As part of due diligence when acquiring properties, United Urban conducts various inspections concerning external and internal environments of a subject property.
After acquisition, regular examinations and inspections are conducted for the main facilities to secure safety and hygiene for tenants and facility users. When issues are found, cost will be paid to prevent or resolve the issues at an early stage.
Due Diligence for Safety before Acquisition
Seismic resistance (Does it secure features required by the new earthquake proofing standards (Note 2) or better)
Status of compliance with Fire Service Act, City Planning Act, etc., and related laws and regulations
Usage and management status of toxic substances including asbestos, CFC, PCB, etc.
Land use history, status of soil, etc.
Main Regular Inspections after Acquisition
Elevator
Firefighting equipment
Special building
Air quality
Drinking water
Pests and rats
Note 1:Probable Maximum Loss. Potential damage (percentage of the building’s replacement cost) during a 475-year earthquake (probable maximum earthquake).
Note 2:Earthquake-proofing standards for buildings, etc., based on the Building Standards Act amended in 1981.
