Blue Ocean Group of Companies breaks ground for its new corporate skyscraper

Tuesday, 22 November 2016 00:42 -     - {{hitsCtrl.values.hits}}

The Blue Ocean Group of companies, one of the largest real estate and construction companies in Sri Lanka, laid the foundation stone for their new corporate office on 19 November at Havelock Place, Colombo 5.

In addition to its multiple condominium development, Blue Ocean Group of Companies broke yet another ground for its new head office. The Blue Ocean Group has bought this land and it is going to construct a 14-storey building for all purposes. It has invested more for this building and the property. This building is with the aim of not only having the entire group under one roof but also provide commercial space for banks, business centres and stations for international corporates.

Blue Ocean Group of Companies is also known as Sri Lanka’s largest condo developer having developments in eight+ cities, 28+ condo projects comprising 850+ condo units. The event was graced by several well-known industrial professionals and bankers.

Blue Ocean Group Chairman S. Thumilan said: “We are going to setup our corporate office in Colombo 5 for the Blue Ocean Group of Companies, since we realise its location and the corporate office to get foreign partnerships, dealerships and more business. At the moment we have international partners and we are providing total solution to our condominium and construction industry. We want to bring all our companies under one roof where customers can get more services.”

05-01Blue Ocean Group Group Chairman S. Thumilan, Directors and top management of Blue Ocean Group and other industrial professionals

“By next year we are going to finish many projects and are going to take more lands. We have already diversified engineering services as well. We are hoping to start office buildings because there is a huge demand for it and this is something like Dubai concept,” he said.

“We have done projects in Colombo, greater Colombo, Nuwara Eliya and Kandy and we are looking for potential places for where the demand will move out. Still we are waiting for the finalisation of the Megapolis concept,” he added.

“One of the company’s invaluable assets is human resource: Chartered architects, chartered engineers, chartered accountants, interior designers and other professionals in varied fields who have garnered extensive exposure and industry experience locally and abroad over the years. In comparison with present market standards, our professionals are highly capable of contributing to improving real estate value,” stressed Thumilan.

The company now engages in building private and public mixed project-portfolio which smoothens and stabilises their financial flow and profitability. With this growth, they will further strengthen their position and will approach high revenue projects thereby assuring their brand an enviable position not only in Sri Lanka but in the international market as well. 

05-02Blue Ocean Corporate Office Event