Due Diligence / Monitoring
We work alongside lawyers and other specialists to manage the due diligence work associated with site purchase, purchase of existing developments and, particularly, the purchase of partially complete projects.
We also provide fund monitoring services to project financiers, overseeing developments on their behalf and reporting regularly on project progress, risk and financial status.
Mixed Use Development, London
Anser were appointed as project manager by a private developer part way through construction on a difficult, mixed-use, new build development in Primrose Hill. The developer was experiencing problems with poor levels of quality, rising costs and the work falling significantly behind programme.
We provided a comprehensive consultancy service that included the management of the multi disciplinary team, difficult high level negotiation between construction and consultant teams, and dispute resolution.
The site was bordered by a road, railway and canal and supported several existing Victorian structures of local interest. Design and construction works required a high level of liaison with Local Community bodies, Local Authorities, English Heritage, Railtrack and British Waterways, which we also undertook.