Sri Lanka’s second annual real estate conference will take place on October 21 at the BMICH focusing on the changes to Sri Lanka’s real estate market. It will be hosted by global property portal Lamudi. In addition to the changes in the real estate market, this year’s conference will focus on technology, with demonstrations of [...]

The Sunday Times Sri Lanka

Second Sri Lankan annual real estate conference to explore technology in real estate

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Sri Lanka’s second annual real estate conference will take place on October 21 at the BMICH focusing on the changes to Sri Lanka’s real estate market. It will be hosted by global property portal Lamudi.

In addition to the changes in the real estate market, this year’s conference will focus on technology, with demonstrations of virtual reality and drone technology, and how these are affecting the Sri Lankan real estate market. In addition to expert presentations, a panel discussion will explore the challenges facing the property market, where the floor will be opened up to the audience and media, the organisers said in an announcement.

Roshan Madawela from the Real Estate Intelligence Unit, Brahmanage Premalal from Prime Lands Group and Ravi Abeysuriya from the Candor Group will speak at the event, sharing insights into the country’s real estate market. Key themes will include minimising the risk of buying apartments, and financing options for commercial real estate.

Hugh van der Kolff, Managing Director of Lamudi Sri Lanka, said: “Last year’s conference was the first of its kind in Sri Lanka and it was a huge success. We welcomed more than 140 real estate professionals, who came together to share knowledge of the local real estate market, and to discuss how the property industry is growing in the emerging markets.

Such an event brings professionals together to educate each other and raise awareness of any industry changes, both positive and negative. This allows us to move forward with precaution. For us, it is important to share this knowledge with stakeholders.”
The event’s main sponsor is international developer, Shangri-La, with Prime Lands Group confirmed as a consecutive sponsor.

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