In the European Union, Phase 1 Environmental Assessments are essential in commercial property transactions. Known under the RICS guidance as Environmental Due Diligence (EDD) or Environmental Risk Assessment, this process involves evaluating potential environmental risks associated with a property.
These assessments help identify any historical or current environmental contamination issues that could affect a site’s value, development, or operation. The process aligns with regulations set by the Royal Institution of Chartered Surveyors (RICS) and European directives concerning environmental protection and due diligence in property transactions.
Our Phase 1 Environmental Assessment services, aligned with EU and UK standards, include a comprehensive review of the site’s history, regulatory compliance checks, and potential environmental risks. We assess previous land use, geological and hydrological conditions, and the potential for contamination from surrounding properties.
The assessment is non-intrusive and typically involves:
Should contamination be suspected, a Phase 2 assessment may be recommended, involving more intrusive testing to quantify the risk.
Partner Property Consultants are experts in European and UK environmental regulations. Our in-depth knowledge of RICS guidelines and environmental legislation ensures that your commercial real estate transactions are fully compliant and that environmental risks are appropriately managed.
We provide clear and concise reports to assist property owners, investors, and developers in making informed decisions. Our commitment to environmental responsibility ensures that we help protect the value of your assets while adhering to legal and regulatory requirements.
