October, 22, 2026
Capital TRUST Properties (Pvt) Ltd, a leading end-to-end real estate transaction and advisory firm, has announced a strategic partnership with fast-growing integrated real estate development firm - Excello Developers, to drive the development, advisory, and commercial deployment of the Aathavan by Excello project in Dehiwala.
The collaboration leverages the core competencies of both corporate giants. Capital TRUST Properties, led by Chairperson and CEO Minoli Wickramasinghe, will serve as the exclusive strategic transaction and advisory partner, managing project positioning, market intelligence, structural advisory, and long-term value creation. Excello Developers, under the leadership of Founder and CEO Subash Thavarajasingam, will guide the architecture, interior design, and build-stage construction delivery.
Commenting on the synergy, Minoli Wickramasinghe stated "Our strategic partnership for the Aathavan project reflects the standards we consistently uphold, built on credibility, professionalism, and transparency. Real estate cannot be viewed purely as a collection of transactions; our mandate is to provide structured advisory solutions that guarantee long-term value for stakeholders. Excello's commitment to material integrity and disciplined execution provides the exact foundational assurance modern property investors demand."
Located at Carron Place in Dehiwala, Aathavan is an eight-storey eco-conscious residential development featuring 44 premium two- and three-bedroom apartments starting from LKR 38 million. The project showcases an innovative, human-centric design, fully powered by solar energy to reduce utility overheads and protect investors from volatile maintenance costs.
"The current real estate sector demands strict discipline, viability from day one, and strategic collaborations that recalibrate risk” said Subash Thavarajasingam, “At Excello, our philosophy centres on shaping functional spaces that address everyday human needs. Partnering with Capital TRUST Properties combines our integrated construction model with their peerless market intelligence and transaction networks, ensuring Aathavan sets a benchmark for sustainable luxury and financial viability in Sri Lanka."
For property buyers, this partnership provides distinct transactional and structural advantages that bridge the gap between financial security and premium construction quality. By combining Capital TRUST’s extensive institutional due diligence with Excello’s integrated architecture-and-build model, customers benefit from fully transparent land titles, clear documentation, and direct access to flexible, high-fidelity design customization. Investors can also expect enhanced long-term capital appreciation and optimal rental yields, backed by Dehiwala's prime accessibility and Capital TRUST’s robust resale and rental management network.
Through this partnership, both companies aim to address the growing demand for practical, premium urban housing options that blend architectural refinement with eco-conscious energy security.
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