Property Acquisition Specialist
1 month ago
We are seeking a highly experienced Property Acquisition Specialist to join our team in Staines, London or Manchester. This is an exciting opportunity for a motivated and skilled individual to play a pivotal role in managing the delivery of our estate and property management strategy and service.
Key Responsibilities- Create a process for a Property team interface with M&A in the delivery of strategic Property acquisition project activity educating resource requirement per asset type.
- Lead all project-related activity for Property. Attend senior stakeholder and M&A Project team meetings.
- Coordinate timely inputs from all Property functions and submit to M&A stakeholders.
- Provide constructive feedback and flag any risks to Property and M&A teams respectively associated with the acquisition of the proposed asset.
- To work with Property functions to ensure respective risks are flagged to M&A Project lead.
- Validate proposed acquisitions and disposals of property assets by the M&A team; reviewing and recommending improvements where necessary to ensure competitive lease terms are entered as appropriate. Ensuring adequate provisions are in place as agreed with the BGIUK business and working closely with all functions in Property and the wider Project team on deliverability.
- Deliver strategic advice to ensure competitive opportunities are secured and identifying and documenting the risk where sites are below acceptable tolerance.
- Support budget setting to create visibility of ongoing cost associated with the acquired site (s) for finance and accounting purposes, to include rental provision (e.g. rents, rates, service charges), insurance reporting reinstatement values and dilapidations provision for balance sheet reporting purposes.
- Sustainability: Lead and champion initiative implementation across managed portfolio. Focus on ensuring Bupa complies with relevant legislation (EPC/ MEES). Working with M&A and Sustainability to align our acquisition activity to ensure our lease terms align against emerging legislation.
- Create measures for the role's success alongside Head of Estates and Property Director.
We're looking for a seasoned professional with an in-depth knowledge of general property matters, providing technical leadership and guidance. Key skills and qualifications required include:
- Formal property qualifications including membership of the Royal Institution of Chartered Surveyors is required.
- Expert knowledge and understanding of Corporate Real Estate and Asset Management.
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