Deed of Transfer Completed for Blue Ocean’s King Alfred Palace, Colombo 03 Source:-dailymirror Blue Ocean Group, a prominent name in Sri Lanka’s real estate industry, announces the successful completion of the Deed of Transfer for its King Alfred Palace development. Located at No. 45, Alfred House Gardens, Colombo 03, this property seamlessly blends modern luxury with the prestige of one of Colombo’s most sought-after neighborhoods. The King Alfred Palace marks a key achievement for Blue Ocean Group, which has completed over 235 projects and delivered 3,500 luxury units across 20 prime locations. Known for its high-quality construction, innovative design, and strategic site selection, the Group continues to attract homeowners and investors seeking properties in Sri Lanka’s most desirable areas. Despite economic and global challenges, Blue Ocean Group has maintained its reputation for delivering properties built to the highest international standards. The King Alfred Palace is no exception, offering residents contemporary ...

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Deed of Transfer Completed for Blue Ocean’s King Alfred Palace, Colombo 03 Source : dailymirror Blue Ocean Group, a prominent name in Sri Lanka’s real estate industry, announces the successful completion of the Deed of Transfer for its King Alfred Palace development. Located at No. 45, Alfred House Gardens, Colombo 03, this property seamlessly blends modern luxury with the prestige of one of Colombo’s most sought-after neighborhoods. The King Alfred Palace marks a key achievement for Blue Ocean Group, which has completed over 235 projects and delivered 3,500 luxury units across 20 prime locations. Known for its high-quality construction, innovative design, and strategic site selection, the Group continues to attract homeowners and investors seeking properties in Sri Lanka’s most desirable areas. Despite economic and global challenges, Blue Ocean Group has maintained its reputation for delivering properties built to the highest international standards. The King Alfred Palace is no exception, offering residents ...

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Blue Ocean Group of Companies Exclusive Oceanfront Living In Colombo 03 : A Luxurious Investment   opportunity Located at 06, 19th Lane, Colombo 03, this prestigious address is nestled at the gateway to the iconic CHEC Port City, directly opposite the Sheraton Hotel. Offering unparalleled convenience, you’re just steps away from Colpetty Super Market, the famous Carnival Ice Cream, and within minutes of top schools like Bishop’s College, Ladies’ College, Royal College, and more. Breathtaking Ocean View : Wake up to the serene sound of the Indian Ocean from the comfort of your home. Feel the ocean breeze as you relax in the city’s most desirable location. Impressive Infrastructure :  This apartment features 5 levels of dedicated parking, 11 residential floors, and 66 exclusive condo units. Each unit is designed to offer maximum comfort and luxury. Unmatched Amenities : Enjoy the rooftop swimming pool, fully-equipped gym, and a stylish function area—all ...

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Blue Ocean Group   Source : blueoceans facebook Despite the many challenges faced in the country and construction industry, many parallel activities continue to progress smoothly at our luxury Ocean condo project at No. 30, Hotel Road, Mount Lavinia. Blue Ocean’s highly exceptional Ocean condo apartments with plenty of access to breathtaking views of the Mount Lavinia Beach. Take the chance to unwind and live comfortably away from the stress-inducing lifestyle. Nearby Locations  Adjacent to S. Thomas College Walking distance to Mount Lavinia Beach Walking distance to Mount Hotel, Mount Breeze Hotel & Berjaya Hotel Leading Super Markets, Shopping Malls, Restaurants and Cafes Beautiful beaches to explore Mount Lavinia, a city packed with tourists, is rapidly becoming the go-to place to live and lead an impressive life with its warm sense of diverse community. Having a mushrooming reputation within expats, this city is home to the world-famous Mount Lavinia hotel–perhaps one ...

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BLUE OCEAN GROUP, POSITIONED FINANCIALLY , OPERATIONALLY AND CULTURALLY TO TRANSFORM THE CONSTRUCTION & REAL ESTATE INDUSTRY. Source:-linkedin Blue Ocean Group of Companies is a real estate conglomerate with a well-balanced portfolio. With our latest acquisition of Kelsey Developments PLC we have now entered the gated housing market. Kelsey Developments PLC is a well-established player in the real estate sector with over 200 completed projects and over 3000 satisfied customers during its 35 year span. With such an esteemed company, becoming the newest member of the group, it marks a historic milestone and further strengthens our presence in the real estate market and complements its capabilities to serve its clientele while creating greater value for customers, business partners and team members. THE BLUE OCEAN GROUP’S PROVEN STEPS TO INSPIRE CONFIDENCE AND SEIZE NEW GROWTH The dynamic Blue Ocean Group of Companies, has evolved over the years to become a versatile ...

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eLanka Newsletter – 29th January 2023 – 9th Edition Sri Lankans in Australia Click here or on the image below to read this week’s elanka Newsletter “LOST FOR WORDS” – by Des Kelly Good News From Jayam February 1, 2023 Manu Ranga Dancing Concert by Manuki Ranga Dancing School – photos thanks to Roy Grafix 19,000 people have used Australia Day to take out Australian citizenship : SBS Sinhala News on 27 Jan Chitranganee Wagiswara approved as High Commissioner to Australia St. Thomas’ College: A Wide-ranging History of the ‘School by the Sea’-by Michael Roberts “SHAMEFUL STATISTICS” – by Des Kelly Health & Views January 3rd issue – By Dr harold Gunatillake Kaleidoscope with Savithri Rodrigo 142 27 01 2023 Galmaduwa Viharaya – extraordinary building of unique architecture By Arundathie Abeysinghe The Brad and Kiara Show Podcast – 2023-1-21 75 Years – What have they done? It is a paradise ...

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Blue Ocean Group acquires 60 per cent stake in Kelsey Development – By Hiran H.Senewiratne Source:-island Leading real estate company, Blue Ocean Group, yesterday acquired a 60 per cent stake in Kelsey Development PLC for Rs. 257 million, on Tuesday, stock market analysts said. The stake amounting to 10.457 million shares was done at Rs. 24.60. The sellers were the Schaffter brothers, Praksah and Ramesh, who held 30% each. With the acquisition of control, Kelsey will be a member of the Blue Ocean Group, a pre-eminent real estate conglomerate with a well-balanced portfolio, founded by top professional cum business leader Sivarajah Thumilan who is also the chairman and CEO. Control of Kelsey was held by Janashakthi Ltd. and related parties. In September the parent, Janashakthi Ltd., sold its entire stake of 85.24 per cent or 14.85 million shares to Kelsey, to its ultimate shareholders Prakash and Ramesh with a view ...

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Blue Ocean Group buys 60% of Kelsey Developments for Rs. 257m Source : ft Schaffter brothers Prakash and Ramesh exit from 35-year-old real estate developer with over 200 projects Blue Ocean Group yesterday acquired 60% stake in Kelsey Development PLC for Rs. 257 million.  The stake amounting to 10.457 million shares was done at Rs. 24.60. The sellers were Schaffter brothers Praksah and Ramesh who held 30% each.  With the acquisition of control, Kelsey will be a member of the Blue Ocean Group, a pre-eminent real estate conglomerate with a well-balanced portfolio, founded by top professional cum business leader Sivarajah Thumilan who is also the Chairman and CEO. Control of Kelsey was held by Janashakthi Ltd. and related parties. In September the parent Janashakthi Ltd., sold its entire stake of 85.24% or 14.85 million shares Kelsey to its ultimate shareholders Prakash and Ramesh with a view of restructuring the internal balance ...

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Blue Ocean Group builds to last The reputation precedes the name of the construction and real estate giant Being a key player, contributing in various supply chains from labour, raw material and manufacturing and one of the most significant employment providers in Sri Lanka, the construction industry contributes 7.1% to the GDP of the country, employing more than 600,000 workers. Despite the global economic slowdown faced by the world across all industries, and the resulting dented optimism within the real estate and construction sector, the Colombo District Land Valuation Indicator (LVI) reported an overall 6.8% growth rate in the first half of 2021.    Overcoming challenges The skies haven’t always been rosy. Dealing with the many hurdles that the pandemic has thrown at the global economy, the construction and real estate sector too has undergone stifling challenges that have caused many smaller players to drop out of the game. Many ...

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Blue Ocean Group positioned financially, operationally and culturally to transform the construction and real estate industry The real estate giant is all geared up to meet any challenges from the future The COVID-19 pandemic has defied most economic predictions and taken a toll on the global economy, with a significant effect on most industries. While the world has not yet fully emerged from the pandemic, it is definitely in a better state than the previous years. This is true to most industries as well as the real estate and the construction sector which were braving the waves of uncertainty the pandemic has brought forth. Sri Lanka and its potential A country’s economy goes hand in hand with the real estate and construction industry. And particularly in Sri Lanka, the country has seen the capacity for exponential growth if concentrated on foreign direct investment. In fact, in the recent years, Foreign ...

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