CCC and PwC Sri Lanka host awareness webinar on Real Estate Investment Trusts

Thursday, 27 August 2020 01:48 - - {{hitsCtrl.values.hits}}

Chairman Viraj Dayaratne

Dumith Fernando

Harshana Suriyapperuma

Rajeeva Bandaranaike

Ayanthi Abeywickrema

Ravi Abeysuriya

Ruvini Fernando

The Ceylon Chamber of Commerce and PwC Sri Lanka will be jointly hosting an awareness webinar on the Real Estate Investment Trusts (REITs) Framework.

Real Estate Investment Trusts (REITs) are investment vehicles for real estate that allow both small and large investors to acquire and have an undivided interest in properties. After many years of discussion, the REITs framework has been introduced by the Securities and Exchange Commission of Sri Lanka as an extension of the current Unit Trust Code on 31 July in the form a Gazette Notification. This webinar will benefit capital market investors and real estate developers who would like to understand this framework and the new rules and its application.

The agenda for the forum will see Securities and Exchange Commission (SEC) of Sri Lanka Chairman Viraj Dayaratne and Colombo Stock Exchange (CSE) Chairman Dumith Fernando, providing opening remarks followed by a presentation on the REITs framework by SEC Director Corporate Affairs Dr. Harshana Suriyapperuma. After which there will be a panel discussion and question and answer session with Colombo Stock Exchange CEO Rajeeva Bandaranaike, Dr. Harshana Suriyapperuma, SEC Director-Legal and Enforcement Ayanthi Abeywickrema and Candor Group CEO/Director and Ceylon Chamber of Commerce National Agenda Committee on Finance and Capital Co-Chair Ravi Abeysuriya joining the panel discussion. The webinar will be moderated by PwC Sri Lanka Capital Projects and Infrastructure and Deals Strategy Director Ruvini Fernando.

The webinar will be held on Friday, 28 August from 10:30 a.m. to 12 noon. To register, please email [email protected], [email protected], or [email protected].