About Us

East West Properties PLC is a Public Quoted Company with Limited Liability incorporated in Sri Lanka on 18th March 1981 - and re-registered under the Companybs Act No.7of 2007. The Company was listed on the main board of the Colombo Stock Exchange in 1983. The Company's core business is in real estate development and generating rental income from warehousing and commercial office space. The Company owns 5 acres of land in Peliyagoda of which 2 acres have been developed into 100,000 sqft of warehouse spaces. The remaining 3 acres has been leased to Ultra Tech Cement Company.
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The most current development project under the subsidiary, Weligama Hotel Properties Ltd. is the construction of Sri Lankabs first Marriott Resort & Spa Hotel located in the beautiful bay of Weligama, south of the Island. The development consists of 198 rooms with a gross built up area of 350,000sqft. The project is due to be completed early 2017.

The company under its subsidiary East West Engineering Services Pvt Ltd. has diversified into engineering and construction related activities with much of the work currently focused on the turnkey development of the 198 key Marriott Resort & Spa. The company has diversified into the business of ready mix concrete under the brand bEast West Ready Mixb. The operation consists of two ready mix plants located in the south. The company also project management and procurement services.

The media arm of the company operates under the subsidiary, Peoples Media Network which has been issued licenses and frequencies for the operations of a radio and television station network. The company manages and operates 5 transmission sites located in Colombo, Hunnasgiriya, Karagahatenna, Nayabedda and Gongala. The company also represents globally recognized brands for studio and transmission related equipment whilst providing turnkey solutions for all radio and television infrastructure requirements.


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Courage

We shall embrace new ideas and businesses

Courage
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Trust

We shall believe in our employees and other stakeholders

Trust
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Commitment

We shall stand by our promises and adhere to high standards of business

Commitment
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Passion

Performing with enthusiasm and energy

Passion
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Result

Consistently achieving goals

Result
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Integration

Working across functions and businesses to create synergies

Integration
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Dedication

Working with commitment in the pursuit of our aims

Dedication
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Entrepreneurship

Seizing new opportunities with initiative and ownership

Entrepreneurship

Chairman's Message

One Vision, One Team

One Vision, One Brand


Chairman's Message

For the better part of the last decade, East West Properties has been a real estate and investment holding company. The company looks set to take advantage of the positive momentum created by the end of the country's 30 year civil war which promises to usher in a period of strong growth in key industries such as Tourism, Finance and Trade. The company reflected this optimism by successfully completing a 1 Billion Rupee rights issue for the last financial year 2010/2011.

Along with our inherent pioneering spirit, the company plans on expanding into the leisure sector with a goal of establishing a room inventory of over 1000 keys in six properties located around the country.

I look forward to the forthcoming financial year, which promises strong growth in the company's key business areas.


Board of Directors

Mr.Nahil Wijesuriya is a Professional Engineer Specializing in Mechanical and Production Engineering. He gained his professional qualifications from the Leicester College of Technology (UK). Following his graduation he began working with P&O Shipping Lines (UK), eventually moving on to become the Chief Engineer at Ceylon Shipping Corporation. In 1975 he became the Deputy Chief Engineer of the Colombo Dock Yard. In 1977 he founded East West Group of Companies. Through this Parent Company, he founded much successful business in Sri Lanka including TV broadcasting channels, ETV1 and ETV2, now known as Swarnavahini; East West Information Systems now known as EWIS. He has also completed several substantial property developments having successfully speculated the London and Singapore property markets.

He pioneered in the setting up the First Off Shore Bunkering facility of Colombo Port by using a 37,000 Ton Storage Vessel anchored off the Colombo harbor limits. He also spearheaded the setting up and operations of Offshore Marine Services (Pvt) Ltd doing Salvage and Towage of ships in distress, using the companies own Tugs. In property development, he single handedly project manage the construction of the IBM Building in 1985 the first building to be built in the Nawam Mawatha Buisness Centre through East West Properties Ltd for Land and Building (Pvt) Ltd.
Mr.Nishantha Sooriyaarachchi holds higher National Diploma in Accountancy and he is a Certified Business Accountant of the Institute of Chartered Accountant of Sri Lanka. He has 19 years experience in the East West Group of Companies. He is also a Director of Peoples Media Network (Pvt) Ltd.
Mrs.Vijayanthi Jayasinghe is a Certified Business Accountant of the Institute of Chartered Accountants of Sri Lanka. She has around 27 years working experience. She is also a Director of Peoples Media Network (Pvt) Ltd.
Mr.Vajira Wijesuriya has a Bachelors degree in Computer Science from the University of Warwick (UK) and also holding British Private Pilot License. He has worked at Amba Research as an Associate Vice President specializing in Financial Research. He has gained a vast experience in the field of Real Estate, Aviation, Finance and Travel.
Dr.Sunil AbeyRatna is a fellow member of the Institute of Management Accountants of (UK), Fellow member of the Institute of Chartered Accountant of Sri Lanka, Member of Certified Management Accountants of Australia and Fellow Society of Certified Management Accountants of Sri Lanka. He has held Directorate of Companies in Sri Lanka. Presently partner of AbeyRatna & Company, Chartered Accountants which is an associate of AGN International Ltd, UK which is the 6th largest Accounting Associates in the World, appointed to the main UK AGN International Board of Directors.
Mr.Diyanath Rohan Jayasinghe holds a MBBS Degree. He is the former Chairman of Cey Nor Foundation and Grand Oriental Hotel. He is currently holding a position as a Director of Sri Lanka Energies (Pvt) Limited.

Corporate Office
#14-02,
East Tower, World Trade Center,
Colombo 1, Srilanka.
Location

 +94 11 2 43 77 55
 +94 11 2 43 20 40
  +94 777 880 297
 admin@eastwest.lk

Peliyagoda Warehousing complex
81/11 3rd Lane,
New Nuge Road,
Peliyagoda, Sri Lanaka
Location

 +94 11 2 91 22 74
  +94 777 748 668
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