{"id":108103,"date":"2023-02-01T10:11:34","date_gmt":"2023-02-01T10:11:34","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=108103"},"modified":"2023-02-01T10:17:55","modified_gmt":"2023-02-01T10:17:55","slug":"blue-ocean-group-positioned-financially-operationally-and-culturally-to-transform-the-construction-real-estate-industry","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/blue-ocean-group-positioned-financially-operationally-and-culturally-to-transform-the-construction-real-estate-industry\/","title":{"rendered":"BLUE OCEAN GROUP, POSITIONED FINANCIALLY , OPERATIONALLY AND CULTURALLY TO TRANSFORM THE CONSTRUCTION &#038; REAL ESTATE INDUSTRY."},"content":{"rendered":"<header aria-label=\"Newsletter header\">\n<h2 class=\"text-display-large-bold pt6\" dir=\"ltr\" style=\"text-align: center;\"><strong><span style=\"color: #000080;\">BLUE OCEAN GROUP, POSITIONED FINANCIALLY , OPERATIONALLY AND CULTURALLY TO TRANSFORM THE CONSTRUCTION &amp; REAL ESTATE INDUSTRY.<\/span><\/strong><\/h2>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-108031 aligncenter\" src=\"https:\/\/media.licdn.com\/dms\/image\/D5612AQGFaiwGsrRH2w\/article-cover_image-shrink_423_752\/0\/1675244017950?e=1680739200&amp;v=beta&amp;t=QGEpdCA1kWOspu0Y3Qsno0uK1S-2zSFxnTMqQbFELtU\" alt=\"Kelsey Development PLC\" width=\"477\" height=\"446\" \/><\/p>\n<p><span style=\"color: #000000;\">Source:-<a style=\"color: #000000;\" href=\"https:\/\/www.linkedin.com\/pulse\/blue-ocean-group-positioned-financially-operationally-\/\" target=\"_blank\" rel=\"noopener\">linkedin<\/a><\/span><\/p>\n<div>\n<div class=\"reader-article-content reader-article-content--legacy-html reader-article-content--x-theme\" dir=\"ltr\">\n<p><span style=\"font-size: 16px; color: #000000;\">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.<\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\"><strong>THE BLUE OCEAN GROUP\u2019S PROVEN STEPS TO INSPIRE CONFIDENCE AND SEIZE NEW GROWTH<\/strong><\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\">The dynamic Blue Ocean Group of Companies, has evolved over the years to become a versatile conglomerate, and adopts an inspired namesake from the \u201cBlue Ocean Strategy\u201d; one that describes growth and profit. With a diverse portfolio to its name that includes its flagship brand Blue Ocean, the Group takes bold strides as it strives to uphold a reputation of ethical, innovative and constructive practices not only in Sri Lanka. The core business philosophy behind the Company is the \u201cBlue Ocean Strategy\u201d, which generally refers to \u201cthe creation by a company of a new, uncontested market space that makes competitors irrelevant and that creates new consumer value, often while decreasing costs.\u201d In other words, creating and taking a completely new concept to the market, by lowering costs, thereby delivering an affordable product to existing and new customers, while eliminating competition.<\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\"><strong>REDIFYING THE REAL ESTATE &amp; CONSTURCTION INDUSTRY<\/strong><\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\">Blue Ocean Group of Companies is a dominant force in the growth of Sri Lanka\u2019s construction industry with its multifaceted organizations in construction, engineering and design. The company operates with the vision of providing stakeholders with the highest level of professional services unparalleled by any, through commitment, ethical and timely services exceeding the expectations to achieve strong lasting relationships. The Group\u2019s proven track record of excellence can be attributed to its emphasis on innovation, strategy and sustainable growth..\u00a0With the support of its construction arm Link Engineering (Pvt) Ltd the Blue Ocean Group continues to work on its existing high-rise projects in Colombo, Mount Lavinia , Nugegoda, Nuwara Eliya and its gated housing project in Ja-Ela.<\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\"><strong>KELSEY DEVELOPMENTS PLC \u2013 CELEBRATING 40 YEARS OF HOUSING EXCELLENCE.<\/strong><\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\">Kelsey Developments PLC, a company listed on the Colombo Stock Exchange is the premier housing developer in Sri Lanka with over 40 years of expertise and a portfolio of over 200+ real estate and housing projects completed. Kelsey Homes is synonymous with gated housing developments and luxury living. The Company\u2019s successfully completed and ongoing projects include Templer\u2019s Square in Mount Lavinia, Riverside Luxury Bungalows, Verdant Villas Negombo, Urban Gateway Kottawa, Urban Heights Wattala, Central Park Ja-Ela, and\u00a0Kelsey Palace luxury &#8211; a high-rise apartment project in Nugegoda.<\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\">Kelsey Developments has also refreshed its director board with a group of well-renowned industry professionals who have the privilege of taking Kelsey forward to its next chapter. The board includes Mr. Sivarajah Thumilan Group Chairman\/ CEO, Mrs. Suranee Thumilan and Mr. Namal Godellawattage who are the executive directors, while Mr. Prakash Schaffter, Mr. Sarravanan Neelakandan, Mr. Bradley Emerson and Mr. Wasantha Galagoda, join the board as non-executive directors.\u00a0\u00a0<\/span><\/p>\n<figure><span style=\"font-size: 16px; color: #000000;\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-108011\" src=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2023\/01\/Blue-Ocean-Group-acquires-60-per-cent-stake-in-Kelsey-Development-6-1.jpeg\" alt=\"Blue Ocean Group acquires 60 per cent stake in Kelsey Development (5)\" width=\"600\" height=\"600\" \/><\/span><\/figure>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px; color: #000000;\"><strong>LINK ENGINEERING \u2013 THE CONSTRUCTION GIANT SINCE 1981<\/strong><\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\">Link Engineering (Pvt) Ltd, a proud member and the construction arm of the Blue Ocean Group of Companies, is a household name in Sri Lanka for construction and is one of the first few construction companies in the country with experience spanning over four decades. Having been recognized with many awards for their construction excellence over the years, Link Engineering has-undertaken a number of successful government and non-government projects in the past and continues to forge ahead in its trail blazing journey, keeping in line with their promise of quality, stability and integrity. The company currently has a number of condominium projects as well as a variety of public and government projects such as hospitals and universities under its wing that have been entrusted to the group and continue to be the construction partner for Kelsey Homes projects.<\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\">The company is currently involved in a large number of construction projects that range from local and Indian government-funded constructions such as universities and infrastructure projects to urban luxury condominiums. As a member of the Blue Ocean Group, Link Engineering has already provided a sound financial plan for 2023 and 2024 with many condominium and government constructions in Jaffna, Trincomalee, Kandy, Gampaha, Colombo, Ja Ela, and Nuwara Eliya.<\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\">However, the Group\u2019s diversified clientele ranging from locals to the international community ensured that the Group not only manage to stay financially strong but also prosper well, as a company. Sri Lanka\u2019s programme with the IMF is expected to increase the confidence amongst potential investors and it is most likely to bring opportunities for local contractors. Blue Ocean Group stands tall, firm, and prepared to seize such opportunities with a talented team, experienced workers, and a proven track record of successful state-of-the-art real estate projects.<\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\">Wherever you go, whatever you do, our market excellence is right beside you. As one of the largest conglomerates in the country, Blue Ocean Group provides products and services that are in touch with you every day. This would not have been possible, without the vision and values that drive our business as we work to keep the nation\u2019s growing economy moving forward.\u00a0<\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\">We operate under the sound corporate governance and carry out our business dealings with honesty and transparency in an ethical manner. This is why our business is thriving and customer base is expanding both locally and globally.\u00a0<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"justify-flex-end mb4 clear-both\"><\/div>\n<\/header>\n<div class=\"relative reader__grid mt6\">\n<div class=\"reader-author-info__container\">\n<div class=\"display-flex align-items-center justify-space-between\">\n<div id=\"ember25\" class=\"artdeco-entity-lockup artdeco-entity-lockup--size-4 ember-view\">\n<div id=\"ember26\" class=\"artdeco-entity-lockup__image artdeco-entity-lockup__image--type-square ember-view\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BLUE OCEAN GROUP, POSITIONED FINANCIALLY , OPERATIONALLY AND CULTURALLY TO TRANSFORM THE CONSTRUCTION &amp; 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 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":108011,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[20],"tags":[41246,50987,33577,50982,30233,50983,50985,50986,50984],"class_list":{"0":"post-108103","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-articles","8":"tag-blue-ocean-group","9":"tag-central-park-ja-ela","10":"tag-colombo-stock-exchange","11":"tag-kelsey-developments-plc","12":"tag-mount-lavinia","13":"tag-riverside-luxury-bungalows","14":"tag-urban-gateway-kottawa","15":"tag-urban-heights-wattala","16":"tag-verdant-villas-negombo","17":"post_format-post-format-aside"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BLUE OCEAN GROUP, POSITIONED FINANCIALLY , OPERATIONALLY AND CULTURALLY TO TRANSFORM THE CONSTRUCTION &amp; REAL ESTATE INDUSTRY. - eLanka<\/title>\n<meta name=\"description\" content=\"Blue Ocean Group of Companies is a real estate conglomerate with a well-balanced portfolio. 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