The Offices at Cinnamon Life Command Highest Rental Rates in Colombo, Reinforcing Strong Investment Appeal

The Offices at Cinnamon Life, developed by John Keells Properties, has set a new benchmark in Colombo’s commercial real estate market, achieving the highest rental rates in the city. This milestone reflects the growing demand for premium, well- located office spaces within integrated developments that offer a seamless blend of business,

lifestyle, and connectivity.

Strategically located in the heart of Colombo, Cinnamon Life offers a truly differentiated office environment as part of Sri Lanka’s largest integrated mixed-use development. With direct access to the Cinnamon Life Hotel and NUWA hotel, premium apartments at The Residences at

Cinnamon Life, as well as retail, dining, and entertainment offerings, the development delivers a holistic ecosystem sought after by leading corporates and multinational tenants.

The office tower features large, efficient floor plates of 10,646 sq. ft., designed to meet the evolving needs of modern businesses. This is complemented by high-quality infrastructure,

ample parking, advanced building management systems, and professional facilities management.

Commenting on the strong performance of the development, Inoke Perera, Sector Head, John Keells Properties and Executive Vice President, John Keells Group, stated:

“The Offices at Cinnamon Life represents a new era in how businesses operate and engage within the city. The strong rental rates achieved at USD 3 per sq. ft. per month + taxes

(approximately LKR 950 per sq. ft. + taxes) reflect not just the quality of the office spaces, but the value of being part of a fully integrated development that brings together business, lifestyle, and global connectivity in one destination. We are seeing increasing interest from both local and international corporates who recognise the long-term advantages of this ecosystem.”

In a unique offering within the Colombo market, The Offices at Cinnamon Life present investors with a rare opportunity to own strata office space within a development of this scale and stature.

With rentals reaching market-leading levels, investors have the potential to achieve attractive

rental yields of up to 8% per annum, supported by sustained demand from high-quality tenants and the long-term value proposition of the integrated development.

As Colombo continues to evolve into a regional business and lifestyle hub, developments such as City of Dreams Sri Lanka and Cinnamon Life are playing a pivotal role in redefining urban

commercial real estate. The strong rental performance of its office spaces reflects growing market confidence and a clear shift towards integrated, future-ready work environments that offer both convenience and prestige.

John Keells Properties is the real estate arm of John Keells Group, Sri Lanka’s largest listed conglomerate. With a proven track record of delivering iconic developments such as The Emperor and Monarch at Crescat City, OnThree20, 7th Sense, TRI-ZEN, The Residences at Cinnamon Life, VIMAN Ja-Ela, and the latest development Vauxhall DSTRCT, the company

continues to set new benchmarks in urban living and commercial real estate through innovation, quality, and trust.

To learn more about investment opportunities at City of Dreams Sri Lanka, visit www.johnkeellsproperties.com or contact 070 2 151 151.