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Ocean Sky to jointly redevelop Balmoral sites with Progen & Seacare

Property

Ocean Sky to jointly redevelop Balmoral sites with Progen & Seacare

Michelle Zhu Published on Mon, Oct 16, 2017 / 7:31 AM GMT+8

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SINGAPORE (Oct 16): Ocean Sky International has formed a new JV company with Progen Holdings and Seacare Property to develop the recently acquired cluster sites at Balmoral Road.

See: Ocean Sky, Tiong Seng jointly acquire Sloane Court hotel and sites at Balmoral Road for $80.5 mil

Ocean Sky says its 40% indirect joint venture (JV) company, TSky Development, has incorporated a new subsidiary company named TSky Balmoral to undertake the redevelopment.

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