Jan 14, Colombo: Renuka Holdings, a diversified organization listed on the Colombo Stock Exchange plans to construct ‘Galle Face Icon’, a 32-storey tower in Colombo at a cost of over Rs. 3.9 billion.
Galle Face Properties Ltd., a Sub-subsidiary of the Company, has entered in to a contract with Sanken Construction (Pvt) Limited on 10th January 2020 for the construction of the Galle Face Icon, at Galle Face Terrace in Colombo 3.
The 32- Level Mixed Development Project which was formerly known as ‘Renuka Tower’ will be constructed at a cost of Rs.3,903,675,666, the company notified in a market disclosure.
The Galle Face Icon will consist of ‘A’ Grade premium office Space, office amenities, service suites, recreational areas and ample parking situated at Colombo 3 between the Beira Lake and Galle Face Green.