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CONSTRUCTIONThe speed of construction is not only attributable to oursales success but also to a management team thatbelieve in investing in professionals and technology.Since our last communication, the management team hasincreased in size with three new 'aparejadores' (quantitysurveyors) who are responsible for different constructionprojects, Due to some of the problems of obtainingsupplies in Tenerife (due to its location and the hugedemand for building materials) a full time buildingsupplies purchaser has been appointed and additionaladministrative staff have been employed to helpovercome these problems.

Investment in machinery has also been considerable. Inaddition to the JCB Telescopic acquired earlier this year,we have recently purchased a JCB 820 PowerSlideCrawler Excavator at an investment of £100,000 whichwill be used for rock breaking and excavation forunderground car parking for future projects and generalfoundation work.

PEBBLE BRIDGEHaving invested in morepersonnel, we are nowbuilding somewhere tohouse them all! Plans arenow well advanced forPebble Bridge which willbe the company's newmanagement andadministration building.Situated at the top of the'barranco' (the ravine),adjacent to Project Aries,this building will house thePebble Beach Village mainreception, a luxuryrestaurant and terraceoverlooking the swimmingpools and landscaped areadown to the water's edge.

SPORTS AND LEISUREThe company is also inconsultation with variousspecialist architects for the _design and construction ofthe indoor/outdoor sportscomplex and air-conditioned shoppingcentre which will add thenecessary commercial,sports and leisureamenities to Pebble BeachVillage . , . and if you'renot the sporty type and justwant to relax in the comfortof your own home, therecent purchase of 60large palm trees andconsiderable nursery stockwill ensure a truly tropicalflavour.

Thanks to the efforts of our *'Pebble Beach Developments

rapidly gaining momentum. Wioccupation, others can look

forward to the near future whenthey will receive the keys to

their prestigious holiday hom<

foundations of Aquarius (foregProject 7, Scorpio (background) 'en and Project A nes, November 'c

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