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

Nahil Wijesuriya is a Professional Engineer specializing in Mechanical and Productions 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 Deputy Chief Engineer of the Colombo Dockyard. In 1977 he founded the East West Group of Companies. Through this Parent company, he founded many successful businesses 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.
Vijitha Wijesuriya currently serves as the Managing Director of East West Properties PLC, in his current role he oversees the design and development of a 200 key Marriott Resort & Spa in Weligama Bay, Sri Lanka, which is due to commence operations in July 2016. He is also spear heading the groups hospitality expansion to a further 1200 keys across 5 properties around Sri Lanka. His work also involves managing the funding for the groups hospitality related investments and in 2014 successful concluded the Series A funding for the groups expansion. He has previously served on the board of the Ceylon Continental Hotel, Sri Lanka’s first 5 Star hotel property. Vijitha holds a Bachelor of Science from Imperial College, London and is an Associate of the Royal College of Science.
Anika Wijesuriya holds a BA Honors Degree in Finance and Economics from the University of Durham (UK), where she continues to be an Associate of the Durham Business School. She was a Director at Hotel Services Plc where she gained substantial experience in hotel administration, finance, sales and operations. She is also a Director of East West Properties Plc.
Mr.Sooriyaarachchi holds Higher National Diploma in Accountancy and he is following Final Level Examination of the Institute of Chartered Accountants of Sri Lanka. He has around 9 years experience with East West Group of Companies. He is also a Director of Peoples Media Network (Pvt) Ltd, and Infrastructure Developers PLC.
Mrs.Vijayanthi Jayasinghe has completed her Licentiate Examination conducted by Institute of Chartered Accountants of Sri Lanka. Her experience extends over 15 years, working for Tabasco Distributors (Pvt) Ltd., VS & Associates and Teleconsult Lanka (Pvt) Ltd. She has been part of the East West Group of companies for over a decade, joining our team in 1998.
Mr. Vajira Wijesuriya has a Bachelors degree in Computer Science from the University of Warwick, UK and a British Private Pilots Licence. Vajira has vast experiences in Real Estate, Aviation, Finance and Travel. During his time with the East West Group in 2000, he was in charge of marketing office and warehouse space belonging to the group. Subsequently, he obtained an Aircraft Operators Certificate and operated an International Cargo Airline. During this time he also setup a travel agency for the group. Vajira worked at Amba Research as an Associate Vice President doing financial equity research in 2003, during which time he completed 2 levels of the Chartered Financial Analyst Program. He has also worked at London Heathrow Airport for Menzies Aviation Group, UK in all aspects of Aircraft Ground Handling Operations.
Mr D Sunil AbeyRatna counts over 40 years of experience in the fi eld of Finance, Audit and Tax. He is a Fellow of The Institute Of Chartered Accountants of Sri Lanka. The Inst itute of Management Accountants of UK and Certified Management Accountants of Sri Lanka. He is also a me mber of the Certified Management of Accountants of Australia and has a Doctorate in Philosop hy from the University of Honolulu USA. He is the Sole Proprietor of AbeyRatna & Co Chartered Accountants and a Director of AGN International Ltd – UK, which is the 4th Largest Independent Accounting Association in t he world based in over 108 countries and 478 Office locations.
He is also a Director of KBSL Information Technologies Ltd, Rosewell In vestment (Pvt) Ltd, Carplan Ltd and KIA Motors (Lanka) Ltd And the Managing Director of Lankem Tea & Ru bber Plantations (Pvt) Ltd, Nawaloka Hospitals PLC, Agarapatana Plantations Ltd And Kotagala Planta tions PLC.

Corporate Office
#12-01,
East Tower, World Trade Center,
Colombo 1, Srilanka.
Location

 +94 11 2 43 77 55
 +94 777 322 500 / +94 777 787 994
 +94 11 2 43 20 40    admin@eastwest.lk

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

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