Sevills opens in Colombo

Shirajiv SIRIMANE

Sevills International, the world's largest and most reputable real estate service provider has opened a sales office in Colombo (Savlanka) proving that Sri Lankan real estate market is rapidly growing and has great potential.

Savlanka is working with Savills International towards creating the first internationally recognised real-estate consultancy in the country. The office acts as the first point of contact for major international and local investors and developers. Savlanka caters for the needs of investors, owners and occupiers by offering a full range of real estate expertise across all property sectors including residential, hotel and leisure, office, industrial, retail, healthcare, rural and mixed use projects.

With Savills support, Savlanka's team is headed by two directors permanently relocated in Colombo. Director, Savlanka, Peter Petrovic said that Sri Lanka is a country in a post war scenario and opportunities for business is huge. "Our company has seen similar situations when countries broke away from the Russian Federation and Savills' extensive knowledge, expertise and international experience would apply to Sri Lanka as well."

The Colombo office is also keen to develop facility management and property management services utilising Savills tested and well-established international standards, protocols and procedures.

Savills was founded in the UK in 1855 and it was listed on the London Stock Exchange and has an international network of 270 offices and associates throughout Americas, the UK, continental Europe, Asia Pacific, Africa and the Middle East.

He said that the opening of the office in Sri Lanka would enable investors overseas to look at business openings in Sri Lanka.

The services the company offers encompasses all phases and aspects of the development cycle from identifying a development opportunity, site selection, technical and financial modelling and appraisals, through planning, project team selection, design and construction, as well as leasing, sales and marketing.

The office focuses on marketing and sales and has access to investors and individual buyers through Savills global network of offices and the largest client database.

Savlanka and Savills could be contacted on email [email protected]