Real estate is both means and outcome of the sustainable development of a country. Economies of countries encounter higher sensitivity from global trends, implications from foreign political-economic policies and local socio – economic and environmental tensions than ever before. Hence, as a key ingredient of development processes, real estate should be SMART, so that to respond effectively to these dynamic economic, social and environmental forces; focus on outcomes and implications than outputs, convert the challenges into opportunities and strengthen resilience to encounter threats and crisis, facilitate to meet the environmental challenges without jeopardising the economic growth and societies’ modern living.
Estate Management and Valuation- Research and Professional Development Centre,
Construction Management Programme
Sponsorships for ICREMV 2019 is open. There are several sponsorship packages available. Please refer to the Proposal Document for more information.Download Proposal
The city landscape of Colombo is rising and featuring aesthetic architecture. This shows a good sign to Colombo’s economy. Aesthetic architecture needs scale economy, providing an extra reason to build taller buildings. The economic risk of building skyscrapers is large and sudden increase in supply due to indivisibility. Additionally, there might be certain social implications that policy makers need to be mindful. Good governance and planning could offer a solution. Colombo’s urban and real estate development needs to optimize economic vibrancy and social and environmental sustainability.
The future trend of SMART Commercial Building should be more "Human-Centric". In the period of 1980-1990 world has private office and cubicles… and then in 1990-2000 activity base working and co-working dominates…. now neighborhood choice environment is dominating… Everybody may not have same requirements?