Softlogic to operate Independence Arcade for 10 years

Softlogic to operate Independence Arcade for 10 years

The lease agreement for the Independence Arcade which was under the Urban Development Authority has been handed over to Softlogic Holdings PLC under a 10-year- lease agreement.

Softlogic Holdings PLC has been granted the management, barring ownership, of the shopping complex.

As the shopping complex is located in a central point in Colombo the Company intends on developing it into a luxury mall. said Ashok Pathirage, Chairman of Softlogic Holdings PLC.