Female-led biz service provider invests over Rs 300 million in three premium venues in Colombo

GrandSpace, a leading strategic experience centre and business services provider, has invested over Rs. 300 million to establish three premium venues in Colombo, underscoring its confidence in Sri Lanka’s corporate sector and commitment to enabling business growth.

- By Hrran H.SENEWIRATNE

Celebrating the anniversary of the founding of 'The Astoria Complex Centre'.

GrandSpace also stands out as a female-led enterprise, with 95% of its management and ownership comprising women—a deliberate commitment that recognizes women's strengths in client service, operations and leadership.

Founder Director Samila Maddumage recalled that the first project at The Astoria was inaugurated in 2020, at the height of the COVID-19 pandemic.

“Our main aim was to help small startups move to the next level by offering affordable workspace solutions that meet international standards. Today, we are proud to see that several of our early clients have established their own offices and built global partnerships, he said.

“Launching the Astoria centre during the global pandemic was challenging, but we remained steadfast and never ceased operations.