Risk management beyond individual property level

How do we do it? What’s involved?

The challenge to identify and manage risk across a number of assets (buildings and infrastructure) is becoming increasingly complex in a world where data expands and decision timeframes contract.

This acute challenge is resident across a number of sectors that cover the way these assets change, including development, transaction management, lending and investment. We provide services that solve these challenges for a wide range of clients, from surveyors and architects to fund managers and conveyancers – for example environmental risk management for fund managers transacting property portfolios, with the methodology below.

Stage 1. AddressesAll we need from the client is a list of the asset addresses.

Stage 2. Geo-CodingBy using proprietary and interactive software, Landmark can work from this simple list of addresses and slot them into the assessment process, saving clients’ valuable time.

Stage 3. Interactive Risk ScreenWe can screen every asset against a combination of datasets to identify sites that are at risk from a wide range of environmental perils (including contaminated land, flooding, ground stability etc.). This screening tool is completely flexible and can be tailored to each client’s risk type and tolerance requirements.

Stage 4. Tailored ReportingWe complete a detailed desktop report on any asset highlighted at risk after Stage 3. These reports are provided by our technical specialists and provide a manual and pragmatic analysis.

Stage 5. ConsultationWe provide consultation services for any assets remaining at high risk after Stage 4. This may comprise consultation with the regulatory authority (Local Authority, Environment Agency), or a review of past reports.

Stage 6. Risk Solution or TransferIf any assets remain at risk after Stage 5 we can present solutions to resolve these risks, which could include, for example, cost appraisals for flood protection measures or insurance terms for contaminated land insurance policies.

Stage 7. ‘Other’ Group Data & ServicesWe can include any wider group data (and analysis) that complements this service, such as 3D mapping for architects, extensive Promap title boundary plan options for fund managers and/or highways searches for conveyancers.

Trust the experts | The detail is in our data©2015 Landmark Information Group.

PortfolioAddresses

Client

Geo-CodingTool

Other Group Data & Services

Interactive Risk Screen

TailoredReporting

Consultation

Risk Solution or Transfer

Environmental risk management

For more information:

Call 0845 458 5250 or email chris.loaring@argyllenviro.com

Trust the experts | The detail is in our data©2015 Landmark Information Group.

Argyll has been appointed by Aberdeen Asset Management to support a number of property fund mergers.

By analysing assets already owned by Aberdeen we had to be pragmatic in our environmental risk analysis and focus attention on areas of real concern.

With a commercial approach to environmental risk and by effectively looking at regulatory risk only, our focus was on resolving any contaminated land liabilities within the funds prior to their mergers.

Following the screening process allowed us to focus our time on reporting on high risk assets, from which we completed consultation steps where necessary with the regulators. This allowed us to reduce the number of areas of concern dramatically and end up with only a handful of assets at risk.

Following further analysis involving the Financial Risk Model process, we were able to advise Aberdeen’s insurers to get the risks transferred, and support the fund mergers in a timely fashion.

Having worked with Landmark to provide due diligence support on several large property portfolio transactions, their expert data analysis and highly commercial approach is clear. A combination of high quality data, risk assessment expertise and a flexible approach means they are well placed to support our projects within our timeframes. Most importantly, their intelligent risk assessment and clear risk management solutions make the project run smoothly from start to finish. They were quick to understand our needs and very responsive. A degree of flexibility was needed and this led to some follow up work, which they also handled very competently.

Cameron Murray | Fund Manager

Who is it for?

Managing environmental risk across multiple assets is an acute challenge across a number of sectors.

Our services can be used by anyone acting on an asset portfolio to effectively manage risks.

What are the key features?1. FlexibilityOur service allows a client to design the entire risk management analysis themselves or we can apply industry standard analysis on their behalf with no input required, or the solution may lie somewhere in between. Interactive risk models and reporting options provide flexibility to build the service around any budget.

2. ComprehensiveLandmark holds the most comprehensive library of environmental data in the UK and is the data provider of choice for the majority of Local Authorities and the wider public sector. This means our clients can screen against any credible environmental risk, and be confident they are using the same data as key regulatory decision makers.

3. AccurateLandmark cleans and geo-locates millions of addresses each year. Our business is dependent on accurate data, for example, the c.1 million conveyancing reports we supply to market each year. From unique geo-coding software to data accuracy testing and updates, we host the best environmental data in the UK.

Why does it matter?

This staged process provides complete coverage and analysis of environmental risks, whereby traditional approaches typically consist of sampling around 10% of assets within a portfolio in the conveyancing sector.

The project is designed in conjunction with the client and the outputs are compatible with their systems, for example, we can provide GIS data layer outputs to plug into management platforms.

Who does it? The team of highly experienced and accredited consultants at Argyll (the in-house environmental consultancy of Landmark Information Group). Some key personnel include:

Chris Loaring I Head of Argyll

Chris has more than 8 years’ experience in the provision of environmental due-diligence solutions across the legal, property and financial markets. Leading the high performing consultancy team in Brighton, Chris is at the coal face where these projects are delivered.

Mark Taylor I Senior Consultant

Mark has more than 5 years’ experience in environmental risk analysis and management. An industry leading consultant, Mark has designed and implemented flood risk models which power more than 150,000 market leading conveyancing reports per annum.