Investor Presentaiton
Property: Q3 2023/24
Cumulative sales update:
Q3 Earnings Update:
John
Keells
Group
(As at 31 December 2023)
Number of units
sold
Number of
remaining units
Cinnamon Life:
(Rs. mn)
Q3
2023/24 2022/23
Q3
EBITDA
60
(312)
The Residence at Cinnamon Life
The Suites at Cinnamon Life
Total
147
84
109
87
The EBITDA includes profit recognition from
'TRI-ZEN' and rental income from ten floors
of 'The Offices at Cinnamon Life'
256
171
TRI-ZEN
682
209
VIMAN
*Number of total units in Phase 1 of the development is 114.
74
40*
The construction activity at 'TRI-ZEN' is continuing with encouraging momentum where
the finishing works in the apartments are underway. The overall project is scheduled for
completion by the end of the fourth quarter of 2023/24.
The construction of the first phase of 'VIMAN' is expected to commence in the next
financial year.
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