Key Responsibilities of a Development Manager:
The Development Manager will be heavily involved in the front end of a proposed development identifying and analysing potential opportunities and the potential return on investment after lease or sale of the project.This is a predominantly office-based role with a higher-level strategy viewpoint.Again as with most roles in Real Estate and Development people will become experts within a specific field or asset category.
Typical role responsibilities include:
Identification of potential development opportunities.
Oversee and lead the development appraisals and cash flow analysis to assess viability.
Oversight of the funding and management of the development and partnering agreements.
Oversight of the acquisition process, legal, and development brief / set up.
Management with relevant teams the marketing strategy for the development.
Leading in conjunction with consultant teams the planning process engaging with the local authority, public consultations and discharging the relevant planning notices S106, S278, S73 etc.
Oversight of the Project Manager and consultant teams in delivery tracking the development and keeping in line with the development appraisal, development obligations and budget to maximising ROI.
Stakeholder management and reporting on cashflow and development progress.
Towards completion of the project engaging and overseeing the marketing / sales / lease process.
A property related degree (preferably Real Estate or Investment)
Chartership as you progress your career:
MRICS – member of the royal institute of chartered surveyors
Numerical and analytical with good presentation skills
Good IT knowledge particularly Excel, modelling software such as Argos, Word and PowerPoint for report writing and presentations.
Good people and stakeholder management ability.