We were engaged to undertake environmental due diligence (EDD) on a portfolio of eight active care home sites across Northern Ireland. Our client needed to rapidly assess liabilities associated with land quality, mining, flooding, environmental compliance and regulatory concerns prior to putting the portfolio forward as an acquisition target.
Although the sites are currently in use as care homes, varied historical and contemporary land uses, including industrial activities at or near a number of the sites, were identified during the assessments. We assessed all potential environmental issues and highlighted those for which a more detailed assessment would reduce financial risk to the vendor upon the portfolio’s sale.
In consultation with the client, we prepared a Short Form Report to communicate the primary issues in a consistent and efficient manner, whilst delivering a commercially and technically robust EDD report for each site. Our succinct reports detailed the key potential environmental risks associated with the sites, and highlighted the anticipated regulatory risks and potential abnormal costs associated with any future redevelopment. The report findings were summarised in a non technical format so that information was readily accessible to the client and the vendor.
The transaction had a tight timeframe of only three weeks and our client knew that they needed a consultant with a good track record in EDD and suitable resources within Northern Ireland to meet this. Our experts were able to complete all the work within the necessary programme constraints to ensure the client’s deadlines were met.
+44 (0) 2890 706072