https://www.duedil.com/company/01640583/urban-waterside-limited/financials
I may be wrong, I often am, but like the preferred developers chosen for the Blackstone site, Urban Waterside don’t appear to have the finances behind them to deal with complex and potentially very expensive contamination remediation. Again, I stress, I may be wrong.
I shall ask SMBC what sort of financial due diligence in this matter they have exercised (no, please don’t laugh).
