Odel outlets would come up at the under-construction Colombo City Centre owned by Abans Group, according to an announcement on Monday.
Odel PLC owned by Softlogic said in a Colombo Stock Exchange notice that the company and its subsidiary, Softlogic Brands (Pvt) Ltd intends to occupy 39,560 square feet (sq ft) at the Colombo City Centre at James Peiris Mawatha that’s coming up and has signed an agreement to this effect. This will house Odel’s department stores, its sports store and Softlogic’s international brands. Already Odel is building a mega shopping complex at Alexandra Pace in Colombo 07 at an estimated cost of Rs. 3.5 billion. “They want to open more stores at the Colombo City Centre,” a Colombo City Centre official told Timesonline. He said that Odel would have the largest space at the mixed development. (DEC)
A Sri Lanka Air Force Bell 212 helicopter belonging to the No. 72 squadron has crashed into the Madhuru Oya reservoir this morning, Air FOrce Media Spokesman Eranda Geeganage said.
Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
In its first electoral test since taking power, the ruling National People’s Power (NPP) fell short of expectations, winning only around 40 % of the national vote in Tuesday’s local government election and falling short of enough seats to gain control of the majority of councils.
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