LKCSE Colombo Stock Exchange Close
  • Current Exchange
    Colombo Stock Exchange LKCSE

Market time
Black
White

Send This Page To Friends and Colleagues

You can Enter more than one email separated by (,)
Allowed 100 characters only
30 May, 2012 07:45 AM Source: News360.lk
property_development_finance_.jpg

Sri Lanka’s Equity Two PlC says the development taking place in the property sector and the improvement seen in the once tight security measures will help the firm attract sustainable tenants and demand better rentals for its properties.

Equity Two PLC, a firm engaged in property development, however points out that the lack of complete removal of security restrictions to many other properties in the neighborhood has deprived the firm from gaining maximum potential out of its properties.

Chairman of the company D.C. R. Gunawardena in his review to the 2011/2012  annual report says, with further improvement in the currently imposed access restrictions, developments seen in the Colombo city and its strategically located properties will help the firm to enhance profitability in times to come.

He believes, this will help the company to increase in rental yields, capital appreciation and also the ability to initiate new development projects.

According to the firm, the total value of the investment property of the Company has stood at Rs. 570 million at the end of the financial year, which ended on the 31st of March 2012. More...

Read Original Article

Add Comment | 0   comment

Readers Comment

Nothing found to display
page number 1

Add Comment

Please login first to comment Click here to login

Stocks in Focus


Features for Registered Users

E-mail Alerts
Daily Newsletter
Your Watchlist
Advanced Tools
and
Many more


Will automatically display the last quotes you have visited here.

All Rights Reserved - DUInvest © 2014

Login

Do You have an Account ? , Click here to create a new account

Your Opinion Matters

What do you think about the new Website?