May, 8, 2026
HNB PLC, the leading private bank in Sri Lanka, has entered a significant new chapter in its legacy of enabling homeownership through a strategic partnership for 447 Luna Tower with Union Place Apartments (Pvt) Ltd., a Belluna Lanka company. The partnership was formalized with the signing of a MoU on 12 February 2025, establishing exclusive home financing solutions for prospective buyers of 447 Luna Tower, a completed residential development. Located in Colombo 02, 447 Luna Tower brings together well-planned design, a timeless central address, and immediate occupancy readiness.
As a key residential development by Belluna Lanka, 447 Luna Tower combines international investor confidence with local expertise, fully funded and backed by Belluna. All residences are complete and ready for immediate occupancy, with a limited release of residencies now available. This presents homeowners a rare opportunity to acquire premium property in one of the city’s most desirable locations.
HNB, Chief Operating Officer, Sanjay Wijemanne, said, “At HNB, we are committed to promoting a higher quality of life through meaningful homeownership. Our partnership with Union Place Apartments, for 447 Luna Tower enables families to access residences that reflect what today’s buyers increasingly value in quality, functionality, long-term living and our tailored financing solutions ensure that this standard of living is within reach for aspiring homeowners.”
With flexible loan structures, transparent processes, and dedicated customer support, the bank strengthens its position as a pioneering force in Sri Lanka’s private banking sector while enabling access to high-value, landmark residential properties.
“We sincerely thank HNB for their partnership and commitment to this project. By providing reliable financing solutions, HNB empowers families to achieve homeownership while nurturing financial independence. Belluna Lanka has consistently upheld a standard of excellence across all its developments and this collaboration strengthens that value. This initiative provides the community with a tangible opportunity to secure a home and plan for a stable future while maintaining a high quality of life in Colombo.” added Reyhan Morris, Managing Director, Belluna Lanka and Director, Union Place Apartments (Pvt) Ltd.
The collaboration highlights HNB’s commitment to enhancing quality of life through financial flexibility and tailored homeownership solutions. By providing structured financing and partnering with reputable developers, the bank strengthens access to premium residential properties while contributing to Colombo’s transformation into a modern, vibrant, and well-planned city.
Image Caption - HNB, Chief Operating Officer /Senior Executive Vice President, Sanjay Wijemanne and Managing Director - Belluna Lanka, and Director - Union Place Apartments (Pvt) Ltd, Reyhan Morris are seen sharing the MoU, alongside the representatives from both organizations
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