Business News Update: MAGA ONE, Sri Lanka’s tallest A-grade office complex developed by the country’s largest construction company, Maga Engineering, has reached full occupancy within its first year of operations, making it the leading choice for global and local corporates.
A testament to MAGA ONE’s unmatched offering, the building is now home to multinational giants such as Chevron, Pearson, AkzoNobel, Wiley Global, and Wabtec Corporation, together with trailblazing Sri Lankan startups such as eMarketingEye and Digital Mobility Lanka. The latter is behind Sri Lanka’s fastest growing and largest ride-hailing service (PickMe).
Standing at 33 floors, the building is a state-of-the-art, purpose-built business tower with an array of modern, sustainable features, which is strategically located in Colombo 05, between Sri Lanka’s central business district and administrative capital Sri Jayawardenapura, Kotte.
The office complex has been built with Universal Design principles, comprehensively addressing the needs of tenants, customers, and people with diverse abilities: this holistic approach has been adopted in its environment, technologies, and processes. A perfect blend of aesthetics and functionality, MAGA ONE offers world-class corporate amenities designed to international standards, incorporating high-quality finishes, advanced technologies, and smart, multi-functional work spaces that facilitate efficient interior fit-outs. The building also comprises a restaurant, entertainment zones, and innovative public spaces, whilst a gymnasium will soon be added.
With high-speed elevators, decentralised climate control and advanced lighting systems, MAGA ONE’s high-tech building management system provides flexibility and ensures optimum energy efficiency. All of the above resulted in the property being recognised at the Asia Property Awards 2018 as the Best Office Complex and the Best Green Development.
Commenting on its success, Chairman and Managing Director of Maga Engineering Mr. M. G. Kularatne stated “we are delighted to reach full occupancy at MAGA ONE, a one-of-a-kind property that offers our tenants the perfect blend of office amenities, word class technology, and ultimate convenience. MAGA ONE has been an exciting project since inception, and we take pride in achieving this milestone; a testament to the hard work that went into creating a benchmark in Sri Lanka’s commercial space. Moreover, we were able to deliver on our promise to create a minimalist yet sophisticated building that fits well within the character of Colombo city.”
“Despite challenging economic conditions and being a new entrant in the market, MAGA ONE stood as the preferred choice amongst competing commercial properties, as we offered value to our tenants beyond a typical office space” noted the Head of Sales & Marketing of Maga Engineering, Mr. Tuan Fawaz. “Furthermore, in the face of multiple security concerns that prevailed in the past months, we responded swiftly with heightened security features, offering our tenants absolute peace of mind to excel in their work.”
The complex was designed and built by Maga’s in-house teams in partnership with architect OENS Design Studio. Maga Engineering has successfully delivered over 500 multidisciplinary projects in Sri Lanka and overseas, building a diverse portfolio of work in real estate, transport, water supply, healthcare, leisure, and commercial sectors.