Sri Lanka, Oct. 27 -- John Keels Holdings Property expects the Central Business District in Colombo to outperform suburban property developments in the long term.

Though they expect there to be some short term failings in the sector due to COVID-19 they feel that the investment potential remains strong.

Head of JKH Property Nayana Mawilmada said, "Are our cities going to change? Is everyone going to move to the suburbs and Colombo falter? I think no. If I was to make a forecast you are not going to make the kind of gains you expect in the suburbs. You will probably see a much bigger rally in the centre of the city and that value will retain. COVID-19 is a blimp in time, two years maximum."

Mawilmada was speaking to Echelon on October 2...