CampbellReith provides Environmental Due Diligence services for a range of asset management companies who require a robust understanding of geotechnical and contamination hazards during site acquisition or divestiture. The practice also offers similar services to clients acquiring land or premises as part of their expansion across the world.
The typical form of appraisal comprises site reconnaissance audits and desk studies, with more detailed investigations and appraisals where required. The EDD services provided by the practice compliment the other pre-planning and due diligence services offered. A number of project examples are presented below.
Former Shipyard, Newcastle
An independent review was implemented of a former shipyard site prior to acquisition by an industrial client who was expanding. The proposed environmental and geotechnical treatment for the site, which included the reclamation and infilling of wharfs and docks, was reviewed in order to provide confidence that the site would satisfy the clients requirements.
Commercial Premises, Leeds
A review was undertaken of a food manufacture site prior to the acquisition of the property freehold and site as ‘a going concern’. Due diligence research found that a former mine shaft was recorded on site with the potential for historic shallow mine workings, however the subsequent Mining Risk Assessment concluded the risk of ground stability issues to be low.
Commercial Premises – Milton Keynes / Colchester
A review was undertaken of a number of new commercial motor retail premises that were to be acquired on a ‘sale and lease back’ basis. On a number of these sites it was established that latent risks existed associated with the partial discharge of remedial / contamination planning conditions that influenced are commercial site negotiations.
Commercial Premises, Bracknell
A review was undertaken for an existing commercial site considered for acquisition and redevelopment. Research established that the site was in Flood Risk Zone 3 (High risk) due to the presence of a balancing reservoir up gradient of the site. CampbellReith provided advice on the flood risk and undertook additional reporting, the results of which informed the client’s decision to withdraw their acquisition.
Commercial Redevelopment, Brazil.
CampbellReith completed a full contamination audit of a former sugar cane refinery site proposed for redevelopment as an automotive plant. Both desk study (Phase 1) and intrusive site investigations (Phase 2) were completed to determine the presence of contamination at the site. The works were supervised by CampbellReith and provided a liability assessment to consider risk and demonstrate compliance with environmental and sustainability policy of the parent company.