Property development is a recent addition to the many services that McLarens provides. Years after establishment, it is today the owner and manager of prime real estate in and around Colombo. McLarens Group also manages commercial office complexes, identifies means of satisfying accommodation needs, warehouse facilities and turnkey solutions for industries and office interiors.

The iconic McLarens Building is a commercial property at the heart of Colombo metropolitan area owned and managed by McLarens. TMcLarens also owns and operates Belcon Building, a commercial property in the Colombo 13.

The most recent addition to the real estate portfolio of McLarens is the prime land at 284, Vauxhall Street, Colombo 02 which is situated in an area of high commercial development. Further to this, McLarens has prime lands in Wattala and other key locations.