Located on an invaluable 2.5 acre property in the heart of the country’s commercial capital, Rank Holdings maintain a standing agreement with the UDA for a mixed development project to accommodate for the booming tourist industry in Sri Lanka.
In line with the government’s intentions of transforming Beira Lake into a major tourist hotspot, Rank Group of Companies has proposed the construction of Lake Leisure, a 400 bedroom resort in the heart of Colombo.
Lake Leisure has an envisaged cost of more than $350mn and will cater to high end tourists visiting the country on business and holiday. The resort is planned to feature super-luxury amenities.
Rank has also announced the development of four more resorts in some of the premier beach destinations in Sri Lanka.
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