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In 1926 D.R. formed the company, the Associated Newspapers of Ceylon
Ltd., the structure of which he had meticulously laid, stone upon stone.
By then he Had moved his papers and their premises from the old,
Ill-lit, poorly ventilated bungalow in Maradana into the very heart of
Colombo-Fort, where it was both prestigious and profitable to be. He had
shifted to Baillie- street and had also purchased a “prime site” on the
borders of the historic Beira Lake. Here he began to build what
naturally came to be henceforth called and is now internationally famed
as “Lake House” the heart and home of the “Lake House Group of
Newspapers” where thousands of journalists In Sri Lanka cut their teeth.