Capital Trust's Minoli Wickramasinghe champions Lanka's real estate revival on global stage

CAPITAL Trust Properties Managing Director Minoli Wickramasinghe, recently represented Sri Lanka at two major international real estate forums in Singapore, spotlighting the nation’s evolving investment landscape and resurgence as a regional property destination.

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At the APAC Forum 2025, hosted by Leading Real Estate Companies of the World (LeadingRE) under the theme ‘Connecting Beyond Borders’ Wickramasinghe took centre tage in July 2025 at Shangri-La Singapore. In a high-level Q&A session with regional investors and industry leaders, she offered a candid and data-driven overview of Sri Lanka post-crisis property market, tracing its recovery from the 2022 economic collapse to a cautious resurgence in 2025 under the guidance of the IMF's $2.9 billion Extended Fund Facility

iting Central Bank data, Wickramasinghe explained that Sri Lanka's macroeconomic stabilisa~tion, supported by currency recovery and interest rate easing, had led to distinct shifts across property segments. Land prices in the Colombo District surged by 23% year-on-year in 03 2024, reflecting renewed demand and investor interest. In contrast, house prices saw only a mild recovery, while condominium prices, after peaking in 2023, began to cool, with year-on-year growth slowing to just 1.2% by Q4 2024.