Tuesday 22 September 2015

Cinnamon Life receives 40% bookings at launch

Over 40% bookings have been received for the first tower of the ‘The Residence’ of Cinnamon Life being built by Waterfront Properties , a member of the John Keells Group.

This mixed development project which is Sri Lanka’s biggest ever private sector venture in real estate segment is an 800-room luxury hotel with conference and banquet facilities, 24 storey office space, residential apartments and host of entertainment options. The total investment is US$ 850 million. John Keells Property Group President Suresh Rajendra said that they are happy with the expressions of interest for booking. “A scheme with a fixed guaranteed annual return for a limited number of apartments for a limited period will be available for Cinnamon Life.”

“Another attractive feature is the state of the art, 24 storey office space, half of which will be operated by the developers themselves and the remaining will be sold on an outright basis. We remain steadfast in our commitment to deliver the highest gains for this project.”


Suresh Rajendra, Ajit Gunewardene and Cecil Balmond at the launch. Picture by Ranjith Askanka
“This mixed development project is Sri Lanka’s largest private sector investment. Cinnamon Life, with its vibrant and inspired concept, is a project of significant national importance and will become the epicenter of modern South Asia.”

Internationally renowned architect, artist and engineer, Cecil Balmond,See more >>

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