Construction Update - Aura (Feb 2018)

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Progress Update February 2018

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Student Accommodation


AURA

Progress Update February 2018

Student Accommodation

Dear Investor, Demolition has progressed well on the Aura site, and an update of works to date is below: • Site fully secured and hoarded • Contractor site set-up is continuing • Strip out and demolition and removal of foundations to former units complete to Phase 1 • Site strip and reduced level excavations / rock break out to Phase 1 ongoing The expected completion date has been amended by the contractor due to: • Demolition was held up due to a tenant in one of the commercial units on site taking a legal stance against the developer and not vacating the premises. Work had to be stopped while the relevant proceedings took place in order to evict the tenant • Large obstructions in the ground were uncovered during demolition which required breaking out • The design for the foundations needed to be altered in order to avoid clashes with existing major utilities The revised key dates for construction are: Phase 1 • Demolition - Complete • Practical Completion - Q3 2019

Phases 2+ 3 • Demolition - April 2018 • Practical Completion - Q1 2020

www.csiprop.com

On behalf of the developer, we provide you with the latest images and information from the Aura construction site.


Student Accommodation

Progress Update February 2018

www.csiprop.com

AURA


Student Accommodation

Progress Update February 2018

www.csiprop.com

AURA


Student Accommodation

Progress Update February 2018

www.csiprop.com

AURA


Student Accommodation

Progress Update February 2018

www.csiprop.com

AURA


Student Accommodation

Progress Update February 2018

www.csiprop.com

AURA


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