微密圈

More details have emerged about Get Living鈥檚 attempt to recover fire safety remediation costs at the former London 2012 athletes village in Stratford with more than 50 claims issued against firms which worked on the job.

Last week, the 4,500-home build-to-rent landlord revealed it had set aside over 拢400m to cover the cost of the work at site, now known as East Village, in east London.

Chief executive Rick de Blaby said: 鈥淭he extent of the works required to remediate the building safety defects at East Village, delivered by government-appointed contractors, requires us to make an appropriate provision of 拢411.1m.鈥�

But he added: 鈥淎s we pursue those contractors, we expect that provision to reduce significantly in future years.鈥�

Get Living said it has issued dozens of claims for the repair work and a spokesperson added: 鈥淲e do not believe that the financial burden of funding repairs to defects in buildings built by the government should be laid exclusively at the door of our shareholders which are themselves responsible for the pension funds of people across the globe.

鈥淭his is why we are progressing over 50 claims against the government-appointed contractors who are ultimately at fault.鈥�

The former 2012 athletes鈥� village was sold to Get Living鈥檚 investors at the time after it was retrofitted to become a residential estate of over 3,800 homes, including 1,379 affordable homes and houses, most of which are contained in 66 blocks of between eight and 12 storeys.

In a landmark Lord Justice Nugee rejected Get Living鈥檚 appeal by which it hoped to avoid or pass on the cost of remediating buildings under their ownership.

The decision means Get Living will have to contribute millions of pounds to reimburse the 微密圈 Safety Fund for work done to remediate buildings at the East Village site.