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World Environment Day: ‘Responsible Luxury’ at the heart of the ITC One Colombo development

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4 years ago

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ITC One Colombo Development - Real Estate Sri Lanka

5th June 2022 Colombo: As the world marks World Environment Day 2022, the US$ 400 million+ ITC One Colombo development will stand tall in Sri Lanka as a groundbreaking project for adoption of sustainable practices.

Indian conglomerate ITC Ltd. applies a sustainability-centric approach in all its business operations, with particular emphasis on carbon reduction. As a global leader in sustainability, ITC is the only enterprise in the world of comparable dimensions to be carbon-positive, water-positive and solid-waste-recycling-positive for over a decade.

The hospitality business of ITC Limited, ITC Hotels with more than 100 properties across 70 destinations is not just one of India’s leading luxury hotel chains but also India’s largest hotel chain that is committed to sustainability, safety and hygiene in ways that have laid benchmarks for the industry. Today, ITC Hotels is the largest hotel chain in the world with the maximum number of LEED Platinum Certified Properties and a global exemplar in sustainability with its guiding premise – ‘Responsible Luxury’, already a Harvard case study.

ITC One Colombo Development
ITC One Colombo, Sri Lanka

Starting at the design stage, every ITC hotel adheres to the highest global and national green building standards to ensure that energy, water, and solid waste efficiencies are maximized. All ITC Hotels super-premium luxury properties in India are LEED® Platinum rated, thereby making it the greenest luxury hotel chain in the world. More than 50% of its total electrical energy demand is met through renewable energy sources, while 100% of waste water is either treated or re-cycled, thereby achieving over 50% reduction in water consumption over the past few years. Other significant achievements for ITC Hotels include few of its luxury properties achieving LEED Zero Carbon Certification by USGBC and DNV Platinum certification (under its My Care Infection risk management program) for WeAssure –  its health, safety and infection control programme.

It is unsurprising therefore that Responsible Luxury is the core DNA of the landmark ITC One Colombo development located at Colombo’s prime Galle Face oceanfront. This project is the first development in Sri Lanka by WelcomHotels Lanka (Private) Limited, a wholly owned subsidiary of ITC Limited and comprises of the majestic 50 storey Sapphire Residences tower and the adjacent 30 storey high ITC hotel connected by the spectacular Ahasa One Sky Bridge at the 19th to 21st level.

The quest for adopting sustainable practices started with adoption of the first of its kind in Sri Lanka diaphragm wall construction which ensures minimum disturbance to the existing ground water, while also providing a higher level of water tightness for its four basements which can house approx. 1000 cars. Other energy efficient and superior design features in the state-of-the-art development include dedicated sewage treatment and water treatment plants, 100% recycling of water, energy efficient chiller system, state of the art energy efficient hydro-pneumatic pumping system, energy efficient independent Variable Refrigerant Volume (VRV) system, energy recovery ventilation system etc.

The Sapphire Residences has already achieved the prestigious LEED BD+C pre-certification (Core & Shell Development) at the highest platinum level, ensuring the lowest environmental impact of any building of this scale. Like the residences, the adjacent ITC hotel is also designed to maximize energy, water and waste treatment efficiencies.

Mr. Subi George, Managing Director, WelcomHotels Lanka(P) Ltd, comments, “The ITC One Colombo project represents a pioneering environmentally efficient development that is committed to delivering the best of luxury in a responsible manner.”

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Showcase Indian Ocean Convenes Private and Institutional Capital Across the Region’s Luxury Corridor

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15 hours ago

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September 24, 2026

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real estate summit

The re-positioned, fourth edition of the flagship real estate summit highlights the Indian Ocean corridor as a proving ground for the world’s most recognisable luxury hospitality brands and independent operators, representing one of Africa’s most compelling investment stories

PORT LOUIS, Mauritius, September 23, 2026/APO Group/ –Showcase Indian Ocean, formerly the API Mauritius & Indian Ocean Property Forum, is returning as a high-impact capital and investment summit that focuses on Mauritius as the centrepiece of a wider regional story where island destinations are maturing through capital investment, tourist demand and innovation.

 




  

Backed by API Events’ decades of B2B real estate, capital and hospitality events experience and headline-sponsored by Cushman & Wakefield | Broll, the event takes place at the InterContinental Resort Mauritius on 8 October. Now in its fourth edition, the event has been rebuilt around the transition from high-churn sales to institutional-grade investment, with a programme spanning regulatory changes, private credit, capital structuring and the integration of Agentic AI into dealmaking.

A maturing hospitality investment market

“The Indian Ocean is home to some of the most iconic destinations globally and the hospitality sector’s relative maturity is evidence of this, while the region still presents numerous entry opportunities for those not present,” says Wayne Godwin, Group Managing Director: International Markets, Broll Property Group.

Spearheaded by investment, real estate and hospitality leaders, the Indian Ocean Showcase programme will explore how capital is deploying across a corridor extending from Mauritius to the Maldives, Seychelles, Zanzibar, Madagascar, Réunion and Mozambique.

From growth potential to investable opportunity

The summit will also explore the growing prominence of GCC family offices and sovereign wealth funds in resort investment, alongside the shift from passive fund allocations into direct deals in hospitality, branded residences and mixed-use property.

“For investors, the opportunity across this market is not simply about identifying where growth is happening, but understanding where the fundamentals are strong enough to support investable real estate. Connectivity, infrastructure, demand and the ability to execute will increasingly determine which opportunities translate into successful transactions,” says Calvin Crick, Managing Director at Cushman & Wakefield | Broll Transactions.

Emphasis will be placed on capital-light development models and the use of branded residences to compress developer entry requirements, evidenced by a wave of branded openings from global and independent hotel groups. The investment case is further underpinned by tourism demand, with Mauritius, the Seychelles and Zanzibar all posting record visitor arrivals in 2025.

Understanding distinct markets and occupier needs

We’re excited to continue our legacy in the Indian Oceans region with this repositioned event

While hospitality remains a key component of the region’s investment story, the opportunity extends across a broader real estate landscape.

“The Indian Ocean should not be viewed as a single real estate market. Mauritius, Madagascar, Seychelles and Réunion each have distinct economic, regulatory and occupier dynamics, creating different opportunities for businesses looking to establish or expand their presence in the region. For occupiers, understanding these local market conditions will be critical to making informed real estate decisions,” says Natasha Bruwer, Managing Director: Occupier Services, Cushman & Wakefield | Broll.

The broader agenda will examine the growth drivers shaping the region, alongside lessons learnt from mature markets and against the backdrop of new flagship projects. It will also explore emerging investment themes, including the Mauritius Real Estate Index, green bond structuring against DFI and institutional ESG bankability requirements, and emerging asset classes such as senior living, digital-nomad multi-stay models, resort logistics and asset tokenisation.

A dedicated design and development track will examine how two decades of master-planning quality have shaped long-term investor confidence in the market.

Beyond hospitality

“Beyond hospitality, the combination of high ease of doing business, economic maturity, and growth makes this an attractive region for commercial, industrial, retail, residential, and other real estate asset classes. As Cushman & Wakefield | Broll, we are delighted to support this event and are pleased to have this exciting partnership in place,” says Godwin.

“We’re excited to continue our legacy in the Indian Oceans region with this repositioned event, designed to answer questions of capital structure, regulatory positioning and long-term institutional confidence across the entire corridor,” says API Events Commercial Director, Murray Anderson.

“The decision to move from a traditional property forum to a capital, investment and hospitality-focused summit reflects the rapidly changing geopolitical environment, surging tourism demand and the maturation of Indian Ocean island economies.”

Event snapshot:

8 October, InterContinental Mauritius Resort

300+ global attendees (investors, operators, developers and financiers).

60+ speakers across 14 sessions

Distributed by APO Group on behalf of API Events.

 




 

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Business

A New Category Is Emerging in the Premium Residential Market — the “Presidence”

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1 month ago

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August 13, 2026

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Presidence

Experts say a self-contained, service-led residential format built for multigenerational ownership is emerging at the very top of the market — and that demand for it is rising worldwide.
Pitch Notes:
A new tier is forming at the very top of the residential market — the “presidence”: a self-contained, 200-hectare-plus community of private residences anchored by an international five-star hotel, built to be lived in and passed down across generations. With the number of individuals worth over US$30m up by 160,000 in five years and branded residential schemes growing 19% in 2025 alone, experts argue this format now warrants a category of its own — press release attached.

SINGAPORE – Media OutReach Newswire – 13 August 2026 – Experts in premium residential real estate note that a distinct new category is forming at the top of the market, and that demand for it is rising around the world. Property market specialists describe the emerging tier as the presidence: a self-contained community of private residences bound together by shared infrastructure and anchored by a five-star hotel under an international brand — a format designed to be lived in and passed down across generations, rather than simply owned.

The trend reflects a structural shift in global wealth. According to Knight Frank’s Wealth Report 2026, the number of individuals worth more than US$30 million climbed from 551,435 to 713,626 between 2021 and 2026 — a gain of more than 160,000, equivalent to 89 people crossing that threshold every day. Forbes, meanwhile, records 3,428 billionaires worth a combined US$20.1 trillion.

This wealth is also increasingly mobile. Henley & Partners projects that 165,000 high-net-worth individuals will relocate internationally in 2026 — a 16 per cent rise on the record 142,000 of 2025 — as affluent families build cross-border portfolios of homes and residence rights rather than tying themselves to a single jurisdiction. The appetite for professionally serviced, brand-anchored homes is visible in the development pipeline: Savills reports that the number of branded residential schemes worldwide grew 19 per cent in 2025, to around 910, and is on course to reach 1,747 by 2032, with the Middle East and North Africa the fastest-growing region over the past five years, at 187 per cent.

As the apex of the wealth pyramid rises, specialists say, demand at the very top is moving away from headline price-per-square-foot toward space, privacy, wellbeing, autonomy and a home that can be held and handed down across generations. The case for treating this as a distinct category was set out in a recent column by real estate adviser Ku Swee Yong, CEO of International Property Advisor Pte Ltd and an adjunct faculty member at Singapore Management University, where he teaches Real Estate Investments & Finance.”Luxury residence has a new crown, and it has a name: presidence,” he writes.

According to the expert, a property of this kind should meet several defining criteria: it should occupy an exceptional location among peer residences, be built to the highest standards of quality, provide space, a healthy natural environment, security and self-sufficiency, and create a place where owners and their families can live out every stage of life — building careers, raising children, enjoying leisure, prioritising health and wellbeing, welcoming family and friends, and ultimately passing the home down through generations. Privacy in this case does not mean isolation: rather than retreating behind their own gates, members of the presidence become part of a carefully formed community of peers, surrounded by people with comparable values, interests and ways of life.

These principles are, in practice, being formalised into a fuller set of criteria that distinguish a presidence from a conventional luxury development. At its most complete, the format is defined by:

A five-star hotel operated by an international brand present in at least three countries, located within the development;
A single estate of 200 hectares (around 500 acres) or more;
Full-spectrum infrastructure within one perimeter — indoor and outdoor sport, a central clubhouse, wellness, dining, parks and natural areas, a medical centre, recreation and security, plus a lifestyle anchor such as a golf, equestrian or yacht club;
A clear separation of public and private zones, with residences kept behind their own multi-layered security perimeter and isolated from guest-facing spaces such as the hotel, restaurants and spa;
A 24/7 premium service model featuring a dedicated resident care team, concierge services, standardised service-level agreements (SLAs), and a digital platform for managing every household and lifestyle need;
A unified architectural code governing the style and coherence of every building on the estate;
An equal-neighbour principle, under which a community of like-minded owners who can enjoy privacy while remaining part of an engaging social environment is formed.
Fully integrated examples remain rare worldwide, and demand, specialists say, is running ahead of supply as the number of ultra-wealthy households continues to grow.

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Prosvet Communication Studio is a full-cycle communication studio working across PR and communications strategy, media relations and influence, personal branding, digital PR, events and production.

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Business

TEKCE Expands Global Reach with New Real Estate Partner and Affiliate Programs

Published

9 months ago

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December 16, 2025

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TEKCE’s new Partner and Affiliate Programs give property professionals and content creators real-time CRM visibility, white-label access to 7,000+ verified listings, and a transparent, trackable workflow for overseas sales

MALAGA, Spain, December 16, 2025/APO Group/ –TEKCE Real Estate (http://TEKCE.com/) announced an expanded Partner Program and a new Affiliate Program that make cross-border property sales more transparent and mutually rewarding. The programs run on the MyTEKCE platform and a white-label version of the TEKCE App, giving partners and affiliates real-time tracking, branded client experiences, and access to TEKCE’s 7,000+ property portfolio across Spain, the United Arab Emirates, Türkiye and Northern Cyprus.

 

“Real estate is ultimately a trust business. We built our model so every stakeholder can clearly see what’s happening, when, and why,” said Özkan Tekçe, COO of TEKCE Real Estate. “Through MyTEKCE and our partner ecosystem, you don’t just collaborate with TEKCE, you work transparently inside our system with your brand, your clients, and full process visibility from first inquiry to commission payout. Every challenge we once faced as a partner became a building block of this system. We designed this program so our partners never have to encounter those same obstacles.”

 

Global reach and local control

 

Designed for brokerages and independent advisors, TEKCE’s Partner Program (https://apo-opa.co/4s0rCpO) enables a Dubai agent serving a buyer for Spain or a Stockholm advisor serving a client for Türkiye to work within TEKCE’s infrastructure and inventory while retaining their client relationships.

 

MyTEKCE is a state-of-the-art international real estate partnership platform developed by TEKCE. It allows users to register, track, and manage clients transparently and in real-time. Partners are onboarded into MyTEKCE platform, where they can track client status in TEKCE’s CRM, buyer preferences, communication logs, viewing tours, offer stage, sales price, and commission status, reducing uncertainty and eliminating back-channel concerns.

 

Our partner and affiliate networks now span over 100 countries, supporting a shared mission: to create a transparent, tech-powered, and people-centered real estate industry

TEKCE App is available as a white-label solution so partners can present thousands of listings under their own brand identity (logo, visuals, contact links) while leveraging TEKCE’s verified, daily updated, international portfolio. This combines enterprise-grade scale with local personalization. The work hundreds of TEKCE team members put in every day ultimately flows through to our partners, empowering them with the full strength of our collective expertise.

 

A win-win model for wider audiences

 

TEKCE’s Affiliate Program (https://apo-opa.co/48XnEWA) extends beyond property professionals to alumni buyers and sellers, travel agencies, influencers, bloggers, YouTubers, SEO experts, digital marketers, and other creators with engaged audiences. After joining, affiliates generate unique links via MyTEKCE, connect their audiences to TEKCE listings, and earn referral income on verified transactions—without needing to become real estate agents. The model is engineered as a transparent, win-win system for all stakeholders.

 

Verified inventory, international footprint

 

TEKCE operates 20 offices across 5 countries, including hubs in Spain (Alicante, Barcelona, Málaga), Türkiye (Alanya, Ankara, Antalya, Bodrum, Bursa, Fethiye, İstanbul, İzmir, Mersin, Trabzon, Yalova), the United Arab Emirates (Dubai), Northern Cyprus (Kyrenia), and Sweden (Stockholm). This footprint gives partners and affiliates dependable supply and on-the-ground expertise for cross-border clients.

 

“Partnership should be measurable,” added Özkan Tekçe. “Our CRM-driven model shows every step so partners and affiliates can build long-term businesses on transparency. To support these processes, we have established a dedicated Partner Management team. All stakeholders can now manage their workflows much more easily and efficiently with the assistance of partner representatives assigned specifically to them. Our partner and affiliate networks now span over 100 countries, supporting a shared mission: to create a transparent, tech-powered, and people-centered real estate industry.”

Distributed by APO Group on behalf of TEKCE Real Estate.

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