Transaction Manager - Retail (7-month FTC)

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Transaction Manager - Retail (7-month FTC)

Job ID

140885

Posted

23-Apr-2024

Service line

Advisory Segment

Role type

Full-time

Areas of Interest

Sales & Leasing

Location(s)

London - England - United Kingdom of Great Britain and Northern Ireland

Role Purpose

This role sits within the dedicated Retail Account Team who manage all of the Transactional Activity across our clients' estate in the UK and Ireland (Global Bank). The Retail Transaction Management team report to the Strategy & Retail Account Lead, undertaking transactional activity around the 'retained' operational branch network to include Landlord & Tenant matters such as Lease Renewals & Rent Reviews and the transactional activity surrounding 'portfolio change' namely acquisitions, disposals, opportunities from branches at risk and re-gears of existing leases, together with Landlord & Tenant matters impacting the non-occupational portfolio.

The role we wish to recruit for is focused primarily on the 'retained' operational branch network, managing the real estate transactions, delivering lease renewals and rent reviews within the UK. There will however be opportunities to be involved in wider transactional activity associated with 'portfolio change'. There are two other Retail Transaction Managers, a Data Analyst and an Account Administrator, all of whom the successful applicant will be working closely alongside.

Our clients outsource their transaction management, estate management and data management functions to CBRE who manage all of the downstream activity. Additional 'call off' services are offered by CBRE including Building Consultancy & Rating.

The role means that you will have the opportunity to engage directly with the client and work with the CBRE Lease Consultants and Retail Agents to ensure the smooth delivery of transactions. The team have a strong track record of generating outstanding results for the client, one of the leading UK banking groups on the UK High Street.

Key Responsibilities

The management and delivery of services conducted by CBRE's Lease Consultants and Retail Agents from both Central London & Regional offices.

Responsible for the delivery of Lease Renewals and Rent Reviews on the UK Retail portfolio.

Be prepared to take a more hands on approach to high profile and complicated transactions.

Responsible for maintaining accurate data systems for caseload.

Ensuring the appropriate recommendation reports required at different stages of the process are prepared accurately and promptly, to include Business cases submitted for approval as part of the governance process.

Ensuring the accuracy of periodic forecasting & budgeting of rents across the UK Retail portfolio.

Provide Management Information, data and trend information as required for internal and external reporting.

Managing the negotiated transactions through solicitors' hands to ensure timely conclusion of all matters.

Work closely with the CBRE Estate Management team and the wider Retail account team on all aspects of transaction management.

Work closely with other CBRE Service lines including Building Consultancy, Rating, Planning & Valuation as required.

Participate in weekly, monthly and quarterly internal CBRE and external 3rd party/client meetings, both in person and via 'Teams'/'Zoom' calls.

Person Specification/Requirements

Possess good market knowledge and genuine insight of the UK & Ireland Retail property market.

Ability to motivate, develop and challenge internal stakeholders, to include the confidence to manage upwards as well as downwards.

Ideally an established property background with a good understanding of the principles of agency, negotiation and general asset management.

Knowledge and working experience of Landlord & Tenant law within England & Wales and Scotland would be an advantage.

Strong collaborator with ability and enthusiasm to develop close working relationships with internal & external stakeholders at all levels of experience.

Ability to make sound and confident decisions and recognise the need to seek senior support where required.

Contract type: FTC until end of 2024