Cinnamon Life fuels global interest in real estate market of Sri Lanka

Wednesday, 7 December 2016 00:01 - - {{hitsCtrl.values.hits}}

The real estate market in Sri Lanka is experiencing exponential growth making it an attractive investment option. This has increased the desire and demand in investing in Sri Lanka among many Sri Lankans living across the globe and foreign investors alike.

John Keells Holdings PLC recently presented the details on the latest mixed development project, Cinnamon Life, to the Sri Lankan community and foreign investors, in Abu Dhabi, Dubai and Singapore.

Details on the project were presented at the Hatton National Bank priority circle launch in Abu Dhabi on 17 October and Dubai on 19 October. JKH also hosted an evening of cocktails and presented the project details at the Pullman Hotel, Dubai on 18 October. These events attracted a large mix of Sri Lankans and non-nationals.

The event in Singapore was held at the Grand Hyatt on 15 November, and witnessed an avid audience of foreign investors interested in Sri Lanka and particularly in Cinnamon Life due to the integrated nature of the project. John Keells Property Group, Chief Marketing Officer/Executive Vice President Roshanie Jayasundera Moraes presented an overview of Sri Lanka and JKH, prior to going into the details of the Cinnamon Life apartments, at the event. She commented that, “The response from the audience at the event who were actively interested in the country’s potential was extremely promising. Cinnamon Life’s integrated nature and the opportunity to be a part of an iconic structure is a greater value addition for owners of apartments and commercial space alike.”

Cinnamon Life, the iconic mixed development project by the John Keells Group, envisioned as a 4.5 million sq. ft. Integrated Resort consisting of an 800-room luxury Cinnamon hotel, avant garde experiential and entertainment haven, ultra-modern office spaces, state of the art living spaces, a wide variety of food and beverage offerings, ballroom, conferencing and banqueting spaces. With its vibrant and inspired concept, Cinnamon Life is envisioned to become the epicentre of modern South Asia.

This integrated resort development will be executed as a ‘life capital’, an architectural heartbeat, where different aspects of life, living, working and playing blend seamlessly, interacting and empowering one another in new and exciting ways. Internationally renowned Architect, Artist and Engineer, Cecil Balmond, the design visionary behind some of the most popular buildings in the world, including the Arcelor Mittal Orbit in London and the CCTV Tower in Beijing will be bringing this inspired concept to life. The construction contractors include a consortium of contractors headed by Hyundai Engineering and Construction.