named the first-ever Sri Lanka Real Estate Personality of the Year by the editors of PropertyGuru Property Report magazine.

Sri Lanka’s public sector was also recognised at the inaugural event with the Special Recognition for Public Facility. The Ministry of Megapolis & Western Development received the award for the Beira Lake Intervention Area Development Plan, while the Urban Development Authority (UDA) earned the same for its Urban Regeneration Project.

“Following the successful inclusion of Sri Lanka in the Awards at our grand final last year, we are a delighted to be here in Colombo with what I am sure will be one of our most important annual events in the future. Clearly there is still a long way to go before catching up with neighbouring markets in Southeast Asia, but the progress in the last five years or so has nevertheless being remarkable,” said Terry Blackburn, founder and managing director of the PropertyGuru Asia Property Awards.

“Developers have much to be proud of in how they are transforming the country and the lives of many Sri Lankan people,” he added.

Main category winners at the 2018 PropertyGuru Asia Property Awards (Sri Lanka) will advance to compete in the regional PropertyGuru Asia Property Awards Grand to be held in Bangkok this November.




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