Due to the pandemic
COVID-19 world crisis, Quantico, SA (Q) and its partner Albatross Investments
(A) would like to make the following announcement:
1.
The top priority of Q/A is the safeguard of human
lives and to contain the spreading of the virus.
2.
Q/A joint venture and all its subsidiary companies
maintain their activities, complying with the mandatory rules issued by the
Portuguese National Health Board (Direcção-Geral de Saúde - DGS).
3.
Since March 13 all team members are working from home
and keeping the operational routines needed to continue each assigned task.
4.
As of today, all the construction works in the several
developments managed by Q/A are in progress.
5.
In spite of that, it is possible, even foreseeable,
that the current situation may force the contractors to interrupt their
activity sporadically, either by their own choice, or due to eventual Governmental
enforcements.
6.
All projects are fully funded and there is no risk of
either of them not reaching their conclusion due to financial motives.
7.
All projects are fully insured, not only by the Owner
whenever necessary, but also by the respective Contractors.
8.
All construction sites adhere to the highest security
measures issued by DGS.
9.
Live meetings were replaced by teleconference calls,
but all companies and staff members are fully available to connect with its
clients and stakeholders.
10.
Each client who has signed a Promissory Sales
Agreement, or is involved in a negotiation process will be contacted
individually, to clarify all the specific details of their investment.
11.
Q/A maintains its optimism - tempered by the gravity
of the current situation - regarding the future of Real Estate fundamentals and
will continue to work in its own ambitious real estate investment strategy of
growth in the future.
12.
Q/A developed a contingency plan that will evolve
according to the conditions, to ensure that as soon as economic activities are
normalized, all its activities will resume in full and as soon as possible.
13.
Under these very tragic circumstances, we are solidary
with all our clients and stakeholders in strict compliance of all safety
measures and rules, committed to help save lives and relishing the prospect of
a speedy and solid recovery after we control this pandemic crisis.
14.
ALL OUR CLIENTS, SUPPLIERS, PARTNERS AND STAKEHOLDERS
ARE INVITED TO REACH US AT THE CONTACTS BELOW:
Phone: +351 21 347 24 35
Email: office@quantico-sa.com
With your contribution, we
will soon be back to working normally and with a renovated enthusiasm to
rebuild our economy.
Above all - STAY SAFE!
Lisbon, 30th
March, 2020
Quantico Board of Directors – Carlos Vasconcellos, Miguel Costa Gomes,
Graça Medina
Albatross Board of Directos – Carlos Mallo, Cristóbal de Castro
Tuesday, 31 March 2020 12:03