Blue Mountain forges partnership with global P&T Group to revolutionize the local real estate industry
Leading real estate giant, Blue Mountain, has entered into a strategic partnership with the Singapore-based P&T Group, in a bid to pioneer landmark real estate projects in the country. The P&T Group is recognized as one of the largest international architectural and engineering practices in the world and the high profile joint venture agreement will provide Blue Mountain with the opportunity to consult P&T on all of its high-end projects, in order to offer greater value and an enhanced experience to its clients. The newly-formed joint venture partners have also forged an advisory alliance, whereby clients can avail of the combined expertise of the two real estate giants on the development of apartment projects.
Dr. Hiran Hettiarachchi (MBBS-Colombo, MBA-Australia), Group Chairman, Blue Mountain Group of Companies, stated, “This momentous coming together of two titans in the real estate industries of Sri Lanka and Singapore, signals the formation of a robust alliance that blends pan Asian expertise with strong domain knowledge. The local real estate sector is poised for growth and many upscale residential and commercial real estate projects are underway. Our tie-up with the P&T Group will add value to our existing dynamic portfolio of real estate services and will enable us to offer a combined fountainhead of expertise in the sector. Together with the P&T Group, we can leverage our joint synergies to create a revolution in the local real estate sector, thereby enhancing the value of our projects and delivering stylish living spaces that are truly inspiring. We are proud to have the P&T Group as a partner in our journey towards contributing to Sri Lanka’s infrastructural and economic development.”
Richard Soon, Director, P&T Group, said, “We believe that this joint venture with Blue Mountain will forge a new chapter in Sri Lanka’s real estate industry, which holds much potential that still needs to be unlocked. P&T brings tremendous value to this joint venture, counting a presence in Singapore, Hong Kong, China, Thailand, the Middle East and other countries. Our decision to partner Blue Mountain was made after witnessing the company’s commitment to achieving international standards and its unique design concepts, which are on par with top global giants. We believe that a joint venture of this nature in Sri Lanka will help Blue Mountain to grow and develop into a regional leader.
Blue Mountain recently won a 5-Star award at the Asia Pacific Property Awards and distinguished itself as the first Sri Lankan company to be recognized among the best global real estate companies in the world. Since its inception, Blue Mountain (Pvt) Ltd has revolutionized the local real estate market with its professional ethos as well as its expertise in conceiving and executing a profusion of urban real estate projects ranging from luxury residential complexes to commercial properties. The company has deeply-rooted community values and is focused on delivering innovative design, exclusive standards of construction and superior standards of customer service.
