Our Belgium group undertook a vendor technical and environmental due diligence assessment for an international real estate investor to evaluate a portfolio that included 52 assets and 12 vacant lands located in Germany, Austria, France, Poland, Sweden, Slovakia, Italy, the Netherlands, Spain and the UK. The portfolio footprint totaled 3.5 million square metres.
Fifty-four European specialists from these countries have been working in close collaboration with the client’s European and local management during the assessment. The primary focus centered on the resolution of early findings of the audits following a value-adding methodology. Our work helped the client demonstrate its level of control over the assets and estimate future capital expenditure costs needed to maintain these assets.
We developed a unique methodology that was neutral but was still incorporated local regulatory conditions. This methodology was consequently applied across all geographies and assets to obtain high-quality and robust statements. The team was selected due to our approach and ability to deliver on a high-value-added product on short notice.