Real estate consultancy JLL Lanka this week commended the passing of recent legislation pertaining to foreign ownership of land in Sri Lanka, noting that the move will provide a much-needed boost to investor confidence. JLL refers to the amendment to Section 3 of the Land (Restriction on Alienation) Act No 38 of 2014, which was certified on 30 July.
News release
04 September 2018
JLL Lanka hails deregulation of real estate market as boost for foreign investment
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