Luxury Real Estate Blog and News
Sri Lanka’s real estate major, Blue Mountain, has signed an agreement with China Harbour Engineering Company Ltd. (CHEC) to build Achilleion, its Seven Star Luxury Project.
The serviced residences sector is becoming increasingly popular among investors and clients in several Asia-Pacific markets, where developers are expanding their reach in the niche segment.
“Jones Lang LaSalle is opening a full-fledged operations branch in Sri Lanka. It is the first IPC to venture out into this lucrative country, based on its findings that Sri Lanka is a real estate boom unfolding even as we watch,” said Alastair Hughes, CEO of Jones Lang LaSalle Asia Pacific.