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Controversy brews over Kingsbury Hotel land’s annual lease

Source: Sri Lanka Mirror
Category: Business
Region: Sri Lanka
Published: July 14, 2026 at 06:11

πŸ“ Summary

An outrageously low lease rental paid by the well known Kingsbury Hotel has sparked controversy. The hotel, owned by business tycoon Dhammika Perera is located on a 5.5-acre state owned land in Colombo 01. Despite the prime location, the annual lease paid to the state is said to be just Rs. 2.5 million, which amounts to around Rs. […]

πŸ”— Read Full Article at Sri Lanka Mirror ✨ Extract Article
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hotel lease controversy kingsbury land annual paid owned state brews

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