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03 Feb 2019

Construction work on Tri-Zen begins

John Keells Properties celebrated the beginning of construction for their newest development, Tri-Zen aparments at the site in Union Place last week.

Deputy Chairman and the Group Finance Director of John Keells Holdings PLC Gihan Cooray, President of John Keells Property Sector, Suresh Rajendra, Sector Head, John Keells Properties, Nayana Mawilmada, Joint Venture partners Chairman of Indra Traders (Pvt) Ltd., Indra Silva, and Managing Director, Indra Traders (Pvt) Ltd Rushanka Silva and officials from construction partners China State Engineering were also present.

Head of Sector at John Keells Properties, Nayana Mawilmada said, “This is good time for both local and foreign investors to invest in the property market in Sri Lanka. Potential investors for TRI-ZEN can rest easy with the assurance that the development will not be subject to forex rate-based price variations. This was a strategic decision on our part to overcome volatility in international currency markets and deliver value to our customers.” Chairman, Indra Traders (Pvt) Ltd., Indra Silva said, “This is our first venture into a major property development, and we are excited that construction is now under way on this very ambitious project.”

“With John Keells Properties as our joint venture partner, and China State Construction Engineering Corporation as the contractor, Tri-Zen will prove to be an exceptional success, and an excellent investment for those looking for comfort and convenience in the city,” he said.