When selecting office space for your business, one of the most important considerations is how much space you need per employee. Understanding the ideal square footage can help ensure that your office is both functional and comfortable, while also aligning with your budget and future growth plans. What Factors Impact Office Space Requirements? The amount of space needed per employee depends on several...
A combination of low interest rates and the launch of real estate-focused financial products is leading a trend towards investing in apartments, according to John Keells Holdings Vice President, Head of Sales and Marketing (Property Group), Nadeem Shums. Sri Lanka’s financial sector has reached a phase of low interest rates - for fixed income products and housing loans. Together with strong...
The slowdown in property price gains in Sri Lanka’s capital Colombo (disinflation) had ended with a near double digit annual gain, according to an index compiled by the country’s Central Bank. Land, residential and commercial property prices inflated a little under 20 percent in 2018 amid a strong economy recovery where pro-cyclical liquidity injections to target an output gap triggered a currency...
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