Favourite Group
page_title_pic
Property Development

The group has developed and controls 650,000 square feet of commercial residential and industrial real estate in the fastest growing sector of the Sri Lankan economy. The property development sector also has a valuable land bank that has been reserved for future development activities.

 
  MIXED - LANDMARK BUILDING

Our flagship 12 storey office & apartment complex, The Landmark is located on some of Colombo's most valuable real estate along the city's main artery, Galle Road. Featuring 100,000 square feet, The Landmark offices and apartments are fully tenanted to residential & corporate clientele. The Landmark also owns and operates a commercial surface car park in the adjoining property.

 
   
  COMMERCIAL - 96 MAIN STREET

This venerable three storey property in the Central Business District and retail centre of the city of Colombo is the original headquarters of the group. Following a substantial renovation, the building has been rented to a major local bank.

   
  WAREHOUSING

With our recent acquisition of the former Forbes & Walker Ltd warehouse complex, the company added 2.5 acres of high value real estate to its portfolio. Adjoining the port of Colombo, the complex has a long association with the tea export industry. With a substantial upgrade in 2005, the buildings have been converted into a modern 80,000 square foot tea packaging facility, rented to a major tea exporter.

   
  RESIDENTIAL (Planned)

A six acre residential development over several phases. Located in greater Colombo, phase 1 will feature 46 detached homes across three acres with the remainder of the land allocated for future expansion. In the final stages of planning approval the RP homes project will be environmentally conscious, with rain water harvesting, a solar farm for common lighting, and vertical axis wind turbines for harvesting coastal winds. Project completion: 2009

   
Our Tenants
contact@favouritegroup.com
site by Infinite Media