• Last Update 2024-07-22 22:00:00

447 Luna Tower - transforming the Colombo skyline

Business

Soon to be completed luxury condominium ‘447 Luna Tower’ offers good value to those seeking to purchase real estate in Colombo. It recommenced construction recently adhering to the guidelines issued by Ministry of Health and other government institutions. 
In a media release, Sandun Hettige Jt. Group COO Asia Capital PLC said, “We strongly believe that it is our role and responsibility at this difficult time to achieve development progress while ensuring the safety of everyone involved. In this regard, we have controlled the level of activity with sensible compromise on the number of workers within the site for the moment.” 
447 Luna Tower is located in the heart of Colombo at Union Place and offers investors an affordable yet unique value proposition through a 44-storey architectural masterpiece accommodating 202 spacious apartments. 
With a total investment of approximately US$50 million, the project is fully funded by the Japanese conglomerate Belluna Co. Ltd along with the local partner Asia Capital PLC. 447 Luna Tower is Belluna Co.’s third project in Sri Lanka which collectively amounts to an investment in the country of over $450 million.
Belluna Co. Japan has also invested in a 300-room city hotel on Marine Drive in Colombo 3 which is planned to be open mid 2021; an ultra-luxurious 57 room resort known as Le Grand in Galle which opened in August 2018; as well as their first resort endeavour with Marriott International, debuting the Westin Maldives Miriandhoo Resort entailing 70 villas opened in October 2018. 
 

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