Saudi Diyar consultant

Al Qasr Mall Project

20th Feb. 2012

Al-Qasr Plan

Al Qasr Shopping CentreLead Architect: Albert Speer & PartnersLead Consultant: Saudi DiyarMain Contractor: Saudi Constructioneers

67,500 m² Land Area215,000 m² of BUA76,489.6 m² of Leasable Area368 Shop/Store1756 Parking Capacity

Construction Start: May 2008Expected completion: 31st Jan 2012

Current Status of PackagesPkg 6A: SAUDICO- Structural Works

Work In Place 100%

Forecast Completion Date 17-

Dec-09

Pkg 6B: SAUDICO- Finishes & MEP Works Work In Place

98.8% Forecast Completion Date 15-

Feb-12

Pkg 6C: Al Ojaimi- Substation & Cable Works Work In Place

100% Forecast Completion Date 30-

Oct-11

Project Total of completion all packages: 99.6%

Critical Milestones to Achieve Completion Date

All Construction Works Completed on or before- 15 Feb 2012Energize Transformer Rooms- 30 Oct 2011 ( Done)Telephone Cables and Cabinet- all material delivered & partially installed.Way finding mock up approval : 04.01.12, 45days for installation after

releasing LOI.Balance of the interior design packages in ProcessElectrical Panel Boards Delivery- 100 % delivered.Execution of the STC Contract Agreement- awaiting Signature Finalizing Al Shaya requirementsFinalizing the A/C requirements for the StoresFinalizing The Food Court Requirement (GAS)Epoxy Paint- Ground Floor painting

PROJECT: AL QASR MALL

LIST OF POTENTIAL ADDITIONAL WORKS

SN Description Rough Estimated Cost Duration Remarks

1 Fun Zone (Part A) - Waterproofing Awaiting SCE Cost

2 Drop Off area Awaiting SCE Cost from conceptual drawing provided by SDC

3 Additional Parking Areas (at North East) Awaiting SCE Cost

4 LPG Central Tank & Services 649,982.00 2 months

SR 649,982 - cost from Supplier/contractor (AL ROWAFED Est), Excluding Civil works which still awaiting from SCE

5 Additional HVAC works for Tenant (AL SHAYAH) 6,000,000.00 9 months As proposed by SCE

6 Water and Drainage for 17 shops 590,150.00 10 weeks (2.5 month) As proposed by SCE

7 Additional 4 nos. Panoramic Elevator 12 Months

* includes 1month design period of SDC* SDC awaiting DAAR's instruction to provide the design.

Floor Total(1)

In Process of Handing Over

(2)

Total HO To DAAR-PM (or

skipped)(3)

Handed Over to DAAR-PM with

No Tenant Action

(4)

Handed Over to

Tenant with No Further

Action(5)

Tenant Submitted Fit Out Design

Drawings for DAAR Approval but Did Not Start Fit-

Out Works(6)

Fit-Out Works Started

(7)

Ground Floor 54 2 52 44 2 1 5

First Floor 79 2 77 22 8 0 47

Second Floor 91 1 90 66 4 0 20

Third Floor 140 84 56 38 8 1 9

TOTAL 364 89 275 170 22 2 81

Area of Fit out on board M2 Total Leasable Area M2 Percentage achieved

33793 76489.6 44.18%

THE KEY PRE-OPENING TASKS NEEDED TO BE COMPLETED PRIOR TO THE MALL OPENING

Saudi Diyar consultant

Al Qasr Mall Project

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