Property Investment & Acquisition Manager
- Recruiter
- Confidential
- Location
- Luton
- Salary
- Competitive
- Posted
- 01 Sep 2021
- Closes
- 29 Sep 2021
- Sectors
- Banking & Financial Services
- Contract Type
- Temporary
- Hours
- Full Time
Role : Property Investment & Acquisition Manager
Contract : Temporary
Grade : 350 a day
Pay : 350 a day
Connect2Luton are excited to recruit a Property Investment & Acquisition Manager on behalf of Luton Borough Council within their Property Investment & Acquisition department!
As Property Investment & Acquisition Manager you will responsible to lead on setting the strategy for and the management, investment, development and performance of the Council's non-operational estate to deliver priorities set out in the Council's Capital Strategy, Asset Management Plan and Performance Plan.
About the Role
* preparing and annually updating property-specific business plans;
* identifying new investment opportunities linked to performance forecasting and property diligence;
* identifying reinvestment opportunities alongside retained assets to deliver higher yields;
* disposing of redundant, obsolete or poor performing assets;
* managing all properties held for investment; and
* managing all properties and land held for future development
* Lead on property acquisitions for:
i) LBC's investment portfolio
ii) External clients e.g. London Luton Airport Ltd (LLAL)
iii) Basic Needs Group
iv) LBC strategic acquisitions
* identifying and sourcing properties, negotiating acquisitions and appointing and liaising with external professionals as necessary.
* Identify and bring forward proposals for the development of key assets including the commercial portfolio, strategic land holdings and development sites ensuring that the Council's financial returns are optimised in accordance with investment portfolio strategies and that the long-term interest is safeguarded in accordance with the Asset Management Plan and Capital Strategy.
* Act as the strategic lead for the Council to support specific land development projects, disposals and other capital projects aimed at optimising capital and rental values or contributing to corporate objectives, including the longer term growth of the investment return to the Council.
* Develop and provide a strategic liaison with LLAOL (the airport operator, London Luton Airport Operations Ltd) on behalf of London Luton Airport Ltd and other strategic partnerships and trusts, ensuring that the Council and respective Airport and Major Development Project Boards receive appropriate property ownership, valuation, and commercial viability advice and reports for making decisions and effective management.
* Write and present reports, attend meetings of the Council, Executive, Joint Board, Policy Group and Scrutiny Committee or other relevant body as necessary, deliver training and represent the Division at a variety of meetings, including out of hours, as required
* Undertake annual asset valuations, options appraisals, property reviews and property searches as appropriate. Ensure that accurate and up to date records and information are provided to the Property Information Team for inclusion in the Council's Asset Register
About you
* Able to manage a large budget (circa GBP1m) including setting, monitoring, reporting of and authorising spend against in accordance with Financial Regulations
* Able to negotiate and influence service users, elected members, external clients and other professionals at a high level in relation to politically sensitive and often complex property and development issues.
* Proven ability to write and present complex reports, property investment strategies and presentations in a clear and focussed way to a variety of audiences including potential external clients
* Able to write a variety of accurate and detailed valuation reports/3rd party representations in accordance with RICS guidance
* Able to prioritise, plan and organise own workload to meet conflicting priorities, targets and deadlines.
* In-depth experience and knowledge of local Government practices and procedures.
About Us
Luton Borough Council have partnered with Kent County Council to create Connect2Luton, a recruitment managed service for all contingent temporary agency, contract and interim roles at the Council.
Our heritage and being local government owned means we have a wealth of knowledge and expertise within the public sector, with many of our employees having previously worked for the Council or have supplied previously into the Council, for several years.
We are an equal opportunities employment agency and business that positively encourages applications from all suitably qualified and eligible candidates.
Connect2Staff/Connect2Kent, part of Commercial Services Trading/Kent Ltd, is an equal opportunities Employment Agency & Business and positively encourages applications from all suitably qualified and eligible candidates
Contract : Temporary
Grade : 350 a day
Pay : 350 a day
Connect2Luton are excited to recruit a Property Investment & Acquisition Manager on behalf of Luton Borough Council within their Property Investment & Acquisition department!
As Property Investment & Acquisition Manager you will responsible to lead on setting the strategy for and the management, investment, development and performance of the Council's non-operational estate to deliver priorities set out in the Council's Capital Strategy, Asset Management Plan and Performance Plan.
About the Role
* preparing and annually updating property-specific business plans;
* identifying new investment opportunities linked to performance forecasting and property diligence;
* identifying reinvestment opportunities alongside retained assets to deliver higher yields;
* disposing of redundant, obsolete or poor performing assets;
* managing all properties held for investment; and
* managing all properties and land held for future development
* Lead on property acquisitions for:
i) LBC's investment portfolio
ii) External clients e.g. London Luton Airport Ltd (LLAL)
iii) Basic Needs Group
iv) LBC strategic acquisitions
* identifying and sourcing properties, negotiating acquisitions and appointing and liaising with external professionals as necessary.
* Identify and bring forward proposals for the development of key assets including the commercial portfolio, strategic land holdings and development sites ensuring that the Council's financial returns are optimised in accordance with investment portfolio strategies and that the long-term interest is safeguarded in accordance with the Asset Management Plan and Capital Strategy.
* Act as the strategic lead for the Council to support specific land development projects, disposals and other capital projects aimed at optimising capital and rental values or contributing to corporate objectives, including the longer term growth of the investment return to the Council.
* Develop and provide a strategic liaison with LLAOL (the airport operator, London Luton Airport Operations Ltd) on behalf of London Luton Airport Ltd and other strategic partnerships and trusts, ensuring that the Council and respective Airport and Major Development Project Boards receive appropriate property ownership, valuation, and commercial viability advice and reports for making decisions and effective management.
* Write and present reports, attend meetings of the Council, Executive, Joint Board, Policy Group and Scrutiny Committee or other relevant body as necessary, deliver training and represent the Division at a variety of meetings, including out of hours, as required
* Undertake annual asset valuations, options appraisals, property reviews and property searches as appropriate. Ensure that accurate and up to date records and information are provided to the Property Information Team for inclusion in the Council's Asset Register
About you
* Able to manage a large budget (circa GBP1m) including setting, monitoring, reporting of and authorising spend against in accordance with Financial Regulations
* Able to negotiate and influence service users, elected members, external clients and other professionals at a high level in relation to politically sensitive and often complex property and development issues.
* Proven ability to write and present complex reports, property investment strategies and presentations in a clear and focussed way to a variety of audiences including potential external clients
* Able to write a variety of accurate and detailed valuation reports/3rd party representations in accordance with RICS guidance
* Able to prioritise, plan and organise own workload to meet conflicting priorities, targets and deadlines.
* In-depth experience and knowledge of local Government practices and procedures.
About Us
Luton Borough Council have partnered with Kent County Council to create Connect2Luton, a recruitment managed service for all contingent temporary agency, contract and interim roles at the Council.
Our heritage and being local government owned means we have a wealth of knowledge and expertise within the public sector, with many of our employees having previously worked for the Council or have supplied previously into the Council, for several years.
We are an equal opportunities employment agency and business that positively encourages applications from all suitably qualified and eligible candidates.
Connect2Staff/Connect2Kent, part of Commercial Services Trading/Kent Ltd, is an equal opportunities Employment Agency & Business and positively encourages applications from all suitably qualified and eligible candidates