Wilson and Sharp are pleased to confirm that our contractors are back onsite, since January the 5th we have had our carpentry, plasterboard and labour team all working on the interior of Hurn house repairing floors 3-9 and making efficient progress on floors 10-11, forming all stud wall partitions to make rooms, corridors and communal lounges. On January the 19th as promised to all investors we have increased workforce and our electricians, plumbers, painters and lift engineers are now working through the floors, materials are being delivered onsite daily by all our suppliers so we can ensure the progress remains efficient and on track for the May deadline. We have a meeting planned in for January 22nd with the main steel contractor, we will be discussing the installation of the rear staircase and will commit to place the official order as the lead time is 9 weeks for fabrication so its vital all orders are placed this week.

We currently have 31 contractors onsite and we will increase up to 45 by end of next week, by the end of Jan we will be increasing further workforce maintain fast progress. The project management team PGP have been onsite weekly since the 5th and our monitoring progress and budgets, they have sent out all letters of intent to each contractor so they are tied into works and formal contracts are going to be signed this week once with have sight of the deed of variation from your solicitor.

In terms of funds we can verify that investors are sending payments to solicitors on a daily basis and the development fund is now very near complete so we have full confidence to complete the build, there are a few clients still outstanding to send funds / respond to emails so we urge you to please action your payments immediately. Overall its been a great start back and we should all have complete confidence now that Hurn is most definitely on the road to completion, we have signed into agreements for the summer lets and we are going forward with plans for university students to occupy 100% for September.

WS will issue another update report at the end of January, in the meantime please see some pictures of progress onsite over the last 2 weeks.