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Minister of Public Enterprises Development Kabir Hashim (left) who was Chief Guest at the networking dinner at the Crowne Plaza hotel in Dubai, presents a memento of appreciation to Pradeep Moraes, Director of Indocean Developers, the promoter of Altair

Strong investor interest in Sri Lanka is heightened further by exciting property development projects in Colombo, Altair, the city’s fast-rising twin-tower luxury condominium reports following a successful recent presentation in the United Arab Emirates (UAE).

The 400-apartment project instantly distinguishable by its unique leaning tower and parallel upright tower was a sponsor of a networking dinner hosted by the Sri Lankan Business Council in Dubai & Northern Emirates, at which it was also represented by invitation, on the panel of distinguished presenters.

“The degree of interest in the investment opportunities in Sri Lanka was extremely encouraging,” Altair Director and panellist Pradeep Moraes said. “Dubai is no stranger to iconic high-rise buildings, but there was keen interest in Altair’s unique design, the luxury living options it offers and its investment potential.”

Comprising of two tower blocks, one of 63 storeys which leans in to a taller, 68-storey tower, Altair will offer its apartments spectacular views of the Beira Lake, the Indian Ocean and the city of Colombo. The development’s 1.5 million square feet of high-end eco-friendly living space will be supported by 40,000 square feet of supportive up-market retail space. The building is scheduled for completion in 2017.

Altair