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The Mall Athens Due Diligence, Athens, Greece
The Mall Athens Due Diligence, Athens, Greece

CATEGORY: Engineering & project management, Commercial Complexes

LOCATION: Greece

START/END: 2006-2007

CLIENT: HSBC Bank

ORIGIN OF FUNDING: HSBC Bank

PROJECT VALUE: MEP: 70,000

LDK’s BUDGET SHARE: 100%

STAFF PROVIDED: 6

The Mall Athens Due Diligence, Athens, Greece

Type of Services

The scope of work included: Assessment of the electromechanical, architectural and structural Designs / Assessment of permits / Inspection of the Building M&E installations, general condition, conformity with regulations / Audit of the "As Built" drawings / Assessment of the installed equipment / Review of maintenance contracts / Environmental Audit / Health and Safety Regulations Audit.

Description

The project concerns the electromechanical, architectural, structural and environmental due diligence tasks for a building with an area of approximately 50,000m², in addition to  its parking space with a capacity of 2,000 cars. The project was assigned by HSBC, who was  was interested in acquiring a 50% share of the largest shopping mall in Greece.

The technical due diligence was successfully performed in just two weeks, minimal time for such a project, after the client's expressed request for quick delivery. HSBC was very satisfied and after the completion of the Due Diligence, they proceeded with the buyout of 50% of The Mall.

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