Dialog Enterprise partners ‘The Grand’ Ward Place to deploy ultra-fast fibre connectivity solutions
Dialog Enterprise, the corporate ICT solutions arm of Dialog Axiata PLC, recently partnered ‘The Grand’ Ward Place, the ultra-luxurious residential project by Prime Group which was crowned as the Best Luxury Condominium in Sri Lanka by the Property Guru Asia Property Awards, and connected it to its ultra-fast broadband network and features premier Gigabit connectivity […]
Prime Group listed among Asia’s 100 Best Workplaces in SME Category
Prime Group was recently listed among the 100 Best Workplaces in Asia for 2022 by Great Place to Work® in Small and Medium Enterprise Category. The recognition came amidst a concerted effort by its management and staff to overcome the challenges posed by the economic crisis faced by the country. Welcoming the recognition, Co-Chairperson of […]
LMD listing positions Prime Group among country’s top 100 corporates
Prime Group has gained recognition among the top 100 most respected entities in Sri Lanka and as the sector leader in the real estate industry in a listing compiled by Lanka Monthly Digest (LMD) for the sixth year. It is one of Sri Lanka’s most awarded and most valuable groups of companies, owning the country’s […]
‘Ultimate Zero’ – An Innovative Way to Own an Apartment at The Grand, Ward Place
Prime Lands Residencies PLC signs MOU with Hatton National Bank for Flagship Luxury Project Prime Lands Residencies PLC recently entered into an MOU with HNB to offer an innovative financing model for potential clients to own an apartment at The Grand, Ward Place – the Prime Group’s luxury flagship project that is now nearing completion. […]
Prime Group crowned ‘Most Valuable Real Estate Consumer Brand’ in Sri Lanka
Prime Lands Residencies ranked among the best of the best in real estate Prime Lands Residencies PLC has been ranked the most valuable real estate brand in Sri Lanka for the year 2021 by Brand Finance – in LMD’s brands annual guide to Sri Lanka’s most valuable brands. The theme for the year was ‘comfort […]
Prime Group further strengthens financial stability by upgrading to [SL] A (Stable) credit rating from ICRA by Moody’s
Prime Lands Ltd. and Prime Lands Residencies PLC have received a further strengthen issuer rating of [SL] A (Stable) making Prime Group the largest real estate company in Sri Lanka to receive this rating from ICRA Lanka. In its special notification Prime Group, ICRA Lanka says, “The Rating Committee of ICRA Lanka Ltd., after due […]
The Grand – Ward Place debuts display suite in time for the festive season
The flagship property of Prime Group, Sri Lanka’s leading property developer, The Grand – Ward Place located in Colombo-7 recently revealed its immaculately designed Display Suite to the public. Having fully accomplished the construction of piles and testing, structural work, and superstructure work, The Grand draws closer to completion as it continues to proceed on […]
Prime Lands Residencies records milestone achievement in 1H
Continuing its rapid growth trajectory amidst challenging economic conditions, Prime Lands Residencies PLC (PLR), a subsidiary of the country’s foremost property development magnate Prime Group, said yesterday it has increased its revenue in FY22 second quarter by 86% to Rs. 2.4 billion. The Profit Before Tax (PBT) for 2Q was a remarkable Rs. 573 million, […]
ROARS AHEAD ON LMD’S
Affirming its indelible reputation as the country’s premier and largest diversified property development conglomerate Prime Group, was lauded among LMDs “Most Respected Entities in 2021. The Group was also recognised as the winner in the real estate sector, further ascertaining its strength in the local market. This marks the fourth consecutive time, the group won […]
END OF FY21
Prime Lands Residencies Plc has ended FY21 on an exceptionally high note with impressive gains on the top line and bottom line. As per results announced on Tuesday, Prime Lands Residencies’ revenue for the year ended on 31 March 2021 was Rs. 7.7 billion, up by 35% from the previous year. After-tax profit has soared […]