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Senior Development Manager / Development Director – Pan European PE firm – London

  • Location:

    London

  • Job type:

    Permanent

  • Salary:

    £100,000 - £140,000 + Benefits + Bonus c.50%

  • Contact:

    John Clarkson

  • Contact email:

    j.clarkson@falmouthfairfax.com

  • Contact phone:

    +44 (0)20 3854 3871

  • Job ref:

    254

  • Published:

    11 months ago

  • Expiry date:

    2023-03-31

  • Startdate:

    ASAP

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.

Remuneration:
£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.

Requirements:

  • 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 j.clarkson@falmouthfairfax.com or contact John Clarkson on 0203 854 3871