Colombo Land & Development Co. Plc
CCSELK:CLND.N000045.00
LKR
-0.90
(-1.96%)
ISIN
LK0050N00001
Return %
Stock
S&P 500
1Y
1.12
14.20
3Y
150.00
81.12
5Y
18.42
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Padmesh Sajjeewa Weerasekera
- Full Time Employees
- 34
- Sector
- Finance
- Industry
- Real estate development
- Address
- Colombo Sri Lanka
- IPO Date
- Jun 8, 1987
- Website
- colomboland.com
- Similar Companies
- Business
- Colombo Land & Development Co. Plc is a Sri Lanka-based real estate investment, property development, and asset management company. Founded in 1981 and headquartered in Colombo, Sri Lanka, the company operates across commercial real estate, parking operations, property management, and agricultural plantation sectors. Its primary business activities center on developing, holding, and leasing commercial, retail, and residential real estate assets, anchored by its flagship multi-story mixed-development complex, Liberty Plaza, located in Colombo. The company's systematic product and service offerings comprise commercial property leasing, including retail shopping outlets, corporate office spaces, and residential condominium units; property and facility management services, providing structural maintenance, security operations, and tenant utility administration; vehicular parking management, encompassing the operation of multi-level customer and tenant car parks at Liberty Plaza and commercial vehicle parking grounds in the Pettah Central Business District; agricultural and commercial forestry operations through its wholly owned subsidiary, Agri Spice (Pvt) Ltd, which manages a 102-acre estate in Avissawella cultivating mahogany timber, rubber, alstonia, and agricultural produce; and digital services through its subsidiary Anantaya Global Solutions (Pvt) Ltd. In recent developments, the company executed a strategic corporate reorganization by formally amalgamating its wholly owned subsidiary, Liberty Holdings Limited, into Colombo Land & Development Co. Plc to streamline corporate governance, optimize capital allocation, and consolidate asset ownership under the parent entity. Furthermore, the company partnered with national telecommunications operator SLT-Mobitel to deploy enterprise-grade fiber-optic infrastructure throughout the 160,000-square-foot Liberty Plaza complex, alongside undertaking commercial refurbishment initiatives to enhance retail occupancy and accelerate rental income growth.