Senior Real Estate Manager
Job details
Position Title: Senior Real Estate Manager Reports to: Head of Real Estate Location: Leeds/Remote Working Hours: Full Time Position Summary The role holder is responsible for the effective, efficient, and responsive management of the First Bus owned and leased property estate. They will deliver a visible programme of work across the estate ensuring that activities are completed to time, budget and quality standards and comply with legislation. A key requirement of the role is to help optimise asset utilisation and ensure that First Bus real estate supports financial targets and growth ambition. Key Accountabilities & Responsibilities
- Support the acquisition and disposal of properties and estate
- Support mergers and acquisition and growth activity, eg undertake property due diligence and support targeted bids such as bus reform/franchising opportunities
- Support the decarbonisation programme by negotiating and agreeing leases and wayleaves for utility providers and eg obtaining Landlords consents / planning consents, prioritising and determining suitability of sites for future electrification
- Inform real estate strategy and capital/operational budgets
- Identify or appoint agents to identify, potential new or relocation sites via targeted site searches
- Identify in advance key leasehold dates including lease terminations/break options/rent reviews and advise LBUs for budgeting and strategic direction
- Complete key leasehold dates/actions either directly or via appointment of external consultants
- Liaise with and instruct external rating consultants to maximise savings and mitigate business rates liabilities through structured process of challenges and appeals. Implement Valuation Office Rating Contact (VORC) scheme
- Liaise with and instruct external building surveyors to undertake annual review of dilapidation assessments and negotiate /agree individual claims
- Prepare business cases/capex requests, as required
- Prepare appropriate forms/requests and obtains approval of terms and conditions of transactions
- Instruct legal advisers during preparation of legal documentation
- Ensure that Lease Management System (Sequentra) is maintained accurately, is complete and up to date
- Assist in preparation/control of property budgets and consultant budgets
- Liaise with other functions to ensure optimum estate management eg Finance/ Security/Insurance/Construction
- Deal with ad hoc property / property financial queries in relation to the portfolio
- Your health is important to us which is why we offer Simply Health & Smart Health for you and your dependents at no cost to you! This offering includes cash back benefits across optical & dental as well as virtual GP appointments, mental health support and nutrition and fitness advise. Our EAP provision offers 24hr, 365 days a year mental health support
- We are also committed to your financial wellbeing, and we offer a platform with many discounts on high street brands and supermarkets etc
- Working at First you also receive discounted train travel for you and your family after 6 months service as well as a free bus pass
- Cycle to work scheme
- 25 days' holiday + bank holidays
- Pension scheme and chance to buy discounted First Group shares
- Enhanced maternity / paternity pay
- Flexible working
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