Building value from knowledge

With an increasing move away from greenfield development, it is becoming more difficult for investors and tenants to avoid owning or occupying some form of potentially contaminated land. Following the introduction of contaminated land legislation, environmental auditing has become an essential tool in assessing the environmental risks and liabilities associated with property development and the due diligence transaction process; the presence of contaminated land can adversely affect site value and financial income and can hinder transactions if not managed properly. This section includes definitions, types, sources and causes of contamination, and discusses environmental, legal and practical matters relating to contaminated land.

This section is maintained by Janette McCartney of Watts Group plc.