One residents of Hyde -Park sue “Corrosion”

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Owners One Hyde -Park They sent a Laing O’Rourke construction company to the Supreme Court in London on the occasion of defects, which was reduced by one of the most exclusive residential real estate schemes in the UK.

A luxurious building, walking a few minutes away from city and city shops in London Kwtsbridge, was a magnet for oligarchs, celebrities and other super rich buyers as it was developed by the company Brothers candy And the former Prime Minister of Qatar.

Since the opening of the scheme in 2011, its properties – which include penthaus with a wide view of Hyde Park listed for 175 million – – – installed market records.

But the owners complain that the building has several problems that require correction of work and sue a subsidiary of private property Laing O’Rourke, which built the building for £ 35 million.

One Hyde Park Limited Lawyer, an organization owned by residents, who in turn owns FreeHold, said corrosion was discovered in 2014.

Other problems included unsuccessful butterfly valves, the leaks of the joints and the faulty pantographer – used to clean the glazing – they said.

Residents on any floor would need to free their apartments as long as they were done, they were warned.

Laing O’Rourke said in a statement that “he has participated in a wide talks with the One Hyde Park Management Company in recent decades.”

He “made several proposals to resolve this case on -good and honest, including a voluntarily commitment to amend the property and make some compensation proposals.”

The company added: “We were completely committed to finding a mutually acceptable result and remain disappointed that the management company has decided to more fully participate with our many proposals to resolve this dispute.”

One of the Hyde Park Limited brought a lawsuit in 2021, and the civil lawsuit began on Thursday.

The court heard that Laing O’Rourke did not “participate” in court and did not send legal representatives.

Andrew Rigney of the Criminal Code, who represented the owners claimed that the parent group Laing O’Rourke withdrew financial support from the subsidiary shortly before the court began, and claimed that it was part of the “intentional and cynical evasion strategy” for financing.

Reini said the cooled water supply “is subject to widespread and very serious corrosion.”

While Laing O’Rourke suggested carrying out work, there was no possible settlement agreement, the lawyer added in written arguments. “With the exception of several isolated examples, the necessary correctional work was not carried out,” he added.

Mystry and Christian Candy, whose Candy & Candy Group acted as head of the development of one Park Haid, and Sheikh Hamad bin Jasim Bin Jaber al Tanya – former Prime Minister of the Qatar known as HBJ Created a joint venture from Christian Candy to develop this scheme – is not a lawsuit.