Seylan Developments Plc

Seylan Developments PLC is a Colombo Stock Exchange–listed company and a subsidiary of Seylan Bank PLC that specialises in property development, administration and maintenance, and the rental of commercial spaces and residential apartments. The Company focuses on managing and leasing its investment property portfolio to generate stable rental income and preserve asset value. The Company’s principal asset is "Seylan Towers" at No. 90, Galle Road, Colombo 03, which comprises two towers: the East Tower, a multi-storey prime office complex housing the Head Office of Seylan Bank PLC, and the West Tower, which consists of 16 fully furnished apartments leased to tenants. These assets are located in a prime commercial area in Colombo and form the core of the Company’s operations. Seylan Developments provides property management, maintenance and tenant services in Colombo, Sri Lanka, and emphasises operational efficiency, transparency and service quality in managing its buildings and tenant relationships.