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The Research Intelligence Unit (RIUNIT), an international research and consulting firm with its Asia Headquarters in Colombo, successfully launched its latest initiative, ‘Asia’s Real Estate Opportunity of the Century' on 16 July at the prestigious Port City Sales Gallery, Port City.
This landmark event opens the doors for local developers and investors to enter the transformative Port City project, heralding a new era of growth and innovation in Asia’s real estate market.
The launch event was a gathering of the industry’s most influential leaders, experts, and visionaries. Attendees explored the unique opportunities presented by the Port City project, an ambitious development set to redefine the real estate landscape in Asia. The event highlighted the strategic importance of the Port City, showcasing its potential as a hub for economic activity and urban development.
One of the key objectives of RIUNIT’s original initiative is to provide a feasible entry point for local developers and small investors to engage with the Port City project. The RIUNIT initiative aims to foster local participation, ensuring that Sri Lankan stakeholders can capitalise on the vast opportunities offered by this transformative development. This new concept also opens the doors for small investors and local developers to participate, providing a unique chance to invest in one of Asia’s most promising real estate markets.
“Our mission is to conduce local developers and investors to enter the Port City project which represents a monumental opportunity for local real estate players” said Research Intelligence Unit CEO Roshan Madawela. “By facilitating access and providing feasible investment propositions, we are committed to enabling local stakeholders to take full advantage of the growth prospects in this dynamic market. With current land price and absorption rate trends in the Colombo area showing much positivity, this is a timely opportunity to enter before the door closes.”
The event’s highlight was the unveiling of ‘Asia’s Real Estate Opportunity of the Century,’ a comprehensive initiative designed to provide in-depth analysis and insights into the region’s real estate market. The initiative offers a detailed exploration of market trends, investment opportunities, and strategic initiatives, making it an indispensable resource for industry professionals.
“Asia’s real estate market is poised for unprecedented growth, and our latest initiative is designed to provide the insights needed to navigate this evolving landscape,” said Research Intelligence Unit Senior Consultant Dr. Anil Priyanka Baddevithana: “We believe this initiative will be instrumental in driving informed investment decisions and fostering sustainable development at the Port City,” added Kahawita De Silva & Associates Ltd. Director Nilesh J. De Silva.
Expert Panels and Discussions:
The event featured members of RIUNIT’s advisory board, including Minoli Wickramashe and Dr. Anil Baddevithana, and Nilesh De Silva. The experts held discussions on various aspects of the real estate market, including investment strategies, regulatory frameworks, and market trends. Industry leaders shared their insights and experiences, providing valuable perspectives on the opportunities and challenges in the sector.
Networking Opportunities:
Attendees had the opportunity to network with industry peers, potential partners, and key stakeholders. The event facilitated meaningful connections, paving the way for future collaborations and partnerships.
Interactive Sessions:
Interactive sessions allowed participants to engage with the content and gain a deeper understanding of the Port City project. These sessions provided a platform for dynamic discussions and knowledge sharing.
The launch of ‘Asia’s Real Estate Opportunity of the Century’ is part of RIUNIT’s broader vision to support the sustainable development of Asia’s real estate market. By providing cutting-edge research and analysis, RIUNIT aims to empower industry professionals with the knowledge and tools they need to succeed in this rapidly evolving landscape.
“The future of real estate in Asia is incredibly bright, and this initiative will be at the forefront of this transformative journey,” said Capital Trust Properties Ltd. CEO/Managing Director Minoli Wickramasinghe.
“Our commitment to excellence and innovation drives us to deliver initiatives and services that make a meaningful impact on the industry,” said Port City Colombo Senior Manager – Investment Promotion Asiri Peramunugama.
RIUNIT said it remains dedicated to supporting the real estate sector with top-tier research, analysis, and insights. “We are committed to fostering an environment of growth and innovation, ensuring that local developers and investors can thrive in Asia’s burgeoning real estate market,” it added.