Gateway College has taken over the ownership of the Regent Country Club in Malabe, in a landmark transaction that will pave the way for the establishment of a new state-of-the-art international school in one of the fastest-growing residential areas in the Greater Colombo region.
The landmark collaboration marks another important chapter in the growth journeys of two organisations that have made a significant impact in their respective fields.
The transaction follows a decision by the Prime Group to focus on several of its large-scale development projects while facilitating the establishment of a high-quality international school in an area where the Group has played a significant role in driving residential development.
The picturesque 3.2 acre property is already equipped with a range of well-developed facilities, including a banquet hall, conference rooms, offices, swimming pool, gymnasium and other supporting infrastructure. These facilities will provide a strong foundation for the development of a modern educational environment designed to meet the needs of a growing community.
Sandamini Perera, Co-Founder and Co-Chairperson of Prime Lands (Pvt) Ltd, said that Malabe and its surrounding areas have emerged as some of the fastest-growing regions in Sri Lanka.
“Prime Lands, together with many other developers, has contributed significantly to the transformation of this area into a highly sought-after residential region for the upper-middle-class segment of Greater Colombo’s urban population. We are delighted to see Gateway College establish its presence here, providing residents in Malabe and the surrounding areas with convenient access to an international school offering education of the highest quality,” she said.
Dr. Harsha Alles, Chairman of the Gateway Group, expressed his appreciation to the Prime Group for facilitating the transaction and supporting the process through a phased approach that made the acquisition possible.
“We are extremely grateful to the Prime Group for the manner in which they facilitated this entire process. The phased approach adopted by them enabled us to make this landmark transaction a reality,” Dr. Alles said.
