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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.