Overseas Realty (Ceylon) Plc
CCSELK:OSEA.N000047.80
LKR
-1.10
(-2.25%)
ISIN
LK0133N00005
Return %
Stock
S&P 500
1Y
22.88
14.20
3Y
198.75
81.12
5Y
165.56
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
- Pravir Dhanoush Samarasinghe
- Full Time Employees
- 588
- Sector
- Finance
- Industry
- Real estate development
- Address
- Colombo Sri Lanka
- IPO Date
- May 6, 1991
- Website
- orcl.lk
- Similar Companies
- Business
- Overseas Realty (Ceylon) PLC is a Sri Lanka-based real estate investment, development, and property management company. Founded in 1980 and headquartered in Colombo, Sri Lanka, the company operates as the premier commercial and residential property developer in the country, functioning as a subsidiary of the Singapore-based Shing Kwan Group. Overseas Realty operates across three core business segments: Property Leasing, Property Development and Sales, and Property Management and Facility Services. The company's primary products and services include commercial office space leasing, providing premium Grade-A office space and business infrastructure through the iconic 39-storey twin-tower World Trade Center (WTC) Colombo in Echelon Square and the 50-storey Mireka Tower at Havelock City; residential property development and sales, encompassing luxury high-rise condominium units developed across multiple phases at the 18-acre master-planned Havelock City project, featuring the Park, Elibank, Layards, Davidson, Stratford, Marlbrough, Peterson, and Alban Towers alongside exclusive clubhouse and lifestyle amenities; retail asset management and leasing, managing the 200,000-square-foot Havelock City Mall comprising international and domestic retail brand outlets, a supermarket, food courts, specialty dining, and entertainment multiplexes; and integrated property and facility management services, delivered via its subsidiary Realty Management Services (Pvt) Ltd, providing mechanical, electrical, and plumbing (MEP) maintenance, building automation management, 24/7 security, janitorial solutions, car park management, and commercial leasing brokerage for proprietary assets and third-party property owners. In recent major company developments, Overseas Realty completed the commercial launch and operational rollout of the Havelock City Mall in late 2023, marking the successful delivery of the final commercial phase of the Havelock City project and significantly expanding the company's recurring retail income base; advanced commercial leasing and tenant occupancy across the 50-storey Mireka Tower; implemented comprehensive modernization and energy-efficiency retrofit initiatives at the World Trade Center Colombo, including smart building management upgrades and sustainability enhancements; and strategically expanded the external client portfolio of Realty Management Services (Pvt) Ltd to capture growing domestic demand for outsourced facility and property management services across Sri Lanka.