The Research Intelligence Unit (RIUNIT), an international research and consulting firm with its Asia headquarters in Colombo, successfully launched its latest initiative, “Asia’s Real Estate Opportunity of the Century,” on July 16th at the prestigious Port City Sales Gallery, Port City. This landmark event aims to open doors for local developers and investors to engage in the transformative Port City project, signaling a new era of growth and innovation in Asia’s real estate market.
A Pioneering Event
The launch event brought together the industry’s most influential leaders, experts, and visionaries. Attendees explored the unique opportunities presented by the Port City project, an ambitious development poised to redefine Asia’s real estate landscape. The event highlighted the strategic importance of Port City as a hub for economic activity and urban development.
Opening Doors for Local Developers and Investors
One of the key objectives of RIUNIT’s initiative is to provide a feasible entry point for local developers and small investors to engage with the Port City project. The initiative aims to foster local participation, ensuring Sri Lankan stakeholders can capitalize on the vast opportunities offered by this transformative development.
“Our mission is to help local developers and investors enter the Port City project, which represents a monumental opportunity for local real estate players,” said Mr. Roshan Madawela, CEO of Research Intelligence Unit. “By facilitating access and providing feasible investment propositions, we are committed to enabling local stakeholders to take full advantage of the growth prospects in this dynamic market. With current land price and absorption rate trends in the Colombo area showing much positivity, this is a timely opportunity to enter before the door closes.”
Unveiling Asia’s Real Estate Potential
The event’s highlight was the unveiling of “Asia’s Real Estate Opportunity of the Century,” a comprehensive initiative designed to provide in-depth analysis and insights into the region’s real estate market. The initiative offers a detailed exploration of market trends, investment opportunities, and strategic initiatives, making it an indispensable resource for industry professionals.
“Asia’s real estate market is poised for unprecedented growth, and our latest initiative is designed to provide the insights needed to navigate this evolving landscape,” said Dr. Anil Priyanka Baddevithana, Senior Consultant, Research Intelligence Unit. “We believe this initiative will be instrumental in driving informed investment decisions and fostering sustainable development at the Port City,” added Nilesh J De Silva, Director, Kahawita De Silva & Associates (Pvt) Ltd.
Key Highlights from the Event
- Expert Panels and Discussions: The event featured members of RIUNIT’s advisory board, including Minoli Wickramasinghe, Dr. Anil Baddevithana, and Nilesh De Silva. Experts discussed various aspects of the real estate market, including investment strategies, regulatory frameworks, and market trends. Industry leaders shared their insights and experiences, providing valuable perspectives on sector opportunities and challenges.
- Networking Opportunities: Attendees had the chance to network with industry peers, potential partners, and key stakeholders. The event facilitated meaningful connections, paving the way for future collaborations and partnerships.
- Interactive Sessions: Interactive sessions allowed participants to engage with the content and gain a deeper understanding of the Port City project. These sessions provided a platform for dynamic discussions and knowledge sharing.
A Vision for the Future
The launch of “Asia’s Real Estate Opportunity of the Century” is part of RIUNIT’s broader vision to support the sustainable development of Asia’s real estate market. By providing cutting-edge research and analysis, RIUNIT aims to empower industry professionals with the knowledge and tools they need to succeed in this rapidly evolving landscape.
“The future of real estate in Asia is incredibly bright, and this initiative will be at the forefront of this transformative journey,” said Mrs. Minoli Wickramasinghe, CEO/Managing Director, Capital Trust Properties (Pvt) Ltd. “Our commitment to excellence and innovation drives us to deliver initiatives and services that make a meaningful impact on the industry,” added Asiri Peramunugama, Senior Manager – Investment Promotion, Port City Colombo.