Advisory & Transactional Services

Technical Due Diligence is a comprehensive technical assessment of real estate assets and development projects, carried out at any stage of their life cycle. Grinity provides Technical Due Diligence services for land intended for future development, projects in preparation or design phases, as well as for existing commercial buildings prior to acquisition or financing.

Our Technical Due Diligence services are a core part of real estate transaction advisory and support informed decision-making for investors, buyers, sellers, and lenders.

Purpose of Technical Due Diligence

The primary purpose of Technical Due Diligence is to evaluate the technical condition, feasibility, quality, and risks associated with a property or development project. Our assessments help identify potential issues related to design, construction quality, materials, building systems, and compliance with applicable building regulations.

By identifying risks early, Technical Due Diligence helps prevent unexpected costs, delays, and technical deficiencies that could negatively impact the asset's value or performance.

Scope of Technical Due Diligence Services

As part of standard Technical Due Diligence (TDD), we perform a detailed technical review of the asset, including:

• Architectural and construction assessment
• Structural review
• MEP systems (mechanical, electrical, plumbing)
• Fire safety and life safety systems
• Building envelope and façade inspection

The assessment includes a visual inspection of the property, detailed reporting with photo documentation, and an evaluation of all identified defects. Each finding is categorized by urgency and risk level and supported by a qualified CapEx cost estimate for remediation.

Documentation, Contracts, and Compliance

During the Technical Due Diligence process, we verify the completeness and consistency of as-built documentation and available operational records. Where relevant, our services also include a review of construction contracts, warranties, and guarantees.

Technical Due Diligence may also include a regulatory compliance review, focusing on compliance with applicable construction standards and issued permits. This includes identifying missing approvals, inconsistencies, or related legal and technical risks.

Environmental and Energy Assessment

Our Technical Due Diligence services can be complemented by Environmental Due Diligence, including an environmental risk assessment focused on potential site contamination and environmental impacts based on available documentation.

We also assess the Energy Performance Certificate (EPC) and, where required, obtain its issuance in accordance with applicable legislation.

Who We Work With

Grinity provides Technical Due Diligence services for:

• Buyers and sellers in real estate acquisition processes
• Investors and financing institutions
• Developers during planning and construction preparation
• Owners of large real estate portfolios, focusing on technical optimization, modernization, and long-term asset value

With more than 20 years of experience and projects delivered across all building types, our experts support commercial, residential, industrial, and mixed-use developments.

Environmental Due Diligence is a proactive assessment of land or real estate for potential environmental hazards/risks. Identifying an asset's environmental risks is imperative before acquisition. Environmental site assessments detail a site's liabilities and evaluate the requirements for remediation, helping clients understand the site's actual value. Anyone purchasing a property can benefit from environmental due diligence. The process reduces the chances of someone buying real estate and inheriting ecological concerns created by the former owners. It also provides an essential legal defense should issues arise. We perform Environmental Due Diligence in two phases in accordance with ASTM standards for ESA Phase I and ESA Phase II.

A Phase I ESA is an initial evaluation that involves:

• Records Review
• Site Inspection
• Communication

The goal is to identify environmental conditions without physical sampling by tracing the site's history as far back as possible to assess potential sources of contamination.

A Phase II ESA is conducted if an area of concern is identified in the Phase I ESA. It involves:

• In-site sampling
• Laboratory analysis
• Data interpretation

The goal is to provide a comprehensive understanding of the site’s environmental conditions to inform remediation or further action. 

Since we primarily perform Environmental Due Diligence for investors and developers, we offer it as a part of a comprehensive package with other relevant surveys:

• Geological survey
• Hydrogeological survey
• Asbestos survey
• Pyrotechnic survey
• Corrosion survey (stray currents)

We offer fully qualified bank monitoring in construction development. Thanks to our experts, we can provide services for all types of construction projects. The reporting standard and communication format ensure effective monitoring and risk mitigation for our clients.
Our services include:

• Financial, contractual, and legal feasibility of the project
• Facility/loan agreement review
• Confirmation of performed works, i.e., the legitimacy of the financial means supply
• Drawdown confirmation
• Quality assessment of building processes 
• Monitoring of legal building conditions
• Quality and program monitoring of project management
• Project completion confirmation

The Development Land DD/ Feasibility Study service evaluates the potential risks in the construction of a planned project or the acquisition of land.  The service includes the analysis of the available information and public sources and the resulting risks. 
The main areas of analysis are: 

• Compliance with the Planning / Zoning Documents
• Evaluation of availability/capacity of utilities
• Basic Environmental Investigation / Geohazard Assessment
• Analysis of land registry and easements
• Analysis of permitting processes and risks
• Contingent Investment Analysis
• Estimation of investment / demolition costs
• Easments summary review and assesment

Investing responsibly and considering environmental, social, and corporate governance (ESG) criteria in investment valuations and assessment can generate long-term competitive financial returns and positive societal impacts. ESG Due Diligence is an independent review of a project or property designed to identify environmental, social, and governance risks before they affect the value of the asset. Our team analyses both existing buildings and project documentation at the design stage - delivering a practical basis that enables clients to make informed investment decisions. The output can equally serve tenants who are actively engaged in ESG and sustainability.

Environmental (E)

Within the environmental pillar, we focus on the building's operational efficiency and environmental impact. Our goal is to optimize resource consumption and prepare clients for future regulatory requirements.

• Energy performance: We analyze energy consumption and identify potential for energy savings and technical optimization.
• Water management: We review water consumption and sanitary fixture flow rates and propose measures to improve water management efficiency.
• Waste and circularity: We assess waste management practices and the potential for applying circular economy principles.
• Biodiversity: We analyze blue-green infrastructure and opportunities to support local ecosystems in urbanized environments.
• EU Taxonomy alignment: We assess whether the project meets the environmental objectives (climate change mitigation and adaptation) and the Do No Significant Harm (DNSH) principle.

Social (S)

The social pillar assesses how the property contributes to user wellbeing and the broader community. We focus on health, safety, and compliance with the standards that are key to the long-term attractiveness of the space.

• Transport and mobility: We evaluate public transport accessibility, cycling facilities, and alternatives to private car travel.
• Health, safety, and well-being: We analyze indoor environmental quality, user comfort, the level of local amenities, and the quality of outdoor relaxation areas.

Our findings help clients demonstrate social responsibility to tenants, investors, and regulators alike.

Governance (G)

We analyze the governance of a project or asset in terms of ownership and decision-making transparency, contractual arrangements with tenants, and the management of non-financial risks. We help clients build a credible governance structure that stands up to scrutiny from both investors and regulators.

• Ownership structure: We review the transparency of the ownership chain, the set-up of internal control mechanisms (code of conduct, anti-corruption measures, whistleblowing system), and non-financial risk management processes.
• Tenancy relationships: We review lease agreements from the perspective of environmental and social standards (Green Leases) and tenant selection criteria.
• Certifications and initiatives: We review obtained sustainability certifications (BREEAM, LEED, WELL, DGNB) and existing ESG reporting processes.