We commissioned two consultancy firms:
■ Property development advisers, Chesterton, to advise us on the reasonableness of key assumptions in the proposal from Meridian Delta Ltd, particularly the expected property values on the redeveloped land, and to comment on the sale process.
■ Legal advisers, Wragge and Co, to advise on the robustness of the agreement between English Partnerships and Meridian Delta Ltd, and on profit sharing in particular.