Lloyd's Building, Colombo

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Lloyd's Building
Fort,Colombo,Sri Lanka.JPG
Location map of central Colombo.png
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Location in central Colombo
General information
Architectural styleNeo-Georgian
Address13 Sir Baron Jayatilaka Mawatha
Town or city Colombo
Country Sri Lanka
Coordinates 6°56′11″N79°50′38″E / 6.93639°N 79.84389°E / 6.93639; 79.84389 Coordinates: 6°56′11″N79°50′38″E / 6.93639°N 79.84389°E / 6.93639; 79.84389
Current tenantsEmployees' Provident Fund - Central Bank of Sri Lanka
Opened1908;113 years ago (1908)
Owner Central Bank of Sri Lanka
Technical details
Floor countfive (with a basement)
Floor area2,787 m2 (30,000 sq ft)
Design and construction
Architect Edward Skinner
Main contractorClifford Lake and Company
Renovating team
Main contractorSanken Construction (Pvt) Ltd

Lloyd's Building is a prominent five-storey 19th century building located on Sir Baron Jayatilaka Mawatha (formerly Prince Street), Colombo Fort.

The building was constructed in 1908 and originally named the 'Freudenberg Building'. It was designed by Edward Skinner and constructed by Clifford Lake and Company. [1] [2]

Initially, the main occupant of the building was Freudenberg and Company, an import and export company. [3] Freudenberg and Company was established on 1 July 1873 by Philipp Freudenberg, initially as a coffee trading company but it went onto expand into banking, imports and exports, oil milling, as well as being the agency for a number of German shipping companies, including Norddeutscher Lloyd and the Deutsche Ost-Africa Linie Steamship Company. [4] Freudenberg also served as the Imperial German Consul to Ceylon from 1876 to 1906. [5] By 1917 several floors of the building were leased out to Colombo Apothecaries Company Ltd, Shanghai Life Insurance Company, Morrison and Bell, Standard Oil Company, C. W. Mackie and Company, Clark Young and Company, Vacuum Oil Company and the Consul for the United States of America. [2] [6] In 1918 it was purchased by Aitken Spence (the sole agent of Lloyd's of London in Ceylon) and made it the company's headquarters, renaming it the Lloyd's Building. [7] [8]

In 1933, the joint owners of the building, Ian Woodford Aitken, Henry Seymour Jeaffreson, Basil Walter Cuthbert Leefe and Walter Edward Moncrieff Paterson, sold the building to Ceylon and General Properties Ltd. [1] [2] In 1950 ownership of the building was transferred to Badrawathie Fernando Estate Ltd and subsequently in 1957 to United Ceylon Insurance Company Ltd. [1] [2]

In 2009 the Central Bank of Sri Lanka purchased the building, to address the needs of the bank's growing office. [1] The renovated building was officially opened on 1 June 2011 by Gotabaya Rajapaksa, Secretary to the Ministry of Defence and Urban Development, and Ajith Nivard Cabraal, Governor of the Central Bank.

This building signifies British architectural heritage of the late 19th century. The richly decorated conference room, elegant marble corridors, classical motifs, quaint woodwork and attractive exterior design of the building symbolize commercial heyday of early 20th century in Sri Lanka. [9]

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  1. 1 2 3 4 "Newly restored Lloyd's Building opens for business today". The Daily News . 1 June 2011. Retrieved 26 February 2020.
  2. 1 2 3 4 "CB opens new building, as Colombo comes back to life". The Island . 30 May 2011. Retrieved 26 February 2020.
  3. MacMillan, Allister (2005). Extract from Seaports of India and Ceylon. Asian Educational. p. 450. ISBN   9788120619951.
  4. Wright, Arnold, ed. (1999). Twentieth Century Impressions of Ceylon: Its History, People, Commerce, Industries, and Resource. Asian Educational Services. p. 429. ISBN   9788120613355.
  5. "Sri Lanka and Germany mark 50 years of diplomatic relations". The Daily News . 27 September 2003. Retrieved 26 February 2020.
  6. "The Statist". 90. 1917: 432.Cite journal requires |journal= (help)
  7. "Ferguson's Ceylon Directory". Associated Newspapers of Ceylon Limited. 1958: 51.Cite journal requires |journal= (help)
  8. "The Aitken Spence Story 1968-2018" (PDF). Aitken Spence. 2018. Retrieved 26 February 2020.
  9. Abayasekara, Upul (2 June 2011). "Historic Lloyds Building back in business with new look". The Daily FT. Retrieved 27 February 2020.