RIU Investor roadshow London 2016 holds session at the High Commission
Oct 19, 2016 – (PRESS RELEASE) – The RIU (Research Intelligence Unit) Investor Forum, geared towards facilitating cross border investment between Sri Lanka and the United Kingdom was held at the Sri Lanka High Commission in Hyde Park Gardens, London on Friday the 7th October.
The special focus of this event being on real estate and related investment facilitation between the United Kingdom and Sri Lanka the organizers were honored to feature a world premier launch of the Iconic Galaxy luxury apartment project in Rajagiriya. Despite her busy schedule, HE Amari Wijewardena, High Commissioner for Sri Lanka in London graced the occasion and welcomed the audience to what promised to be a very stimulating evening of presentations and discussion.
The evenings proceedings, series of presentation called by, William Rezel, a senior consultant at the RIU London office, commenced with Nimal Karunatileke, Minister for Trade at the High Commission, making a presentation on the impressive economic achievements that have been made in the island economy of Sri Lanka over recent years.
Next up, Roshan Madawela, Founding Director and CEO of RIU, presented the audience with some of the findings from RIU’s latest research on the residential and commercial real estate market in Sri Lanka. The presentation demonstrated the phenomenal growth in residential apartments in the capital Colombo over recent years, particularly at the high end of the market that has witnessed the emergence of many thousands of new luxury apartment projects. In his presentation, Roshan mentioned that despite RIU having a property database that dates back over ten years, event their research team has had to continually revise their forecasts due to the sustained influx of new projects.