Incorporated in 2009, RIL is an owner, developer and manager of Grade ‘A’ commercial office space in select core markets in Colombo. RIL focuses on offering multi-faceted real estate solutions including facilities management, leasing, land acquisition, construction management services, consulting and strategic investment. Our business model aims to capitalise on the conducive dynamics prevalent in the Colombo office market to elicit competitive advantage.
Our approach to commercial property is unique and sophisticated. We don’t compromise on anything and that is why PARKLAND premium office complex stands as an imposing template for future office complexes in Colombo. Our strength lies in identifying the market’s requirements and bringing together international experts, companies and local engineering brilliance to create a real estate solution that stands today as an example of both modern architectural sophistication and green construction. The success of our commitment to perfection is evident when browsing through the portfolio of multinational companies and reputed firms that have chosen to locate their offices at Parkland.
Koliya Yapa Bandara
B. Tharaka Eswatte
Manjula Dilrukshi Wijesekara
|CHANGE IN COMPANY SECRETARY (30 November 2017)|
|Mandatory offer by RIL Property PLC to purchase all the remaining issued and paid up ordinary voting shares of United Motors Lanka PLC (10 November 2017)|
|Related party transactions (08 November 2017)|
|DISCLOSURE UNDER RULE 7(B) AND RULE 36 OF THE COMPANY TAKEOVERS & MERGERS CODE OF 1995 (08 November 2017)|
|ANNUAL GENERAL MEETING (11 July 2017)|
|DIVIDEND ANNOUNCEMENT (07 June 2017)|
|CHANGE OF COMPANY SECRETARY (01 June 2017)|
|COMPANY NAME CHANGE (30 May 2017)|
|DEALINGS BY DIRECTORS (04 May 2017)|
|APPOINTMENT OF REGISTRAR (03 May 2017)|
|INITIAL PUBLIC OFFERING (28 April 2017)|
|INITIAL PUBLIC OFFERING (BASIS OF ALLOTMENT) (18 April 2017)|
|INITIAL PUBLIC OFFERING (07 April 2017)|
|INITIAL PUBLIC OFFER (OVERSUBSCRIBED) (04 April 2017)|
|INITIAL PUBLIC OFFERING (10 March 2017)|
One of RIL Property’s most recent and successful ventures is PARKLAND, a 22-storey contemporary and luxurious office space located in the heart of Colombo with a roof top that provides a view of Colombo’s exquisite skyline. RIL Property’s unique approach to measureable value creation begins with distinctive physical and social infrastructural specifications in the office spaces we create and own. PARKLAND features spacious and customisable floors with pre-installed voice, data and digital TV infrastructure facilities with high speed fiber optic connectivity, high-end security features, centralised PA systems, a central operation command centre, an intelligent car-parking and guiding system inter-alia. Additionally, PARKLAND’s sustainability initiatives result in energy savings for tenants. We successfully secured a highly creditworthy and diverse tenant base since commencing operations in September 2015. A tenant mix comprising a comparatively higher proportion of Multi-National Companies (MNC’s) at 62% occupancy rate out of the total 80% occupied, is testimony to PARKLAND singularity. The aim was to provide luxury office environment that was economically-feasible yet exceeded functional and aesthetic expectations. The niche features and facilities provided an ideal office environment for tenants from some of Sri Lanka’s most elite corporates, such as Marks & Spencer Sri Lanka, Mast Industries (Far East) Ltd, Dole Lanka (Pvt) Ltd, Envoy, Dialog Axiata, Mobitel, Ericsson, Regus, VA Tech Wabag, Ceylex Engineering (Pvt) Ltd and Maersk Lanka Pvt Ltd.
In addition to our core real-estate assets, we are sole owners of Foodbuzz (Private) Limited (Foodbuzz), the franchisee of the globally reputed BreadTalk Group Limited (BreadTalk), in Sri Lanka. Foodbuzz secured franchise ownership in 2015 vouching for the confidence placed in us by BreadTalk- a mature franchisor. Established in July 2000, BreadTalk is listed on the Singapore Exchange since 2003. A revolutionary provider of food, bakery and confectionary products, BreadTalk has strong brand equity and an extensive network of over 860 retail stores, across Asia and the Middle East. As at June 30, 2016 BreadTalk reported approximately SGD304Mn in group revenues and a net asset base of SGD147Mn. Foodbuzz benefits as a franchisee in a mature and well-structured system. Accelerating our learning curve through the franchisor’s support in several areas including recruitment, training, production and procurement, design and brand development and marketing we are enthusiastic about stimulating superior performance in this strategic investment.
Renovation and refurbishment of existing READYWEAR building.
Included is the study of public policy matters of concern to an organization. This involves the role of public relations in identifying key publics and establishing strategies for building and maintaining mutually beneficial relationships with those publics.
Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship or responsible business) is a form of corporate self-regulation integrated into a business model.
RIL believes in empowering the nation for a better tomorrow.
DONATIONS FOR SCHOOL CHILDREN FROM RURAL AREAS (2015)This project was initiated to coincide with National Reading Month which is the month of October. More than thousand school uniforms and school bags were provided to school children of low income families in the Matale District.
HELPING THE VICTIMS (2016)Many districts of Sri Lanka were affected by floods in the month of May 2016 and many families left their homes to stay safe. Social workers and organizations were really active in extending their assistance for the victims. RIL Property Ltd too was part of it where more than a million worth of goods were handed over to "Sirasa Sahana Yathra" for affected people.
2nd Annual Staff Get Together of RIL Group (30th November 2017)RIL together with its subsidiary BreadTalk organized a party eve for all staff at RIL's rooftop. All employees gathered in unison with fun filled activities such as competitions, dance, cocktails and dinner.
2nd Anniversary (8th October 2017)The second-year anniversary of the opening of PARKLAND building was celebrated with the chanting of 'Maha Pirith'.
Staff Annual Outing (15/16 July 2017)All staff including directors, senior managers and executive spent a night out at Cinnamon Bey, Beruwala hotel. They were engaged in various activities such as games, cocktails, dance, dinner and outdoor activities to demonstrate teamwork and harmony.
Welcoming 2017 with traditions (2nd January 2017)RIL organized a breakfast table with traditional 'kirbath' and associated sweetmeats to celebrate the first working day of the New Year.
Staff get together of RIL Group (03rd December 2016)RIL together with its subsidiary BreadTalk organized a party eve for all staff. They gathered in unison with fun filled activities such as competitions, dance, cocktails and dinner.
Staff outing (22nd October 2016)All staff including executive directors and senior managers spent a night out at Taprobana, Wadduwa hotel. They were engaged in various activities such as games, cocktails, dance, dinner and outdoor activities to demonstrate teamwork and harmony.
1st Anniversary (8th October 2016)The first-year anniversary of the opening of PARKLAND building was celebrated with the chanting of 'Maha Pirith'.
Official Launch on 07th June 2016The launch of the new state-of-the-art PARKLAND Office Complex of RIL Property, with its prestigious and prime location being heralded as the best answer for the acute lack of such high-end facilities in the city of Colombo over the years.
Ceremonial opening of PARKLAND on 8th October 2015Religious rituals were conducted followed by hoisting of the national flag.
|News articles on RIL Property Ltd.|
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