The investment arm of the Group, MICL is engaged in investing the Group’s profits in stocks, bonds, debentures & private placements.
Our current portfolio comprises a range of developments across sectors. We are well positioned to be both flexible and diverse, working with challenging market conditions, and in the healthy position of being able to make considered decisions where we can identify added value on any scheme. The flat management structure enables us to make extremely quick decisions. As a result we choose to follow the opportunity rather than be tied to targets.
MICL is a property development and investment company based in Sri Lanka which specializes in high-quality mixed-use schemes. The company’s mission is to deliver high-quality, modern and sustainable developments that demonstrate social and environmental responsibility.
The Company intends to provide Shareholders /stake holders with attractive returns, principally derived from the operation of income generating properties, from capital appreciation through investment in high yield real estate assets and from capital return generated from development projects and related investments, principally in and around the major population centers in the country.
Our ability to bring together and manage specialist teams for complex or sensitive schemes is often the crucial factor in delivering a successful outcome. It is the close relationships we have maintained with agents, tenants, banks, institutions and local authorities that have enabled us to survive the recent downturn in the market.
We are continually assessing our position in the market. Together with our deep understanding of current market conditions we are able to take immediate advantage of investment and development opportunities that meet our strict criteria for long-term growth.
We are happy to work in partnership and within joint ventures and have a proven track record of establishing excellent relationships in these areas.