73Avenue Realtors, a luxury real estate firm in Sri Lanka that was founded during the COVID-19 pandemic, has officially launched its new headquarters at 103 Barnes Place, Colombo 7. This development signifies a key moment in the company’s evolution and its goal of transforming the real estate experience.
Established in 2020 by Arshad Mohideen and Akram Mohideen, 73Avenue emerged at a time when conventional property viewings were severely limited due to pandemic restrictions. With international travel halted and potential buyers unable to visit properties in person, the founders recognized a unique opportunity to innovate the traditional real estate approach.
Instead of waiting for the market to stabilize, 73Avenue adopted an experiential marketing strategy, leading the way in virtual property tours in Sri Lanka. This initiative enabled buyers to explore and assess properties from a distance. In a short span, 73Avenue distinguished itself in the industry, creating a brand focused on luxury property sales, rentals, and investment, with a strong commitment to technology, personalized service, and client experience.
Submit Your Press Release
Get your company news, announcements, launches, appointments and events in front of a wider audience.
Currently, the company boasts a team of over 15 property consultants catering to a growing affluent client base both locally and internationally. Its ambitions have also expanded beyond Sri Lanka, establishing a presence in Dubai and forming partnerships in Australia, Canada, and the United Kingdom. This international network aims to connect Sri Lankan investors with global property opportunities while promoting Sri Lankan real estate on an international platform.
“Our focus has always been on our clients’ real estate aspirations, not just transactions,” stated Arshad Mohideen, Co-Founder of 73Avenue Realtors. “From the outset, we have endeavored to view the industry from a different perspective. We launched during the pandemic by assessing how we could enhance property accessibility for those unable to travel. This mindset of challenging norms remains central to our philosophy at 73Avenue.”
The new office, situated in one of Colombo’s most prestigious areas, is designed to enhance 73Avenue’s capacity to offer a more sophisticated and complete experience to its clientele.
In addition to sales and rentals, the company is broadening its services to encompass property management, interior design, and real estate portfolio management. This expansion allows clients to access a comprehensive range of property-related services from a single source.
This development also reflects the evolving needs of the company’s clientele, especially high-net-worth individuals and investors who increasingly view real estate as a vital element of long-term wealth generation and portfolio diversification.
“Our clients desire more than mere transactions,” noted Javeen Soysa, Director of Growth. “They seek reliable advice, access to appropriate opportunities, asset management support, and a partner who comprehends their extensive real estate portfolio. The new headquarters provides us with the foundation to enhance that offering.”
Since its launch, 73Avenue has been guided by the belief that the real estate sector can be more innovative, experiential, and client-focused. By embracing virtual tours, digital marketing strategies, international collaborations, and a broader array of services, the firm aims to transcend the conventional brokerage model.
As the Sri Lankan property market continues to transform and local investors explore options beyond traditional asset types and geographical limits, 73Avenue asserts that the future of real estate will hinge on the quality of guidance, experience, technology, and the relationships fostered within the industry.
“This expansion is not just about acquiring a larger office; it represents the foundation for the next chapter of 73Avenue,” remarked Akram Mohideen, Director of Operations. “We aim to solidify our status as a significant player in the market while continually redefining the concept of a modern real estate firm from Sri Lanka.”
The inauguration of the Barnes Place headquarters signifies another pivotal moment in 73Avenue Realtors’ journey, evolving from a company launched during a global crisis to a burgeoning regional real estate brand that connects Sri Lankan properties with the global market and facilitates international investment opportunities for Sri Lankan investors.
