Environmental Due Diligence

We have assessed the potential risk of environmental contamination to help complete the sale of an Australian portfolio of healthcare facilities.


Location

  • Australia

Sector

Service

  • Air Quality
  • Asbestos and Hazardous Materials Management
  • Contaminated Land and Soil Remediation
  • (View all)

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.

 

Tangible Benefits

Our fast and collaborative approach enabled the vendor to successfully complete the sale.