Head of Property
2 weeks ago
The Head of Property role is a strategic commercial role focused on delivering the airport’s aspirations for the commercial property estate, managing the property estate, delivering forecasted revenue growth and developing new property revenue streams.
This role will be responsible for the overall property estate of Edinburgh Airport, which consists of over 140 leases. Delivering and enhancing the revenue streams in traditional airport property including office and light industrial leases to larger property developments including Hotels, cargo and large industrial units.
The role will be varied, leading on capacity and development projects, commercial negotiations and working with key stakeholders including airlines, handlers, hotel operators and other airport tenants.
**Key responsibilities**
- Lead the team and agree the negotiation plan on material leases
- Drive and deliver the budget and 5YP revenue in areas of responsibility
- Develop a team that are focused on delivering strong tenant relationships and property management skills
- Develop and deliver new revenue streams in the property estate_ _
- Establish relationships with key stakeholders and tenants
- Review property processes and upgrade or change where required_ _
- Benchmark EDI to other UK Airports and seek new revenue opportunities
**The Commercial XAero Team**
- The XAero revenue streams are forecast to grow exponentially to passenger growth in the next 5 years, these revenue streams support the overall growth of the Airport, allowing Edinburgh to compete on the global stage and win routes which support passenger growth._ _
- The XAero team compromise of Retail, Property, Carparking & Digital and Commercial services. Each department Head is responsible for delivering the annual budgeted and long-term revenue in their respective areas, however, the team work closely together to recognise synergies which will enhance the overall passenger experience, choice and ultimately revenue.
**The Commercial Property Team**
The current team comprises of:
- Commercial Estates Manager
- Property Manager_ _
- Property Operations Co-ordinator
The team deals with all aspects of management of the estate on a day-to-day basis, handling relationships and negotiations to maximise the revenue streams from the estate and dealing with compliance of tenant’s covenants. The Head of Property role will oversee this team, providing guidance and support while dealing with the strategic planning for the department and delivering results in line with agreed projections as noted above.
We understand not everyone will meet all the requirements below, but if you can tick off most of the list we’d love to hear from you.
- You have 5+ years working in commercial property management or property development focused department and a track record of delivering property revenues
- You have experience in contract negotiation, contract management and stakeholder management
- You have 5+ years of line management, developing a team and succession planning
- You have strong examples of developing new revenue streams and leading this from inception to launch
- You have excellent communication and interpersonal skills
- You have experience of working with varied stakeholders and tenants
- You are a leader, with examples where you have lead a team to succeed and deliver excellent commercial results
**What we’ll offer you**
- Pension scheme
- employer contributions can be up to 7%
- 32 days holiday, based on full time roles, increasing with service
- Annual discretionary bonus
- Supporting your health and wellbeing
- private healthcare after 1 years’ service, access to our Employee Assistance Programme and occupational health services
- Free car parking on site and when you go on holiday
- We offer a range of other benefits, find out more here
**Why EDI?**
Building a diverse workforce that is inclusive and accessible to all is a priority for our business. As part of this journey, we are proud to be the first UK airport to be endorsed by WORK180. They only recognise great employers for all women. Find out about our policies on our WORK180 employer page.
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