BRIEFING NOTE TO RESIDENTS – CORONAVIRUS

As a result of the outbreak of the coronavirus throughout the World, we understand the concern this will cause, therefore set out below is information on our response and advice on the evolving situation.

GOVERNMENT AND NHS ADVICE

We are reviewing daily the guidance being provided. Frequent meetings are being held by management to ensure our response is amended and updated as required.

The latest information from The Government and NHS can be found by visiting the following websites:

https://www.gov.uk/government/topical-events/coronavirus-covid-19-uk-government-response

https://www.gov.uk/guidance/coronavirus-covid-19-information-for-the-public

https://www.nhs.uk/conditions/coronavirus-covid-19/common-questions/

https://www.nhs.uk/conditions/coronavirus-covid-19/advice-for-travellers/

We shall also update this note with any additional information and updates as we respond to government advice.

MANAGEMENT OF BUILDING

We have and are:

• Increasing cleaning within communal areas, particularly focusing on sanitization of door push plates, door handles, handrails etc.
• Liaising closely with contractors to ensure they are implementing best practice
• Issued tenants with Public Health England Cleaning and Disinfection Guidance

RESIDENTS RESPONSBIBILITIES

In line with the up to date government and NHS guidance, and due to the evolving situation, there will undoubtedly be a number of our residents who will be required to self-isolate. In these circumstances we must request that you:

• Follow the guidance / information provided: https://www.nhs.uk/conditions/coronavirus-covid-19/self-isolation-advice/
• Notify any potential visitor including contractors requesting access to your apartment if you or any member of your household are self-isolating and restrict access as required.
• Follow Public Health England guidance on Cleaning and Disinfection

We will continue to monitor and follow government advice on the changing challenges we all face. We will consider and adjust where necessary and will continue to be alert and flexible to the challenges ahead, to ensure the health and safety of residents is maintained.

LMSL is a property and investment group specialising in opportunities located in East London. Over its 20 years of trade, the business has gone from strength to strength, driven by a detailed understanding of the markets in which it operates.

The group looks to identify development opportunities that will offer at least a 1.5x unlevered return on cost by utilising their in house construction team to facilitate fast execution.

The group has been driven by a highly experienced management team; the owners, Lahrie Mohamed & Shehara Lahrie (Chairman and CEO respectively). Together, they have over 60 years combined experience in the company and investing in the emerging East London property market.

LMSL targets investment opportunities that are expected to provide a 1.5x unlevered return on cost. Using the in house construction team to facilitate fast execution, the primary strategy involves the purchase and redevelopment of properties for rental.

The group prides itself on offering a quality, bespoke service to clients. Through the offering of a full spectrum of property services under one roof, LMSL has developed a reputation for understanding the needs of its clients and providing a bespoke service to suit. This one-stop service has helped the group develop an important trust with clients, past and present that allows them to enjoy an occupancy rate of 99.9%.

The owners and wider management team have ambitions to continue to grow the portfolio further in the coming years with boosts expected from newer developments positioned to take advantage of major infrastructure projects that are nearing completion (such as Crossrail).