Our client had to complete an Environmental Due Diligence (EDD) assessment for the sale of an Australian portfolio of medical facilities. The company needed the assessment in a compressed timeframe to ensure the property transaction was completed within the contract deadline, thereby maximising the commercial return for the vendor.
The portfolio is comprised 30 medical facilities, including private hospitals, consulting suites and rehabilitation centres that were spread across all Australian States and Territories.
WSP in Action
Our role was to assess the potential risk of environmental contamination.
The EDD started with a data room assessment and historical property searches and then detailed site inspections. Due to the operational nature of the properties, we spent significant time liaising with the client, vendor and site occupiers. This ensured our inspections had minimal impact on business performance and that we maintained patient privacy and confidentiality.
Our fast and collaborative approach enabled the vendor to successfully complete the sale.