Update 21/05/2025

Good afternoon,

As mentioned in our last update, we have received some of the required certifications for taking practical completion, but several key items remain outstanding. Specifically, we are still waiting on documentation for AOV's smoke ventilation, height safety equipment (which includes man-safe systems and free-standing handrail systems), fire alarm system certification, and lift maintenance certification. Some of these certifications are critical as their expiry dates are approaching, and they must be renewed before we can proceed with practical completion.

Since Mulalley has yet to supply this documentation or provide a timeline for its delivery, we have decided to commission contractors ourselves for Block C's documentation. We have notified Mulalley of this decision and are in the process of scheduling these inspections, which we expect to take place within the next week.

In addition, there are outstanding items for Block B that we need to address in order to register the building with the building safety regulator. We have reviewed and commented on the drawings, which are now back with Mulalley for their review. We are also compiling a list of items missing from the O&M manual, which we will send to Mulalley tomorrow. We will give them a two-week deadline to provide the missing information. If the documentation is not received by this deadline, we will need to consider whether we can commission contractors to obtain this documentation ourselves.

We are still aiming to take partial possession of Block C, with Block B to follow once we have received the necessary documents to submit the application to the building safety regulator.

Please let me know if there are any further details you would like to add or if you have any questions about the risks associated with these outstanding items. We will provide another update by 4 June 2025.

Many thanks

Vikki Walker

Director of Sales and Marketing