Senior Development Manager / Development Director – Pan European PE firm – London
We are currently working with a leading private equity business who due to continued growth are looking to expand their team with a Senior Development Manager from a project management background. They are an exceptional business with £10+ billion of assets under management across Europe.
£100,000 - £140,000 + Benefits + Bonus c.50%
The Senior Development Manager / Development Director will be joining a small dynamic team who oversee the investment and value add development of a mixed portfolio of assets including BtR residential, hotel, PBSA, office, Retail / shopping centre, logistics and mixed-use across Europe. The majority of acquisitions require a large value add CAPEX spend with projects generally valued between £20 million and £100+ million developed through their strategic JV development partnerships and some in direct development.
The Senior Development Manager / Development Director will have ideally come from a project management background and developed their skills and understanding of the front-end investment cash flows, IR, risk and development appraisals. The role will oversee the full development lifecycle of a number of concurrent schemes from initial DD and input into the development appraisals through planning, tender and management of consultant / JV development partners challenging the design, procurement and set up through to completion. On their own direct development schemes the person will take a more hands on approach negotiating and tendering for contractor and consultant team set up.
The role will report into the MD and senior investment stakeholders, and they are looking for a proactive commercially astute individual who has experience managing risk and has the confidence to answer the difficult questions and keep development in line with the original appraisals.
Degree in Project Management, Real Estate or Investment.
Ideally circa 8+ years’ experience developing from a project manager into a client-side development management position ideally within a PE business.
Pan European exposure advantageous
Experience in overseeing the 360 development cycle from front end due diligence, risk mitigation, design, tender, JV development agreement and JCT contract administration, cashflows, change management and monitoring a project through delivery phases against the development agreement to final handover.
Solid understanding of Investment cash flow, IRR, development appraisals and loan document set up.
Good high level reporting experience and people management skills
Engaging, commercially astute, hardworking and ambitious.
For further information on this opportunity and to apply for this position please send your CV through to firstname.lastname@example.org or contact John Clarkson on 0203 854 3871