Prime Lands Residencies PLC has officially commenced the handover of its landmark residential project, “43 by the Sea,” welcoming homeowners to one of Colombo’s most distinctive addresses along Marine Drive.
Construction of the project began in 2023 and has now been fully completed, marking the fulfilment of commitments made to early buyers who invested in the development from its inception.
A recent handover ceremony brought together homeowners at the property, where Prime Lands Residencies officially transferred ownership and marked the beginning of community living in the oceanfront development.
Located along Colombo’s Marine Drive, the project offers a blend of coastal living and city convenience, with proximity to leading schools, hospitals, business centres, and cultural hubs. The development has been completed with all necessary approvals, and all units have been fully sold, with transfer deeds ready for execution.
Rising 12 floors above ground, “43 by the Sea” features a collection of three-bedroom and four-bedroom apartments designed to maximise ocean views and urban connectivity. The project is positioned at the intersection of Colombo’s coastal landscape and urban lifestyle, offering residents a premium residential experience.
The completion and handover of the project underscore Prime Lands Residencies PLC’s development philosophy, which emphasises delivering on commitments and ensuring full project completion before welcoming residents.
Backed by the wider Prime Group legacy, Prime Lands Residencies continues to position itself as a key player in Sri Lanka’s premium residential property sector, focusing on trust, delivery, and long-term value creation for homeowners.
Cinnamon Lakeside Colombo appoints Ashan Peiris as Hotel Manager
Cinnamon Lakeside Colombo has announced the appointment of Ashan Peiris as its new Hotel Manager, further strengthening the property’s leadership team alongside General Manager Dushyantha Tittawella.
The appointment reflects the hotel’s continued focus on developing leadership talent within the John Keells Holdings and Cinnamon Hotels & Resorts ecosystem.
According to Kamal Munasinghe, Senior Vice President of Colombo Hotels and General Manager of Cinnamon Life at City of Dreams, Ashan’s appointment reinforces the group’s commitment to nurturing internal talent. He noted that Ashan brings a well-rounded background in hospitality, spanning operations, learning and development, brand strategy, and resort management, which is expected to further enhance guest experience and operational excellence at the hotel.
Ashan Peiris began his career with John Keells Holdings as a Management Trainee in 2011 and has since held several key roles across the Cinnamon portfolio. His experience includes positions in business process excellence, brand marketing, training and development, special projects, and hotel operations across multiple properties including Cinnamon Red Colombo, Cinnamon Grand Colombo, Cinnamon Lakeside Colombo, and Cinnamon Bentota Beach.
He later served as Resort Manager at Cinnamon Bentota Beach and most recently held the position of Director of Brand Development for Cinnamon Hotels & Resorts.
An alumnus of the University of Colombo, Peiris holds a Special Degree in Economics and an MBA from the Postgraduate Institute of Management, where he graduated as Valedictorian in 2019.
Commenting on his new role, Ashan stated that his focus will be on strengthening team culture, empowering staff, and building on the existing operational foundation at Cinnamon Lakeside Colombo to further elevate service standards and guest satisfaction.
Prime Lands Residencies begins handover of ‘43 by the Sea’ residential units to homeowners
