Due diligence

Environmental due diligence has become an essential tool in assessing the environmental risks and liabilities associated with property development and the due diligence transaction process. This dedicated service, required as part of the vendor, acquisition, divestiture and redevelopment process, provides commercially aware reports, in line with current environmental legislation and tailored specifically to the needs of the client.

Wellgate Shopping Centre
Client: Confidential
Office: Edinburgh
Cost: N/A

Elbblick Portfolio
Client: Evans Randall Europe LLP
Office: Munich
Cost: N/A

Watts has been providing acquisition advice in the commercial property sector for more than 20 years, during which time it has successfully delivered thousands of reports on a multitude of building types. 

The service:

• Clarifying the extent of the service required
• Reviewing all relevant technical and legal documentation
• Inspecting the property
• Coordinating the involvement of specialist sub-consultant concerning services installations, deleterious materials testing and land contamination
• Liaising with other members of the acquisition team such as solicitors, agents, accountants and investment advisers
• Preparing a report to the client's preferred format or our own format
• Dealing with queries raised by the acquisition team, including more forensic re-inspection of the property, if required
• Attending review meetings

Black Building
Client: IVG Immobilien Ag
Office: Stockholm
Cost: N/A

Dammtorstrasse
Client: CBRE Spain
Office: Berlin
Cost: N/A

Project Skyline
Client: IVG Asticus Real Estate
Office: London
Cost: N/A

Watts is independent of investment advisers and agents, therefore purchasers’ interests are not open to compromise by ‘undue influence’. Our network of offices and our staff complement enable us to deal with single properties or large portfolios, anywhere in Europe.

The service:

• Clarifying the precise extent of the service required
• Reviewing all relevant technical and legal documentation
• Inspecting the property internally and externally
• Co-ordinating the involvement of specialist sub-consultants in regard to services installations, deleterious materials testing and land contamination
• Liaising with other members of the disposal team such as solicitors, agents, accountants and investment advisers
• Preparing a report to the client's preferred format or our own format
• Dealing with queries raised by prospective purchasers, including more forensic re-inspection of the property, if so instructed
• Drafting, agreeing and executing Warranties and Duty of Care documents in favour of the eventual purchasers

Ericsson Building
Client: LM Ericsson Ltd
Office: Dublin
Cost: N/A

20 Bridge Street
Client: White Stuff Limited
Office: Birmingham
Cost: N/A

Bank of Ireland Vendor's Surveys
Client: Bank of Ireland Group Property
Office: Dublin
Cost: N/A