The real estate sector owns and manages a total built up area of approximately 151,000 sq. ft. comprising prime office and stores space in Colombo City. A land bank of 6 acres in extent, located in the suburbs of Colombo. The property portfolio is valued at Rs.2.5 bn. The asset base and market value appreciation of the real estate sector has contributed to enhancing the net worth of the Group. This sector recently ventured into the property development business and made several new investments in acquiring suburban properties.