Site Acquisition Transaction Support

Minimise environmental risks and liabilities in property acquisitions with Lucion’s expert site acquisition transaction support services. Our due diligence assessments identify potential issues, enabling informed decision-making and favourable terms negotiation.

In property acquisitions, understanding and managing environmental risks and liabilities is crucial for making informed decisions and protecting your investments. Lucion’s expert site acquisition transaction support services provide you with the insights and guidance needed to navigate the acquisition process with confidence.

Our Site Acquisition Support services include:

Environmental Due Diligence

Our team conducts comprehensive environmental due diligence assessments to identify potential risks and liabilities associated with the property. We review historical records, perform site inspections, and assess the environmental condition of the property to provide you with a clear understanding of any issues that may impact the transaction.

Phase I Environmental Site Assessment (ESA)

We conduct Phase I ESAs in accordance with industry standards to identify potential contamination issues and recognised environmental conditions (RECs). Our assessments include historical records review, site reconnaissance, interviews with key personnel, and regulatory database searches.

Phase II Environmental Site Assessment

If potential contamination issues are identified during the Phase I ESA, we proceed with Phase II assessments, which involve sampling and analysis of soil, groundwater, or building materials. Our team of experts determines the nature and extent of contamination, providing you with the data needed to make informed decisions.

Regulatory Compliance Review

We assess the property’s compliance with environmental regulations, permits, and industry standards. Our team identifies any compliance gaps or potential liabilities, helping you understand the risks and develop strategies to address them.

Environmental Liability Assessment

We provide clear and concise reports outlining the potential environmental liabilities associated with the property, including estimated costs for remediation or mitigation. Our assessments help you understand the financial implications of the identified risks and negotiate favourable terms during the acquisition process.

Risk Management and Remediation Strategies

Based on the findings of our assessments, we develop risk management and remediation strategies tailored to your specific needs and goals. Our team of experts provides guidance on the most effective and cost-efficient approaches to address environmental issues and minimise potential liabilities.

Transaction Support and Negotiation Assistance

We work closely with your legal and financial advisors to provide the environmental data and insights needed to support the transaction process. Our team assists in negotiating favourable terms, such as price adjustments or indemnification provisions, based on the identified environmental risks and liabilities.

Partner with Lucion for comprehensive site acquisition transaction support services that help you make informed decisions, manage environmental risks, and achieve successful property acquisitions.

Aaron_Cousins,Unit Director – Environmental Transaction Services

Contact Aaron_Cousins

General enquiries:

Phone: +44 (0)345 5040 303
info@luciongroup.com

If you would like to discuss your project, you can arrange a call with one of our consultants today

Arrange a call

Case studies

View all case studies

Geotechnical / Contamination Consultant – UEA, Norfolk

View case study

Environmental Due Diligence Support for P3 Logistics Acquisition

View case study

Environmental Due Diligence for Supermarket Portfolio

View case study

Trusted Acquisition Support Services

United Nations Global Compact

Lucion is a proud member of the United Nations Global Compact.

View our commitment letter: Letter of Commitment

Environment Analyst Leader Member

Inclusive of Environment Analyst Sustainability Delivery Group

Lucion

Chartered Institute of Ecology and Environmental Management

Lucion’s team of Ecologists undergo specialist training and maintain active membership with the Chartered Institute of Ecology and Environmental Management.

Testimonials

Lucion Delta-Simons Ltd are a key part of our delivery team and their advice is invaluable to our business decision-making process. Their blend of technical knowhow and commercial sense, together with their attention to our needs has created a strong working relationship that goes back over many years. Delivery of services in multiple countries by respected in-country consultants, with the whole thing managed by and through Lucion Delta-Simons Ltd who interpret the issues in their tried and tested manner provides a strong business offering that is impossible to ignore.

David Proctor Head of Investment, SEGRO plc

Lucion Delta-Simons Ltd has advised Hermes for over 22 years on a range of environmental issues. Their team holds an impressive depth of knowledge and experience, which added to their commercial understanding, makes Lucion Delta-Simons Ltd an invaluable member of our project team.

Jo Flattery Associate Director & Project Management

Pinnacle sought a partner rather than simply a consultancy service provider. We looked for an organisation that listened carefully to our needs and ideas and provided a choice of added-value solutions. We have been impressed with Lucion Delta-Simons Ltd ability to work closely with us to develop solutions that enable us to consistently deliver against our Client’s objectives.

David Meigh Pinnacle Consulting Engineers Ltd

Site Acquisitions FAQ

Lucion’s site acquisition transaction support services provide numerous benefits to your business, including:

Identifying and quantifying potential environmental risks and liabilities, helping you make informed decisions and avoid unexpected costs.
Providing expert guidance on managing and mitigating identified risks, protecting your investments and reputation.
Assisting in negotiating favourable terms in the acquisition process, potentially saving you money and reducing future liabilities.
Ensuring compliance with environmental regulations and industry standards, minimising the risk of legal and financial consequences.
Offering tailored solutions and strategies to address your specific needs and goals, maximising the value of your investments.
Providing peace of mind and confidence in your site acquisition decisions, knowing that you have thoroughly assessed and managed potential environmental risks.

Lucion’s Environmental Transaction Consultants play a crucial role in supporting clients throughout the site acquisition transaction process. Our team:

Conducts thorough environmental due diligence assessments, including Phase I and Phase II ESAs, to identify potential risks and liabilities.
Provides clear and concise reports outlining the findings, potential costs, and recommendations for further action.
Develops risk management and remediation strategies tailored to the client’s specific needs and goals.
Works closely with legal and financial advisors to provide the environmental data and insights needed to support the transaction process.
Assists in negotiating favourable terms based on the identified environmental risks and liabilities.
Offers ongoing guidance and support to ensure a successful acquisition and post-acquisition integration.

Environmental due diligence provides valuable information about the property’s environmental condition and potential liabilities, which can be used to negotiate favourable terms in the acquisition process. For example:

If significant environmental issues are identified, the buyer may negotiate a lower purchase price to account for the estimated remediation costs.
The buyer may seek indemnification from the seller for identified environmental liabilities, protecting them from future costs and legal responsibilities.
Funds may be set aside in escrow to cover potential environmental remediation costs, ensuring that the buyer is not solely responsible for these expenses.
The transaction agreement may include contingency clauses that allow the buyer to terminate the deal or renegotiate terms if significant environmental issues are discovered during due diligence.

During site acquisition due diligence, various environmental risks and liabilities can be identified, including:

Soil and groundwater contamination from past or current industrial activities, spills, or leaks
Presence of hazardous building materials, such as asbestos, lead-based paint, or PCBs
Non-compliance with environmental regulations, permits, or industry standards
Potential cleanup costs and legal liabilities associated with contamination
Environmental liens or encumbrances on the property
Potential impacts on future site development or redevelopment plans
Risks related to neighbouring properties or regional environmental issues

A Phase I Environmental Site Assessment (ESA) is a non-invasive study that involves a review of historical records, site reconnaissance, interviews, and regulatory database searches to identify potential environmental concerns or recognised environmental conditions (RECs). If the Phase I ESA identifies potential contamination issues, a Phase II ESA may be recommended. Phase II involves invasive sampling and analysis of soil, groundwater, or building materials to confirm the presence, nature, and extent of contamination. Phase II ESAs provide more definitive data on the environmental condition of the property.

Environmental due diligence is essential in site acquisition transactions to identify and assess potential environmental risks and liabilities associated with the property. It helps buyers make informed decisions by understanding the environmental condition of the property, potential contamination issues, regulatory compliance status, and estimated costs for remediation or mitigation. By conducting thorough due diligence, buyers can protect themselves from inheriting unexpected environmental liabilities and negotiate favourable terms in the transaction.