In 2008 the company ventured into hospitality with the
purchase of the Ceylon Intercontinental (now Kingsbury) – a
250 key hotel located on 4.5 acres of central business
district. The property was subsequently sold in 2011.
The company entered into a partnership with Marriott
International to build a 198 Keys five star resort and spa
in Weligama Bay, Sri Lanka , This property is expected to
open in December 2016.
East West Properties PLC currently operates over 100,000
sqft of warehousing space and 30,000 sqft of commercial
office space. The company has a long standing partnership
with Ultratech Cement Company India leasing the real estate
on which their 4x8000 ton cement silo and bagging plant our
The company currently owns and operates 32 apartments as
services apartments at Crescat Residences located adjacent
the Cinnamon Grand Hotel, Colombo premier five-star hotel.
The apartments mix is made up of 1,2,3 bedroom properties
and residences common facilities include a gym, spa and
access to the food and beverage service of the Cinnamon
Grand Hotel next door.
In 2012 the company ventured into rentable self-storage
units and has over 10,000sqft of space consisting of units
varying in size from 25sqft to 500sqft. The company also
provides logistics services for the packing and moving of
items into storage.
The company also owns 20 acres of prime lagoon front
property in Pammunugan which is expected to be developed
into luxury villa.