Karina Zabihi and Robert Rigg - January 2016. All Rights Reserved

BOUTIQUE HOTEL INVESTMENT OPPORTUNITY IN SRI LANKA

Unique boutique hotel investment opportunity in Sri Lanka offers:

• Outright ownership of two plots of waterfront land totalling 7 acres

• Singapore registered ownership structure with proven clean title and 20 year title insurance

• Changes made to the law in 2013 now require foreigners to have a local partner when purchasing freehold land, not the case in this investment

• Two hotels fully designed and costed; this is a turnkey develop-ment

• Total of 36 rooms. Each hotel has a 25m pool, 40 cover restau-rant, library, support facilities and staff accommodaiton

• Sri Lanka is widely acknowledged to be the fast growing tourist market in Asia in 2016

• Tourist visitor numbers have increased 20% YoY from 2011-2015

• Projected IRR of 31% over 7 years

“We believe Sri Lanka’s long terms prospects are among the most attractive in the frontier market universe…. and is a compelling place to invest on a relative basis as well as an absolute basis."

Blackrock, the World’s Largest Fund Manager

Turtle Beach

Contents:

• Introduction 04

• Executive Summary 05 • Investment Objective 05 • Why Sri Lanka? 06 • Ownership and Commercial Structure 06

• Design Concept, Site, Images and Videos 07

• Karo Villas 08 • Turtle Beach 09 • Reasons to Invest and Detailed Financials 10

• The Macro Case for Investing in Tourism in Sri Lanka 10 • Cash Flow Analysis and RoI Calculations 12 • Business Valuation and Development Timeline 16 • The Development Team 17

Turtle Beach

Karo Villas Site

Introduction

We present a unique opportunity to invest in two luxury boutique beachfront hotel developments on the south coast of Sri Lanka, the fastest growing premium tourist destination in Asia in the last 3 years.

The two developments, 20km apart, have a total of 36 rooms, come with 25m pools, 40 cover restau-rants, library and other amenities and are fully designed and costed with a detailed completion budget. Investors would own title to both pieces of land.

What follows is a detailed back-ground of the financial model supporting the project and the macro-economic case for why Sri Lanka is set to rival Bali and Phuket as Asia’s hottest tourist destination over the next 5 years. In addition, we explain the background behind the design concept of each site and offer a fly through video and mock ups of the villas.

This is effectively a turnkey invest-ment opportunity with the first property coming on stream within 9 months of closing funding and the second property open for business within 2 years. RekewaNilwellaGalle

The opportunity for an investor is to participate in a high yielding tourism and hospitality project while also retaining the long term upside of the appreciation in land value. Unlike many other property investment opportunities in Asia, investors in the project would have full title to the land without the complicated local partner structure that often exist in places like Indonesia and Thailand. Clean title to both pieces of land have been proven and we have 20 year title insurance underwritten by Allianz AG.

Since purchasing the land in 2012, foreign ownership laws have changed and are now similar in structure to the aforementioned laws in Thailand and Indonesia. As the law stands, it is currently impossible for foreign investors to buy freehold land; they either have to invest alongside a local partner or buy a long lease from a local owner.

Executive Summary

Investment Objectives

The founding investors purchased approximately 7 acres of land in Sri Lanka in 2012 with the view of building two luxury boutique hotels. The land, 3 acres of cliff top near Nilwella (5.960840, 80.714364), Karo Villas, and 4 acres of beach-front near Rekewa (6.046513, 80.854890), Turtle Beach, sit 10km either side of Tangalle.

Planning and design for Karo Villas started in 2013 and a fully costed and tendered design and build budget were completed at the end of 2014. A similar process was undertaken for Turtle Beach and was completed at the end of 2015.

Karo Villas Site

Boundary of Rekewa Property Indicated by Red Line

Boundary of Nilwela Property Indicated by Red Line

Why Sri Lanka?

With a highly educated population and an enviable geographic location, Sri Lanka is only now starting to make up the gap between itself and other SE Asian counties resulting from a 25 year civil war. Whether as a stopping off point for interna-tional trade or as a tourist destina-tion sitting on the equator with year round coastal temperatures sitting between 22-32C, Sri Lanka looks set to be one of the best performing markets in Asia in the next 5-10 years.

Nilwela Beach (Pte) Ltd (Singapore)

Nilwela Beach (Pvt) Ltd (Sri Lanka)

Nilwela Beach Holdings (Pvt) Ltd (Sri Lanka)

Rajapaksa’s succession by Maithripa-la Sirisena in early 2015, both at a Presidential and Governmental level, has lead to significant progress in terms of post war reconciliation. The new president has also made considerable progress in cutting down on corruption and other investor friendly initiatives such as installing former international HSBC banker Arjuna Mahendran as Central Bank Governor.

Despite a torrid year for investors in Emerging Markets worldwide, a combination of strong tourism revenues and overseas worker remittances has left Sri Lanka weathering the storm relatively unscathed.

Commercial Structure

As previously commented, title for both pieces of land is clean, proven and has title insurance. As indicated in the charts on the right, both pieces of land are owned by sepa-rate Sri Lankan companies, which are in turn owned by Singapore registered companies. Karina Zabihi and Robert Rigg are the beneficial owners of both Singaporean enti-ties. Investors in the project would take ownership in these companies.

For investors, the Singapore owner-ship structure creates a very tax efficient vehicle when it comes to realising capital gains on exit as well as remittance of dividends during the life of the project (there is a zero tax treaty between Sri Lanka and Singapore). The additional security for investors comes from the companies being obliged to follow Singapore’s strict Corporate Governance laws.

Funds for the development of the project would be transferred from Singapore to Sri Lanka via an SIA (Sri Lankan Investment Account) to facilitate the remittance of dividends over the life of the product.

Karina Zabihi and Robert Rigg would retain stakes in the business and, subject to the approval and wishes of the investors, agree to commit to the development and project management of both sites for a period of 12 months after the opening of Karo Villas.

Turtle Beach Holdings (Pte) Ltd (Singapore)

Turtle Beach (Pvt) Ltd (Sri Lanka)

Turtle Beach Holdings (Pvt) Ltd (Sri Lanka)

Relative performance in US$ of the Colombo Index vs MSCI Emerging Market Index from Jan 2013

Colombo Index has out performed the MSCI in $ by 36% over the last 3 years.

Towards the top of the site will be a fully stocked library and games

room as well as a screening room, while down at the beach will be the

large dining room and bar club-house and a 25m swimming pool.

Massage therapies and yoga will be provided at the secluded ambalama

within the grounds.

As with every Karo Lifestyle experi-ence, Turtle Beach will be a voyage

of discovery – pockets of whimsy and delight

when least expected.

Karina ZabihiKaro Lifestyle

September 2015

Karo Lifestyle

Karo Villas and Turtle Beach are two distinct concepts united by the Karo Lifestyle ethos – inspired design, attention to detail and a unique and distinctive guest experi-ence.

Karo Villas

Karo Villas offers a minimalist and modern design concept with 80sqm villas incorporating bedrooms, bathrooms and living rooms with high-end designer furniture, a fully stocked bar, terraces and plunge pools with stunning ocean views. There is also a 40-seater restaurant with open chef’s kitchen, a 25m pool, library and a maze leading to a multi-purpose leisure ‘tree house’ in the grounds.

Click the image above to watch the aerial fly through

Click the image above to watch the 3D Rendering of the Proposed Development at Nilwela.

Turtle Beach

Turtle Beach offers luxury 50sqm (1-bed) and 100sqm (2-bed) ‘safari’ tented accommodation in a more relaxed setting but with the same

attention to detail. Turtle Beach also has a 25m pool, 40 seat restaurant,

library and bar.

Guests are encouraged to take advantage of both boutique hotels

during their stay in Sri Lanka. A shuttle service will be provided to

transfer guests between properties.

In the pipeline is The Club, a private members club and residence in

Colombo. As well as being a stand alone commercial entity, the

purpose would be to build aware-ness of the brand and drive traffic

to the properties from Colombo at the weekend. Fund raising for this

would be done separately but investors in this project would have

the first option to invest in The Club.

Karo Villas from the poolKaro Villas

Turtle Beach

Sensuousness

The site has been selected for its sea views and elevated aspect and the design seeks to celebrate these qualities. The entire estate should appeal to all five senses.

Meandering paths, secret scented gardens, private plunge pools, a maze and multi-purpose ‘tree house’ offer a range of sensuous diversions for the visitor. The restaurant will celebrate a fusion of locally sourced products, avoiding anything air-flown where possible, with modern international influences.

The careful selection and use of materials and textures ensures that both the landscape and accommo-dation will provide a unique experi-ence for all the senses.

Authenticity

The natural elevation allowed us to create green roofs to conceal the villas creating a more private composition throughout the prop-erty. The villas all have stunning views and while all adhere to the Karo Lifestyle aesthetic, each is unique in the furniture and fittings and free from contrivance and transient fashions. The buildings are not imitative of the local vernacular. They respond, instead, to the cliff top location and are of an appropri-ate scale for the overall aesthetic.

Design + Operation Philosophy

The guest experience

Flexibility, conviviality and consider-ation are among the key goals at

Karo Villas. The accommodation is suited both to families and to

independent travellers wanting a relaxing getaway. Depending on the

time of day, meals can be taken in the villas, in the Library, at the poolside restaurant and at the

chef’s show kitchen. Each villa will have a fully stocked bar and guests have the option of having pre-din-

ner drinks in their villas or of joining other guests for complimen-

tary canapés in the Library.

Design + Operation Philosophy Simplicity

The design aesthetic for Karo Villas is about simplicity. Simplicity in the materials used, simplicity and honesty in the design of the villas, simplicity in the building form, technical details and operation. The design is also about creating an intimate and private experience for our guests while also creating pockets of whimsy and elements of surprise throughout the resort.

The Villas

Grass Roofs from Entrance

Library

Towards the top of the site will be a fully stocked library and games

room as well as a screening room, while down at the beach will be the

large dining room and bar club-house and a 25m swimming pool.

Massage therapies and yoga will be provided at the secluded ambalama

within the grounds.

As with every Karo Lifestyle experi-ence, Turtle Beach will be a voyage

of discovery – pockets of whimsy and delight

when least expected.

Karina ZabihiKaro Lifestyle

September 2015

The Guest Experience

The many natural elevations of the land mean that the tented villas will each have their own privacy, enhanced by natural landscaping, but without seeming ‘manufactured’.

The tents are manufactured in South Africa by Canvas and Tent, a company with over 40 years experi-ence in the safari business.

Sensuousness

The design is understated elegance, a muted palette of whites, off-whites and ecru with both modern and vintage furniture – evocative of original 1930s safari lodges – the kind of place Ernest Hemingway might have stayed in were he alive and in Sri Lanka! Each suite will have a large outdoor deck space and feature claw foot bath tubs, complimentary drinks trolleys and Karo Lifestyle accessories.

Grass Roofs From Entrance

The Villas from Pool

Sample Image Only

Design Philosophy

Set in a natural conservation area where turtles regularly come to breed, Turtle Beach by Karo Lifestyle offers a new concept in hotel design and a different kind of travel experience in Sri Lanka – luxury tented accommodation on the beach.

Apart from wanting to introduce a ‘luxury safari experience’ to the southern coast of Sri Lanka, our idea was also to create a more eco-friendly resort – no concrete, no permanent structure and provi-sions to convert the site to run entirely on solar power within 2 years of opening. This is the essence of elegant simplicity.

Sample Image only

Sample Image only

Reasons to Invest and Detailed Financials

The Macro-Economic Case for Investing in Tour-ism in Sri Lanka

The National Case:

For obvious reasons, Sri Lanka wasn’t able to capitalise on the growth in mid and high end tourism during the war years. It is now starting to make up ground and is doing so very quickly. Since 2010, tourism visitor numbers have grown 20% year on year (see chart attached).

While backpacker numbers stayed steady from 2000-2010, the lack of premium travellers meant a very limited supply of high end resorts and hotels. While the skyline of Colombo is changing rapidly, (new developments by Hyatt, Hilton and Shangri-La are currently under construction) there is still a short-age of supply on the south coast. With continually rising visitor numbers and the growth of a ‘summer season’ for northern hemisphere travellers, we can expect occupancy rates to be strong.

Geographically and culturally, Sri Lanka is also perfectly suited to capitalise on the growth in tourism from the Indian sub-continent and the Gulf States. While this is a very rough estimate, in excess of 2bn people live within a 4-hour flight from Sri Lanka.

High levels of education, excellent levels of English and a returning diaspora, many of whom have extensive hospitality experience in the Gulf, make Sri Lanka one of the top travel destinations in 2015 and 2016 with publications as varied as Lonely Planet, Qantas and the UK’s Guardian and FT newspapers.

In January, Sri Lanka topped a poll of 7 industry experts in a survey for the FT as their prediction for the country most likely to experi-ence significant growth in 2016.

"Political stability has finally taken hold and the portfolio of character-driven boutique hotels has hit a tipping point of geographical coverage and diversity.

It’s like taking all the diversity of India and shrinking it to a navigable and digestible size”

Financial Times, Jan 2016

“There are few places in the world where you can experience such a variety of countryside and climates: hot sandy beaches, cool hillside terrains, lush rain forests and elephant filled national parks are just some of the reasons why Sri Lanka is known as the ‘pearl of the Indian Ocean’”

Conde Naste Traveller, Jan 2016

Sri Lanka - T20 Winners 2014

Sri Lanka Tourist Visitor Numbers: 2011 - 2015

Jan

50,000

100,000

150,000

200,000

250,000

Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Reasons to Invest and Detailed Financials

The Macro-Economic Case for Investing in Tour-ism in Sri Lanka

The Local Case:

Tangalle, the closet town to both properties, is a fast growing tourist hub on Sri Lanka’s popular and quickly developing south coast, 80km east of the UNESCO World Heritage site of Galle Fort. Trans-port links are among the best in Sri Lanka with the recently completed Southern Expressway reducing transit times from Colombo by more than 60%. Both sites are less than a one hour transfer from the new airport at Hambantota which, while currently only servicing domestic routes will, over time, become a key tourist hub.

There is also an existing sea plane route from Colombo or Galle to the south coast landing 15 minutes from Karo Villas which we expect to appeal to our target demograph-ic.

Tangalle is also a key destination for tourist itineraries that take in Sri Lanka’s world renowned Tea Coun-try, Yala National Park and want to finish on its beaches. Reflecting the increased interest on the South Coast, the Shangri-La group will soon open a 300 room hotel less than 30 minutes east of Tangalle at Ambalantota, with easy access to the airport at Hambantota.

While the Shangri-La is obviously a very welcome addition to the South Coast in terms of driving tourism, the area is still significantly short of smaller premium properties. The only other properties operating in the area and at this level are the Amanwella and Cape Welligama. Rack rate for both properties are in excess of US$1,000 per night.

UNESCO World Heritage site of Galle Fort

Yala National Park

Sigiriya Rock

Karo Villas

Commercial Appraisal Summary

Assumptions USD Rooms 16Design & Construction Period 2 YearsOperational Period (pre-Sale) 7 YearsCapitalisation Rate on Earnings (Year 7) 15%Debt 0 Equity (Land & Cash) 2,529,721

Net Development Value Cumulative Net Income (to Year 7) 10,878,442Sale Price at Year 7 12,238,967

Total 23,664,552

Net Development Cost

Construction Cost 3,078,320Consultants 410,156Site Costs 1,319,986Associated Development Costs 571,104Finance Costs ` 0

Total 5,309,323

Profit USD

Development Profit Only 6,929,644As Profit on Cost 130%Combined Profit (Dev & Operational Income) 18,355,230As Profit on Cost 340%

Equity IRR 36.6%Project IRR 36.8%

Assumptions

Total Rooms 16Design & Construction 2 YearsOperational Period (pre-Sale) 7 YearsCapitalisation rate on Income 15%Debt 2,187,629

Construction and Development costs are based on straight line escalation of build cost as obtained in competitive tender in 2014

Land priced as per open market valuation

Operational Overheads and Running Costs based on Industry Standard Benchmark within Indian Ocean area

Exit Value based on Capitalisation Rate of 15% (YP=6.6 x multiple)

Numbers prepared by Murray Adair of Infuse Projects Ltd, Mauritiushttps://www.linkedin.com/in/murray-adair-1b01b924

Numbers prepared by Murray Adair of Infuse Projects Ltd, Mauritiushttps://www.linkedin.com/in/murray-adair-1b01b924

Cash Flow Summary

1) INCOME AND EXPENSES Year of Sale

Year 1 2 3 4 5 6 7 8 9 10

INPUTS

No of Units 0 0 16 16 16 16 16 16 16 16

ADR USD 0 0 57,600 60,480 63,504 66,679 70,013 73,514 77,190 81,049

Occupancy Rate 0% 0% 55% 65% 75% 70% 70% 70% 70% 70%

REVENUE

Total Revenue 100.00% - - 3,023,059 3,751,341 4,544,894 4,453,996 4,676,696 4,910,531 5,156,057 5,413,860

Total Expenses - - 1,003,353 1,149,411 1,199,398 1,175,410 1,234,180 1,295,889 1,360,684 1,428,718

TOTAL INCOME (Revenue less Expenses) - - 2,019,706 2,601,930 3,345,497 3,278,587 3,442,516 3,614,642 3,795,374 3,985,143

67% 69% 74% 74% 74% 74% 74% 74%

Total Operating Expenses - - 680,188 844,052 1,136,224 1,113,499 1,169,174 1,227,633 1,289,014 1,353,465

EBITDA - - 1,180,204 1,564,942 1,984,594 1,854,965 1,944,657 2,044,294 2,148,913 2,252,742

Total Finance Costs - - - - - - - - - -

NET INCOME - - 846,034 1,230,771 1,650,424 1,520,794 1,610,486 1,957,657 2,062,276 2,166,106

(Cumulative Net Income) 2,076,805 3,727,229 5,248,023 6,858,509 8,816,166 10,878,442 13,044,547

All figure in USD

Construction Period

Karo Villas

Turtle Beach

Commercial Appraisal Summary

Assumptions USD

Rooms 20Design & Construction Period 2 YearsOperational Period (pre-Sale) 7 YearsCapitalisation Rate on Earnings (Year 7) 20%Debt 0 Equity (Land & Cash) 4,582,674 Net Development Value Cumulative Net Income (to Year 7) 8,859,931Sale Price at Year 7 7,103,521Less Allowance for Tent replacement (500,000)

Total 15,463,452

Net Development Cost

Construction Cost 2,726,594Consultants 181,875Site Costs 1,584,258Associated Development Costs 513,669Finance Costs ` 0

Total 5,506,138

Profit USD

Development Profit Only 1,597,383As Profit on Cost 29%Combined Profit (Dev & Operational Income) 10,957,314As Profit on Cost 190%

Equity IRR 26.0%Project IRR 26.0%

Assumptions

Total Rooms 20Design & Construction 2 YearsOperational Period (pre-Sale) 7 YearsCapitalisation rate on Income 20%Debt 2,187,629

Construction and Development costs are based on straight line escalation of build cost as obtained in competitive tender in 2014

Land priced as per open market valuation

Operational Overheads and Running Costs based on Industry Standard Benchmark within Indian Ocean area

Exit Value based on Capitalisation Rate of 20% (YP=5 x multiple)

Numbers prepared by Murray Adair of Infuse Projects Ltd, Mauritiushttps://www.linkedin.com/in/murray-adair-1b01b924

Cash Flow Summary

1) INCOME AND EXPENSES Year of Sale

Year 1 2 3 4 5 6 7 8 9 10

INPUTS

No of Units 0 0 20 20 20 20 20 20 20 20

ADR USD 0 0 240 252 265 278 292 306 322 338

Occupancy Rate 0% 0% 55% 65% 75% 70% 70% 70% 70% 70%

REVENUE

Total Revenue 100.00% - - 2,267,294 2,813,506 3,408,671 3,340,497 3,507,522 3,682,898 3,867,043 4,060,395

Total Expenses - - 752,515 862,058 899,548 881,557 925,635 971,917 1,020,513 1,071,538

TOTAL INCOME (Revenue less Expenses) - - 1,514,779.20 1,951,447.68 2,509,122.42 2,458,939.97 2,581,886.97 2,710,981.32 2,846,530.38 2,988,856.90

67% 69% 74% 74% 74% 74% 74% 74%

Total Operating Expenses - - 510,141 633,039 852,168 835,124 876,881 920,725 966,761 1,015,099

EBITDA - - 876,281 1,163,711 1,478,450 1,381,228 1,447,197 1,521,925 1,600,389 1,676,756

Total Finance Costs - - - - - - - - - -

NET INCOME - - 783,531 1,070,961 1,385,700 1,288,478 1,354,447 1,449,175 1,527,639 1,604,006

(Cumulative Net Income) 783,531 1,854,492 3,240,192 4,528,670 5,883,117 7,332,292 8,859,931 10,463,937

All figure in USD

Construction Period

Turtle Beach

Development and Investment Time Line:

On receipt of funds from investors:

• Previously and provisionally granted planning permission would be applied for

• For Karo Villas, contractors from the previous tender would be contacted and asked to re-submit tender applications

• We would expect to break ground on Karo Villas after 3 months• Order would be placed with Canvas and Tent of South Africa for Turtle

Beach• Infrastructure work would begin on site at Turtle Beach in parallel with

manufacturing of the tents• A GM for both properties and individual Assistant GMs would be recruited

immediately ground has been broken• A PR company would be retained to launch the properties with a soft

opening of Turtle Beach planned for 9 months after receipt of funds from investors

After 6 Months:

• Installation of tents would commence at Turtle Beach • Staff training for Turtle Beach commences

• Foundations completed for Karo Villas

After 9 Months:

• Turtle Beach opens• Karo Villas is expected to open 18 months after breaking ground

The process of dealing with contractors is very thorough in Sri Lanka. Once tender is awarded, the contractor must place 20% of the total value of the

contract in escrow with a local bank. This money is only released after pre-agreed milestones are achieved.

Investment Terms

Total investment required: $10mMinimum investment: $1mLock up period: 7 years

Sale and transfer of shares before the end of the lock up period permitted subject to terms and conditions laid out in the Shareholders Agreement.

This publication is for general circulation only. It does not form part of any offer or recommendation, or have any regard to the investment objectives, financial situation or needs of any specific person. Before committing to an investment, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and read the relevant product offer documents, including the risk disclosures. If you do not wish to seek financial advice, please consider carefully whether this opportunity is suitable for you.

Turtle Beach at SunsetTurtle Beach

Development team

Karina Zabihi

Karina wanted to be a designer from the age of 15 and, as a child of English and Persian parents having grown up in Iran, spending time there and in the UK, she feels at home anywhere in the world. Karina’s approach to design came about in a non traditional manner.

Having studied languages at University and spending a number of years as an interpreter she then spent two years doing voluntary work in China. 1987 saw her move to her ‘beloved Hong Kong’ where she lived for 7 years work-ing for the Arts Festival and hosting her own arts show on RTHK. Returning to the UK in 1994, she achieved a Masters in Films Studies and produced and directed a number of shorts, the last of which screened in Cannes and is in the permanent collection at the BFI.

The purchase and renovation of her own house in 1997 finally allowed her to realise the dream of her childhood and embark on a career in design as an interior architect. Numerous commercial and residential projects followed in Singapore, France and the UK before the purchase of land in Sri Lanka in 2012 lead to the creation of Karo Villas and Turtle Beach. Karo Lifestyle was launched in Hong Kong in 2015. She has also published a collection of interior design books under the heading The Contemporary Asian Home and her work has been featured in magazines, newspapers and architectural books.

Karina’s portfolio of past projects can be viewed at www.kzdesigns.com

Robert Rigg

Robert’s background involves managing a range of businesses, the majorityrelated to financial and professional services. Having graduated in Economicsfrom Cambridge University, Robert spent 14 years in Investment Banking inLondon, Hong Kong and New York. This included 9 years at Credit Suissewhere he managed the currency and fixed income business, a portfolio of $1bn of assets, in Eastern Europe, the Middle East and Africa.

Leaving banking in 2005, Robert has spent the last 10 years running two businesses in Singapore, Hong Kong and China. Bamboo is Leadership Devel-opment and Experiential Learning business delivering multi-day mass partici-pation team building events for clients such as PwC, Barclays, ING, SmarTone-Vodafone, MTR and CLP. Bamboo has also partnered with INSEAD Professor Horacio Falcao to deliver bespoke negotiation training for clients in financial services industry. In addition to Bamboo, Robert formed Logopaint Asia, a JV with Logopaint of Den-mark, to exploit their world-wide patent for 3D Sport Signage in Asia. Clients include VW, Cathay Pacific, HSBC and Toshiba.

The truth is that his first love has always been developing property and when the sale of a property in Singapore coincided with his first trip to Sri Lanka, he couldn’t resist the opportunity to create some-thing stunning on a green field site.

Karo From the Ocean

BOUTIQUE HOTEL INVESTMENT OPPORTUNITY IN SRI LANKA

Karina Zabihi and Robert Rigg - January 2016. All Rights Reserved