Crescat Investments (Pvt) Ltd (CIPL) is a property management company that manages 17 apartments at Crescat Residencies and 4 apartments at the Monarch Residencies, and intends to invest further in similar projects in the future. These fully furnished apartments are available for rent on a short term basis, with luxurious amenities such as swimming pools, gymnasiums, car parks and round the clock security. Crescat Investments is the latest venture of East West Properties PLC (EWP), a conglomerate which was established in 1975, and has many areas of activity including Destination Management, Financial Services, and Media. EWP manages an investment portfolio valued at over LKR 300 million in Sri Lanka and Singapore.
As a listed company on the Colombo Stock Exchange with a market capitalization of LKR 1.5 billion, EWP has its core business in real estate development; focusing on the rental of its commercial warehousing complex in Peliyagoda, Sri Lanka. Its newest project is the construction of Sri Lanka's first Marriott Hotel located in the beautiful bay of Weligama - South of the Island. The construction of this 200 room Hotel Resort and Spa began on the third quarter of the financial year 2011/2012.