Legal Counsel

Found in: beBee S GB - 2 weeks ago

London, United Kingdom Realty Income Full time

Are you looking for an exciting and dynamic next step in your legal career?

Do you have a passion for real estate and working for a top organization in the industry?

Do you have a deep understanding of property litigation directly related to 1954 Act?

Realty Income’s expansion into Europe is well underway and we need your contribution to build and manage our asset and property management capability. As a Legal Counsel with our company, your role will have four key areas of focus:

Supporting Senior Legal Counsel in building an effective and scalable legal function and processes for the management of an ever-growing portfolio.

Collaborating with the Portfolio Management team to enhance value.

Managing renewals including 1954 Act process and tactics.

Contributing to ESG initiatives including energy efficiency and solar projects.

As lead attorney on assigned transactions, you will:

Collaborate with the Portfolio Management team and external advisors in managing a variety of real estate assets and real estate owning companies, including but not limited to multi-let assets across the United Kingdom and Europe, and development projects, for the Company’s rapidly growing European real estate portfolio.

Lead on assigned matters and manage all necessary legal services, in combination with outside counsel and third-party service providers.

Where necessary, supervise paralegals working on assigned matters from external law firms.

Collaborate with the Company’s interdisciplinary team of professionals to devise an optimal asset management, value add, energy efficiency and solar initiatives and property litigation approach.

Handle wide range of routine-to-complex PM legal matters, e.g., draft/negotiate sale and purchase agreements, lease agreements, agreed lease renewals, opposed and unopposed lease renewals with security of tenure under the Landlord and Tenant Act 1954, ground leases, confidentiality agreements, exclusivity agreements, consents to sublease, lease assignments, collateral assignments, deeds of surrender, alterations and improvements, landlord waivers/subordinations, license agreements, deeds of easement, rent review memoranda etc.

Review and draft third party supplier agreements.

Review solar panel installation, energy and income sharing agreements.

Attend director meetings and present transactions to the board of directors, coordinate execution of documents, and assist with entity management responsibilities where required.

Analyse transactions and structuring on transactions in the UK and other countries as necessary.

Review, evaluate and approve information and reports received from external advisors in connection with management transactions.

Manage and monitor environmental issues from a legal perspective. Review and analyse environmental reports.

Tenant Defaults:

Advise the Company on best practice in the event of tenant defaults;

Retain and oversee external solicitors as and when necessary.

Manage/oversee routine-to-complex litigation and retain/supervise outside legal counsel, including but not limited to opposed and unopposed lease renewals with security of tenure under the Landlord and Tenant Act 1954.

Provide proactive legal advice to the Company’s executives.

What we need from you:

Undergraduate degree.

Qualified Solicitor (England & Wales).

Minimum of 4 years post-qualification, on-point legal experience in a City law firm or real estate focused investment fund.

Substantial experience in commercial real estate transaction law and real estate litigation.

Fluent (spoken and written) English; additional European language helpful.

Who we are:

Realty Income (NYSE: O), an S&P 500 company, is real estate partner to the world's leading companies. Founded in 1969, we invest in diversified commercial real estate and have a portfolio of over 15,450 properties (including properties acquired in the Spirit merger in January 2024) in all 50 U.S. states and in seven countries in Europe. We are known as "The Monthly Dividend Company®," and have a mission to deliver stockholders dependable monthly dividends that grow over time. Since our founding, we have declared 646 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats® index for having increased our dividend for the last 25 consecutive years. Our company attracts individuals who value integrity, perseverance, and teamwork. If you appreciate working in a professional environment that rewards employees based on merit and values a work-life balance, make sure to apply today

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