Real Estate Acquisitions Senior Projects Lead

2 days ago

Staines, Surrey, United Kingdom Bupa Full time

Working in our UK support functions youll play a key part in helping our customer facing colleagues deliver exceptional standards of customer service and patient care. No matter your role, youll have an opportunity to do work that matters. Making a difference to the lives of our customers each and every day.

As our Real Estate Acquisitions Senior Projects Lead youll play a pivotal role in managing the delivery of the estate and property management strategy and service in respect of Bupas Global & UK property acquisitions.

Were looking for a chartered surveyor with commercial real estate experience who can work with our stakeholders to help support the acquisition of our estate assets.

This new role sits within a fantastic team where youll identify, assess, and coordinate activity across business as usual and project property team resources across the property portfolio in line with business and project activity requirements.

We pride ourselves on our enviable working culture and work/life balance.

How youll help us make health happen:

• 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.

• Co-ordinate 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 roles success alongside Head of Estates and Property Director

Key Skills / Qualifications needed for this role:

• Formal property qualifications including membership of the Royal Institution of Chartered Surveyors is required. Experienced professional with an in-depth knowledge of general property matters, providing technical leadership and guidance. Commercial Real Estate Pathway competency preferred.

• Expert knowledge and understanding of Corporate Real Estate and Asset Management.

• Managing and strategically advising corporate occupiers on large diverse property portfolios.

• Corporate Real Estate Executive Background preferred.

• Account management background in agency practice will be a plus as they will combine soft skills and commercial skills.

• Acquisition and Disposal transactional management activity background preferred.

• Experienced Project activity lead able to understand complex fit out and project management activity and interpret technical requirements which support the acquisition of corporate and healthcare assets.

• Understands facilities management and lifecycle PPE requirements which underpin the ongoing costs associated with the running of an asset, in addition to rents, rates, insurance and service charges. Understands efficient fabric and plant and equipment and the cost associated with upgrading underperforming assets.

• Proficient in finance reporting requirements associated with the running of a portfolio (e.g. IFRS and Balance sheet reporting requirements- e.g. dilapidation provision requirements.

• People management and leadership.

• Awareness of self and others to be able to lead a small to medium team.

• Subject matter expert in negotiation, financial and property legal matters.

• Highly results driven with an insistent focus on quality and delivery.

• Excellent communication skills to engage, positively influence and motivate others.

• Demonstration of the highest level of integrity and the ability to achieve successful customer outcomes.

• Cross team collaboration. Solid business acumen and commercial awareness.

Benefits

Our benefits are designed to make health happen for our people. Viva is our global wellbeing programme and includes all aspects of our health – from mental and physical, to financial, social and environmental wellbeing. We support flexible working and have a range of family friendly benefits.

Joining Bupa in this role you will receive the following benefits and more:

• 25 days holiday, increasing through length of service, with option to buy or sell

• Bupa health insurance as a benefit in kind

• An enhanced pension plan and life insurance

• Annual performance-based bonus

• Onsite gyms or local discounts where no onsite gym available

• Various other benefits and online discounts

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