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Search Results for: environmental due diligence

Why you need to carry out environmental due diligence before you buy a property.

December 2017  |  Sustainability Ireland Magazine Nobody likes unpleasant surprises when buying commercial property. You – or your client – certainly don’t want to lose the profit on the deal. Yet a nasty shock – and the risk of having the profit on a purchase eaten up by environmental liabilities such as unforeseen clean-up costs – is exactly the kind of gamble property buyers make when they negl...
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Environmental due diligence and assessment important consideration when developing investment plans

Four environmental advocacy organizations called on Stichting Pensioenfonds ABP, Heerlen, Netherlands, on Monday to halt all new investments in fossil fuel companies and commit to phasing out such existing investments.  The €456 billion ($502 billion) pension fund's investments in fossil fuels rose to €16.5 billion as of Dec. 31 from €14 billion in 2015, according to a report by consultant Profund...
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The cost of not carrying out Environmental Due Diligence can run to Millions as Events D.C. found out.

Events D.C., the city’s conventions and sports authority, is raising the price tag of planned community sports fields at the RFK Stadium campus due to the discovery of lead in the soil at the site.  The Events D.C. board on Thursday approved a budget increase of roughly $3.7 million to cover lead remediation. That amount is on top of $2 million the agency already set aside for soil remediation at ...
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Verde presents at Engineers Ireland Lecture Series – Environmental Due Diligence

Nobody likes unpleasant surprises when buying commercial property.  You – or your client – certainly don’t want to lose the profit on the  deal. Yet a nasty shock – and the risk of having the profit on a purchase eaten up by environmental liabilities such as unforeseen clean-up costs – is exactly the kind of gamble property buyers make when they neglect or leave it too late to do an environment...
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Beckham’s New Stadium Site highlights the importance of Environmental Due Diligence and Soil Waste Classification

Ever since retired soccer star David Beckham and his new partners, Jorge and Jose Mas, abruptly abandoned their Overtown stadium plans and pivoted to the Melreese Country Club near Miami International Airport, skeptics have piled on about potential hangups: the traffic, the loss of a city-owned golf course, the last-minute proposal that could hand the Mas brothers a profit bonanza.  But virtually ...
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Optimizing Environmental Due Diligence in Commercial Real Estate Transactions

Brownfield Site Assessment
Article courtesy of Commercial Property Executive, 13th February 2018 To accurately determine the extent of environmental impact on a property, it’s important to understand both current and historical tenant operations. Environmental Risk Factors, by Asset Type Multifamily: Often, the environmental hazards that affect apartment communities are caused by contamination from neighboring areas, suc...
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Cleaning Up – Environmental Due Diligence – Law Society Gazette

When it comes to investing in property developments or acquisitions, environmental due diligence can save your client an unpleasant shock and much expense. Kevin Cleary gets down and dirty in the November edition of Law Society Gazette on pages 56-59. Sign up to our FREE Seminar on Environmental Due Diligence here.
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Environmental Due Diligence

Verde Project - ABN Amro Bank
Project Summary/Goals Verde provided ABN Amro with Environmental Consultancy and Advisory services. Verde carried out the necessary due diligence environmental assessment works to assess risks posed to human health and/or environmental receptors, and to identify any potential environmental liabilities that may be associated with the site following its use as a commercial site. Verde Grou...
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