Victoria Golf & Country Resort awarded Sri Lanka’s Best Golf Course at World Golf Awards Victoria Golf & Country Resort (VGCR) secured the award for Sri Lanka’s best golf course at the eighth Annual World Golf Awards. The World Golf Awards celebrate and reward excellence in golf tourism, world-class courses and golf destinations, recognizing leaders setting the benchmark in the industry. Votes are cast by professionals working within the golf industry and by golf tourism consumers. VGCR is owned by John Keells Properties (JKP) and managed by Troon International. It is located by the Victoria Reservoir, in the hills of Digana. The golf course has been lauded for its picturesque nature and unique sporting experience. ...

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Sharia-compliant financial solutions for TRI-ZEN customers John Keells Properties (JKP) has partnered with HNB Islamic Banking to offer a Sharia-compliant financial solutions for customers looking to invest in their upcoming TRI-ZEN residential development in Colombo. The collaboration will offer attractive rates which are competitive in the current mortgage market through the Islamic Banking Finance system, which utilizes an asset-backed equity-based alternate financing method. The principle used is “Diminishing Musharakah”, a rental based investment where the customer and bank jointly invest in a tangible asset. A key feature is that it does not involve ‘interest’ and is, therefore, an attractive option for people from faiths that prohibit interest or for those seeking alternate financing options. “As the country’s leading property developer, John Keells Properties has always been at the forefront of innovation and introduced attractive financial solutions for our customers. This is our first collaboration to offer Sharia-compliant financial solutions and ...

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John Keells Properties reports steady construction progress on TRI-ZEN Construction is progressing steadily on TRI-ZEN, John Keells Properties’ highly anticipated residential development in Colombo 02. The property developer has reported that the project is moving forward in anticipation of completion in 2023. A welcome update for both investors and the industry alike, amidst an extended global health crisis. Structural work is currently ongoing for the 25th floor of Tower 1, the 27th floor of Tower 2, and the 29th floor of Tower 3 which faces Union Place. Interior masonry work has also commenced and has progressed to the 13th and 14th floors of the complex. This has allowed for MEP work to proceed, with the installation of plumbing, fire systems, and electrical conduiting already underway. ...

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Hyundai hands over ‘The Suites’ and ‘The Offices’ at Cinnamon Life to John Keells Properties Cinnamon Life, John Keells Properties’ iconic mixed-development project, is ever closer to redefining Colombo’s skyline with the completion of its plush residential tower ‘The Suites’ at Cinnamon Life and the state-of-the-art office tower, ‘The Offices’ at Cinnamon Life. With its construction now complete, the 196-unit apartment building and the 30 storey office tower were ceremoniously handed over to John Keells Holdings (JKH) Chairman Mr. Krishan Balendra by Mr. T.H. Kim – Project Director of the Contractor HKN (a joint venture between Hyundai, Keangnam and Nawaloka). Speaking at the event, Mr. Balendra said the completion of ‘The Suites’ and ‘The Offices’ at Cinnamon Life heralds a new beginning for the city of Colombo. ...

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